How do you trade without using leverage ?

#12
Saif,

Total Margin = Intial Margin+Exposure Margin

While Initial Margin percentage changes...... due to VAR (Value At Risk) Exposure Margin which is usually 3% for Index Futures remains the same for that particular expiry...... and whether it remains the same or there is any change in percentage is intimated through a circular from the exchange before the start of the next month.

Unlike FX where a Standard Lot size is $100,000 and one can take any fraction thereof.... it is not so with NSE Futures.... Lot sizes for various Futures are explained by Aditya.....

For eg Nifty Future lot size is 50 meaning 50=1 Lot.
Considering Nifty Future closed @ 4800
Value of the future is 50 x 4800 = 240,000 Rupees and to take a position you just need a fraction of 2.4 Lac.....


Therefore, if you are going to deposit 1 lac in your trading account it would not be advisable to take position of more than 1 lot if you trade Intraday.... you need to have extra money in your ledger to take care of your MTM losses as well.........

For Intraday... Aditya was just giving you a thumb rule.... but you need atleast Initial Margin to Trade Intraday.... and for keeping overnight position you need the additional Exposure Margin as well.......


SG
Thank you SG sir for explaining :))
 
#13
Kahin itna likhney ke baad nahin samajh mein ata to carpenter bhejne wala tha Electro Pneumatic Drill ke saath.....Bujh Chen Saifbabu..:)

SG
HAhahahahah aapki itni lambhi post bekaar nahi jayegi mereko samjah mai aa gaya bas hindi mai likh dete to behtar hota aapki english masahallah ekdum foreign :p, pad mereko acche se samajh mai aa gaya ! :)) thank you