Nifty Futures Trading

debdeeps · #**5521** 30th May 2008, 01:18 PM

Quote:

Originally Posted by myvineet

its amazing to see market in such a small range for so long .....looks bulls & bears have postpone the operations till monday ..

And finally got a direction !! It's now a days safer to carry a short position than long

Sats · #**5522** 30th May 2008, 01:21 PM

Hi gkpc, RK sir,

I would like to use kolkatta meet signal indicator for trading in nifty futures...So what exactly i shoud do for this?

Do i have to purchase metastock or amibroker for this?
If so, where can i get MS or ami? Is the metastock or ami a purely chartplotter with RT data? Will MS automatically get RT data or we have to connect with some RT data provider software?

I am very beginner on this software/tech analysis?

It would be better if any of u PM ur mobile number?

U can answer me after Market hours also.

Thanks,
Sats.

new2sm · #**5523** 30th May 2008, 01:48 PM

wah wah jio

sitting on good profits. SL 4840

new2sm · #**5524** 30th May 2008, 01:51 PM

SL hit. 56 + 35 Pts Profit on last trade.

new2sm · #**5525** 30th May 2008, 02:03 PM

long from 4840 1 lot

new2sm · #**5526** 30th May 2008, 02:09 PM

sold @ cost. did not have guts to trade. waiting for confirmation.

milkyblack · #**5527** 31st May 2008, 12:18 AM

Quote:

Originally Posted by rkkarnani

Hello rkripal, its workable if you save 12 points per lot only. It comes to Rs.600/- and the 0.01 brokergae at Nifty level 5100 should come to Rs.120/- or at 0.02 it would be around Rs.172/-
One still saves at 0.01% a sum of Rs.480/- and at 0.02% the Net profit wud be 428/-
GKPC bot and sold 28 lots and gained around 200 nifty points. i.e. 50X200=10000/- less expenses at 120X28=3360, net saved about 6000+
The best part is that for intraday square off brokers insist on only half the margine!!!!
At 0.02% brokerage the profit today wud be ~5200/-

Dear Rkk Sir,

Could you plz explain your point of half the margin in case of Intraday! Did you mean that with normal margin of abt 25k... we can trade 2 lots of NF for intraday... if it is so it is such a wonderful thing

Which broker allows to do this? Really looking forward towards it

if ofcourse the brokerage is also cheap

Regards

milkyblack · #**5528** 31st May 2008, 12:22 AM

Quote:

Originally Posted by gkpc

Regret not posting trades live, shall post as and when get time....

Just do not regret! Keep trading!

Good Wishes to you!

Regards

rkkarnani · #**5529** 31st May 2008, 08:40 AM

Quote:

Originally Posted by milkyblack

Dear Rkk Sir,

Could you plz explain your point of half the margin in case of Intraday! Did you mean that with normal margin of abt 25k... we can trade 2 lots of NF for intraday... if it is so it is such a wonderful thing

Which broker allows to do this? Really looking forward towards it

if ofcourse the brokerage is also cheap

Regards

Hello Milky, Yes, I think most of the brokers where you develop a rappo over a period would allow this facility. I trade with known people where I am given quiet a lot of facilities not normally available but that is not the on going thing.
Recently I was negotiating with India Bulls, they have agreed to HALF margine but trade needs to close EOD.....they added a Bonus : In case some position remained , and there was margine defecit, they will ask for a cheque after market and would not insist on squaring the trade!!!
Just ask about it, maybe some people may ask for 55 or 60% and insist on squaring at 3.00 or 3.15!!!! But am sure many, rather most of the broking houses would allow it. Milky there is a keen competition out there and we can seek some bargains if not more.
Thanks
R K Karnani

milkyblack · #**5530** 31st May 2008, 04:20 PM

Quote:

Originally Posted by rkkarnani

Hello Milky, Yes, I think most of the brokers where you develop a rappo over a period would allow this facility. I trade with known people where I am given quiet a lot of facilities not normally available but that is not the on going thing.
Recently I was negotiating with India Bulls, they have agreed to HALF margine but trade needs to close EOD.....they added a Bonus : In case some position remained , and there was margine defecit, they will ask for a cheque after market and would not insist on squaring the trade!!!
Just ask about it, maybe some people may ask for 55 or 60% and insist on squaring at 3.00 or 3.15!!!! But am sure many, rather most of the broking houses would allow it. Milky there is a keen competition out there and we can seek some bargains if not more.
Thanks
R K Karnani

Thanks a lot Sir, for your input in this matter... As you mentioned... keen competition... and got to bargain to extract the best out of them

Even a margin of 55 to 60 % as mentioned by you would be good for IntraDay...
Once again Thanks !

Regards