'Sup Fellow Traders!!
I have just started trading in Nifty Options and I think there is real potential here to at the least quadruple our returns if we can find a strategy that works.
Right now I only trade on a positional basis. So most of the times I am buying next month options.
I was just wondering, whether there was a working strategy that any of you seniors were using to trade Index options (preferable Nifty) on a daily/weekly basis and could share it with us (would be a huge favor).
Please, the strategy should be a regular income generator and not a one time event. e.g., Nifty broke support of 5900, Buy Puts.
I am a big fan of indicators and I use them in every trade that I enter. So if you have anything with indicators, please do drop in a few words.
And one more thing that I would like you to consider, that please keep the trade duration to less than a week, or maybe a week. Sure, daily trades is all I want, but any strategy will do.
I am compiling the results of a simple strangle on Nifty from 2005-2006 until now, but as I have a salaried job, I cannot give time to these studies during office hours.
So please share anything you can to help out novice traders like me. By novice I mean that I am a newbie as far as Options are concerned.
Peace Out.
I have just started trading in Nifty Options and I think there is real potential here to at the least quadruple our returns if we can find a strategy that works.
Right now I only trade on a positional basis. So most of the times I am buying next month options.
I was just wondering, whether there was a working strategy that any of you seniors were using to trade Index options (preferable Nifty) on a daily/weekly basis and could share it with us (would be a huge favor).
Please, the strategy should be a regular income generator and not a one time event. e.g., Nifty broke support of 5900, Buy Puts.
I am a big fan of indicators and I use them in every trade that I enter. So if you have anything with indicators, please do drop in a few words.
And one more thing that I would like you to consider, that please keep the trade duration to less than a week, or maybe a week. Sure, daily trades is all I want, but any strategy will do.
I am compiling the results of a simple strangle on Nifty from 2005-2006 until now, but as I have a salaried job, I cannot give time to these studies during office hours.
So please share anything you can to help out novice traders like me. By novice I mean that I am a newbie as far as Options are concerned.
Peace Out.
