My Bank Nifty Option trades.

#11
Any suggestions. The reason i am asking for a feedback is so that people with limited funds could benefit as i would like to replicate their model. This is apart from my regular usual trades which i would not be disclosing.
The people with limited funds will not be able to replicate the psyche of the secure funded trader. One could, in theory, double it from 5000 to 10000, but maybe not from 5 lakhs to 10 lakhs; not that easily.

That is why I asked. 5000 maybe the risk money for one trader, or the whole corpus for the other.
 
#12
Any suggestions. The reason i am asking for a feedback is so that people with limited funds could benefit as i would like to replicate their model. This is apart from my regular usual trades which i would not be disclosing.
As the excercise is for small capital traders,assume your trading capital as Rs 50,000. Assume that you will risk between 2-3 % of the capital on a single trade.So if you buy a call at Rs 75 and your stoploss is at 50 that means you are risking 25 points So on 1 contract the loss will be Rs 1000 so you can trade 1 contract....if the stoploss is for 10 points then you can trade 2-3 contracts...for overnight positions keep only 1 contract position.Also define max loss per day after which trading will be halted for the day.

Smart_trade
 
#13
As the excercise is for small capital traders,assume your trading capital as Rs 50,000. Assume that you will risk between 2-3 % of the capital on a single trade.So if you buy a call at Rs 75 and your stoploss is at 50 that means you are risking 25 points So on 1 contract the loss will be Rs 1000 so you can trade 1 contract....if the stoploss is for 10 points then you can trade 2-3 contracts...for overnight positions keep only 1 contract position.Also define max loss per day after which trading will be halted for the day.

Smart_trade
Seems like a good idea. So i can take all trades thrown up by the system with a sl (which would be reasonably small 10-15 points) and to carry forward a max. of one position and to take profits as per greed levels or signal.
 
#14
Hi

For everyone's benefit, you can once again, define the system/method/rules you will be using on this thread.

Or better, if some of the regular followers/learners can write it down here (as per their understanding, so far)


All the Best


Happy :)
 
#17
To avoid issues like old and new version of Amibroker,AFL....someone not having Amibroker,someone having trade tiger,kite etc....we can keep some simple thing like OBV chart of the contract ( call or put) with a 36 period moving average or some similar simple tool which all charting softwares will have.

Just a suggestion,if found acceptable.

The target should be Rs 1,00.000 profit...it could be in 10 trades or 50 trades ,does not matter....

Smart_trade
 
#19
To avoid issues like old and new version of Amibroker,AFL....someone not having Amibroker,someone having trade tiger,kite etc....we can keep some simple thing line OBV chart of the contract ( call or put) with a 36 period moving average or some similar simple tool which all charting softwares will have.
Excellent suggestion !!

I don't use Amibroker. Trade Tiger has OBV but only for price, not for volume.

The target should be Rs 1,00,000 profit...it could be in 10 trades or 50 trades ,does not matter....
Another good idea. A small trader will look first at the amount.
 
#20
To avoid issues like old and new version of Amibroker,AFL....someone not having Amibroker,someone having trade tiger,kite etc....we can keep some simple thing line OBV chart of the contract ( call or put) with a 36 period moving average or some similar simple tool which all charting softwares will have.
Not Fair :D

Rules should be as per the OP, and not depend on least common denominator

Just a suggestion,if found acceptable.

The target should be Rs 1,00.000 profit...it could be in 10 trades or 50 trades ,does not matter....

Smart_trade
That makes it 200% profits, so either the capital increases to 1L or profit decreases to 50 K

Happy :)
 

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