Yes, the NSE derivatives trading is over for me. It was already getting very distressing to positionally trade the market that lately has been needing gaps to move 1 or 2 irregular steps on regular basis (thanks to now-bursting bubble of Modi euphoria). Besides I ran trade simulations on 3 x lot size even before it came into play, and given the market's present ugly moves my system's risk maths wouldn't come up with 'go ahead' light, unless I opt to blindly gamble instead of speculating intelligently. Still I have Dmat account, and I am keeping an eye on 3-4 small/medium caps which are being consolidated and have potential to be multibaggers in coming years. I may buy into them if only this govt stops wasting time on ridiculous issues like beef eating or temples and start thinking of nation's welfare. A tall order, I know, but hope is an eternal addiction you know.
Commodities I love to trade really. And I guess I should not close the account, at least not before I make NG pay my money back that it took a year or so ago on an inventory day. It wiped 1/3rd of my account in minutes, I was novice in commo trading then. Not anymore. I will make it cough up the amount with interest before I say goodbye to it. Revenge trading? Well, it won't be the first time. My whole trading career so far has been based on bending or breaking the known rules of trading. That is my edge.
BTW, crude hit my intended target of 2974 a while ago, and silver is approaching.
Take care friend. Will see you.