Day Trading Stocks & Futures

TraderRavi

low risk profile
Talking to you, my signal triggered to short BNF, missed trade, but worth it :D:D
ie. @ 19250
Any news for that ?
I just closed my TM short few mins before this fall as it was not falling as TM EQ falling & not even touching the lower line, just 5 mins later bang :annoyed:
this is the problem with trading futures

 

travi

Well-Known Member
some are horizontal lines at round numbers , in NF at 8400 , 8450 , 8500 etc , in stocks like TS/TM at 460 , 465 , 470 etc these are psychological support/resistance as Bull/Bears tend to defend them.
other horizontal lines are normal support/resistance.
Most traders are born smart, born to trade. There are many industry terms/practices that I learn only to realize that we've been doing it.

Same case with his lines, they would interpret supply and demand zones. :thumb:
 

travi

Well-Known Member
Paper trade:
short straddle 19100 Net Prem credit 96*lot.
long straddle 19100 Net Prem debit 96*lot.

IV: 13%
Target: Demonstrate Low IV sell issues vs high Theta on Expiry day.
IV factors, Yes/Axis Bank results.
 

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