Scalping method target 2000 per day- opinion required

[hmp]

Hi,
which stock option you have traded? what was your stop loss & target?

 

[princepaulpp]

Hi,
which stock option you have traded? what was your stop loss & target?

I have traded in nifty 8200 pe and 8300ce
Target 1.1 and stop loss 1

 

[princepaulpp]

There was a problem in this.kindly help.
In zerodha the brokerage charges are 20 per order due to which i started this stratergy but unfortunately yesterday when i placed a single order of 400 options buy , it got executed in parts like 100 , 25 , 50 , 25 , 50 , 50 , 50 , 25 , 25 and since it was BO it got sold also in the same format , 100 , 25 , 50 , 25 , 50 , 50 , 50 , 25 , 25 due to which instead of single buy n sell and costing 40rs it had 9 buy and sell orders and costed brokerage of 360rs.Out of my 400 rs profit target , 360 went for brokerage due to this.
What should i do , how do i overcome this.Seniors pls help me

 

[comm4300]

There was a problem in this.kindly help.
In zerodha the brokerage charges are 20 per order due to which i started this stratergy but unfortunately yesterday when i placed a single order of 400 options buy , it got executed in parts like 100 , 25 , 50 , 25 , 50 , 50 , 50 , 25 , 25 and since it was BO it got sold also in the same format , 100 , 25 , 50 , 25 , 50 , 50 , 50 , 25 , 25 due to which instead of single buy n sell and costing 40rs it had 9 buy and sell orders and costed brokerage of 360rs.Out of my 400 rs profit target , 360 went for brokerage due to this.
What should i do , how do i overcome this.Seniors pls help me

you have to let go of BO to avoid this. place limit order for 400 - even if the same is executed in parts, it'll be treated as one order and only rs.20 be charged.

same goes for selling.

you'll have to manually place all the order - entry limit, sl limit; tp limit.

all the best.

 

[saurabhjain2005]

Thanks comm for the opinion.i will look into nifty option above 100.
I joined zerodha last week n the sales guy told me it is available and we have to pay 70% amount only since its bracket order with fixed stoploss

If you buy options at 100rs, then u will be able to buy only 150 qty. Then you can earn only 300rs per trade. My advice would be to look for particular days when volatility is very high and avid trading on every day. That way even one big move can double up your money.

 

[timepass]

how were your trades today ??

 

[manishchan]

Capital = 15k
Expecation = Make 2K everday
MM = Risking 10 points to make 2 points...

Hmmmm.... very good

Making 2rs consistently is a very difficult task in your case........... But..... you will not realize this until you loose your 15k no matter how many people share opinion here

btw... All the Best !!