Day Trading Stocks & Futures

Its tricky currenty.. it will be more clear at 12 or 1 PM .. now it will be zigzag.. and premium will be eaten...

Anyone knows why Index opened -1% ... there is no big negative news as such today...
true, but then, i have realised that in my case i usually end up missing opportunities when i wait for a better entry, so whenever I geel it is a buy i buy a small quantity at market and then depending on the market reading i add if it goes down or leave it if i dont feel it is right. has worked out for me.
 

travi

Well-Known Member
Its tricky currenty.. it will be more clear at 12 or 1 PM .. now it will be zigzag.. and premium will be eaten...

Anyone knows why Index opened -1% ... there is no big negative news as such today...
need not be -ve news.

The recent US rally was in anticipation of Fed Meeting. After no rate change, profit booking / heavy selling after that. so not many uptrend triggers left imo unless Trump tweets.
 

Raj232

Well-Known Member
true, but then, i have realised that in my case i usually end up missing opportunities when i wait for a better entry, so whenever I geel it is a buy i buy a small quantity at market and then depending on the market reading i add if it goes down or leave it if i dont feel it is right. has worked out for me.
On any gap down day.. any move is tricky.. The index can move towards yesterdays close.. and most of the strikes with high OI will be zero.

need not be -ve news.
The recent US rally was in anticipation of Fed Meeting. After no rate change, profit booking / heavy selling after that. so not many uptrend triggers left imo unless Trump tweets.
Nowdays, tweets are more important than decisions, etc.

Yeah, there is some event at 12noon. Don't remember what.
12:30 PM Canada - Inflation Rate
12:30 PM USA - Retail Sales
 
Yeah, there is some event at 12noon. Don't remember what.
It's a huge event.... Morning will change to afternoon. Most options will either gain or loose premiums because of this peculiar phenomenon.
Mind you, this phenomena happens only once a day, and we may never get to see it happen twice in a day. Ever.
So yes, it's a huge event.
Ps. Done for the day... So rambling:cool::cool::cool:
 
It's a huge event.... Morning will change to afternoon. Most options will either gain or loose premiums because of this peculiar phenomenon.
Mind you, this phenomena happens only once a day, and we may never get to see it happen twice in a day. Ever.
So yes, it's a huge event.
Ps. Done for the day... So rambling:cool::cool::cool:
And forward this message to 25 people withing the next 30 minutes , and you will see the afternoon will become evening soon, else you will suffer with a night which will be be dark and you will need electricity to light bulbs.
 

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