hi !
as i have answer to one more thread in the forum related to similar question. you can earn good money in arbritrage tradeing technique . however you need to think beyound the defination of "Arbritrage". Though the term is set for tradeing in difference. say in cash market REliance is tradeing at 1020 and in future 1040 . you can buy in cash and sell in future and hold ti,, expiry to get the arbritrage profit. this simple principle is not being followed by any of the arbritrage mutual funds or any of the advanced arbritrage traders.
if you will think it in broad sense . Then just try to set up your an arbritrage relationship of odd scripts(say SBI and bank nifty) based on other technical parameters like their degree of volatility over a period of time. beta propertion, moveing average cross over reaction and many other technical and fundamental parameters. if you do this then it will surely benifit you. hope this information will help you .
