Request for help in Futures trading.

prams_aryan · #1 14th May 2008, 06:15 PM

Hello people,
I am Pramod Aryan from Hyderabad. I am trading in Index and Stock Options these days and all the way i am in profit zone. I am trading with daily analysis and market watch,news and am trying to gain knowledge to trade as a professional further.
Now i want to step into Futures trading. I know Futures trading is risky but nithing is gained without risk.I request you to help me to teach about futures trading. If you won't have time please provide daily updated websites on Futures&Options trading where we can learn.Thank You very much in advance.

SavantGarde · #2 14th May 2008, 07:57 PM

Hi Pramod,

Since You Have Been Successfully Trading In Index & Stock Options, Half Your Job Is Done.

Why Not Try Nifty, CNXIT & Stock Futures For The Same Reasons That You Take Position In Options.

Things To Remember Is Stay Long With Sectors Are In Favour & Short With Sectors Which Seem To Be Out Of Favour.

Basic Reason For People Losing In Futures Is Being Over Leveraged & Not Being Able To Meet The Mark To Market. As Simple As That

Let Us Know Your Progress As And When You Do Start Dabbling

Happy & Safe Trading

SavantGarde

Quote:

Originally Posted by prams_aryan

Hello people,
I am Pramod Aryan from Hyderabad. I am trading in Index and Stock Options these days and all the way i am in profit zone. I am trading with daily analysis and market watch,news and am trying to gain knowledge to trade as a professional further.
Now i want to step into Futures trading. I know Futures trading is risky but nithing is gained without risk.I request you to help me to teach about futures trading. If you won't have time please provide daily updated websites on Futures&Options trading where we can learn.Thank You very much in advance.

prams_aryan · #3 14th May 2008, 08:10 PM

Quote:

Originally Posted by SavantGarde

Hi Pramod,

Since You Have Been Successfully Trading In Index & Stock Options, Half Your Job Is Done.

Why Not Try Nifty, CNXIT & Stock Futures For The Same Reasons That You Take Position In Options.

Things To Remember Is Stay Long With Sectors Are In Favour & Short With Sectors Which Seem To Be Out Of Favour.

Basic Reason For People Losing In Futures Is Being Over Leveraged & Not Being Able To Meet The Mark To Market. As Simple As That

Let Us Know Your Progress As And When You Do Start Dabbling

Happy & Safe Trading

SavantGarde

Hello SavantGarde Ji, first of all am very thankfull for your reply. I have invested lot of time gaining knowledge about Options trading and i think it isn't enough but as far as of now i trading successfuly. I have started investing time in gaining knowledge in Futures trading but i like to follow people like you who have already had knowledge which can be taught new traders like me. So i request you to teach me Futures trading when you get your spare time. Millions of Thanks

darsh_goswami · #4 14th May 2008, 08:16 PM

Quote:

Originally Posted by SavantGarde

Hi Pramod,

Since You Have Been Successfully Trading In Index & Stock Options, Half Your Job Is Done.

Why Not Try Nifty, CNXIT & Stock Futures For The Same Reasons That You Take Position In Options.

Things To Remember Is Stay Long With Sectors Are In Favour & Short With Sectors Which Seem To Be Out Of Favour.

Basic Reason For People Losing In Futures Is Being Over Leveraged & Not Being Able To Meet The Mark To Market. As Simple As That

Let Us Know Your Progress As And When You Do Start Dabbling

Happy & Safe Trading

SavantGarde

Great Words Savant Sir,..

I would like add a simple thing Just follow the system. Avoid leaverage. Take calculated risk.

Other then that i can say stick to basics. For me to trade in Futures is as same as taking Delivery of stock for a desired time period ( from 1 day to 1 month or more ). Its as same as taking delivery home, only thing is u r not paying 100% here but just the margin required by NSE ( normally near 20-25% ).

People thinks Taking Delivery home is a wise deal. May be they r right , but i m askin once again, when market crashes if ur investment in deliveries come down to 50% (due to lac of discipline of course). Nobody likes it. Nobody likes to admit it that they r safe coz they r holding deliveries. But at end of the day scenario is same. They hold it till they gain something from it or book loss. Same with futures. Either u keep on carry forwarding them ( i dont ) or simply get out when it hits ur stoploss. Once again i m telling , the best thing is that Stick to basics and follow ur stops n target. That is the key to trade any market.

Regards,.
Darsh

prams_aryan · #5 14th May 2008, 08:26 PM

Quote:

Originally Posted by darsh_goswami

Great Words Savant Sir,..

I would like add a simple thing Just follow the system. Avoid leaverage. Take calculated risk.

Other then that i can say stick to basics. For me to trade in Futures is as same as taking Delivery of stock for a desired time period ( from 1 day to 1 month or more ). Its as same as taking delivery home, only thing is u r not paying 100% here but just the margin required by NSE ( normally near 20-25% ).

People thinks Taking Delivery home is a wise deal. May be they r right , but i m askin once again, when market crashes if ur investment in deliveries come down to 50% (due to lac of discipline of course). Nobody likes it. Nobody likes to admit it that they r safe coz they r holding deliveries. But at end of the day scenario is same. They hold it till they gain something from it or book loss. Same with futures. Either u keep on carry forwarding them ( i dont ) or simply get out when it hits ur stoploss. Once again i m telling , the best thing is that Stick to basics and follow ur stops n target. That is the key to trade any market.

Regards,.
Darsh

Hello Darish ji Thank you for your reply i have understood littlebit of yor reply but i think i will definetly understand completely when i learn and gain knowledge in Futures trading.Please help me in providing examples to understand futures trading on Stocks&Index and websites which i can learn and gain Knowledge.Millions of Thanks for your reply

sudoku1 · #6 14th May 2008, 08:30 PM

Quote:

Originally Posted by prams_aryan

Hello Darish ji Thank you for your reply i have understood littlebit of yor reply but i think i will definetly understand completely when i learn and gain knowledge in Futures trading.Please help me in providing examples to understand futures trading on Stocks&Index and websites which i can learn and gain Knowledge.Millions of Thanks for your reply

futures can b the best place on earth 2 b in....but if played without strategies can kill one.....so , while tracking futs , dont enter directly , play with the underlying cash stock in small qties.....for 6 to 12 months & then proceed 2 the futures

prams_aryan · #7 14th May 2008, 08:41 PM

Quote:

Originally Posted by sudoku1

futures can b the best place on earth 2 b in....but if played without strategies can kill one.....so , while tracking futs , dont enter directly , play with the underlying cash stock in small qties.....for 6 to 12 months & then proceed 2 the futures

Hello sudoku1 Ji,Thank your for your valuable suggestion. I am not in a rush to build rome in a night. After investing lot of time in gaining knowledge only i start investing in whatever i choose and same goes with your suggestion.
But please help me in teaching about Futures trading in Index & Stock options atleast one example on each. Millions of Thanks for your suggestion and reply

sudoku1 · #8 14th May 2008, 08:46 PM

Quote:

Originally Posted by prams_aryan

But please help me in teaching about Futures trading in Index & Stock options atleast one example on each.

as futs cannot result in delivery , its a plain speculative action .....so without TECHNICAL ANALYSIS , it would b like going out in rain without an umbrela....cause with TA.....stoploss is generated which is the lifeline for any trader here......no stoploss......no stopping of loss.....& when loss does not stop......the trader STOPS...

prams_aryan · #9 14th May 2008, 09:17 PM

Hi somebody please help me in understanding Futures Trading in Stocks & index

sajeevts · #10 14th May 2008, 09:37 PM

Can anybody explain the open interest effects in future trading? I am only aware that when the Open interest rising along with prices, is a bullish indicator that an uptrend is in progress and is likely to be sustained. (and vice vesa)

On the channels always we hear fresh short/long positions in OI are added or winding up is happening. How it is assessed. What are the effects? Please explain.

Regards

Sajeev