Day Trading Stocks & Futures

[Tuna]

Yet to catch up fully with SEBI's game - what is peak margin thingy?

Found this
Peak Margin

 

[Smart_trade]

Sir, can you please shed some light on what it means for MIS orders for F&O - will the MIS margin be impacted? I went through the SEBI circular, it read as if it will mainly impact cash trades where broker can't give leverage upfront, but can give if trader deposits the margin firt.

MIS orders are Margin Intraday Square off orders in which larger leverage is given as the orders are for square off at end of the day. Now with SEBI's Peak Margin rules coming in effect from 1st December 2020 the leverage will go down and the intraday volume will drop. But it is going to be done gradually increasing the margin and reducing exposure...read an article posted by Tuna in the post above.

Smart_trade

 

[Tuna]

Anyone here using Kite-Connect with AmiBroker?

 

[niftytaurus]

Sir, can you please shed some light on what it means for MIS orders for F&O - will the MIS margin be impacted? I went through the SEBI circular, it read as if it will mainly impact cash trades where broker can't give leverage upfront, but can give if trader deposits the margin firt.

Hi
In simple terms,
1) it will impact mainly intraday traders.Now , Intraday future traders have to give complete NRML margin .even for intraday.
2) no use of MIS,CO & BO ..AS you have to pay complete Nrml margin From SEP,1 2021.It will gradualy increase from DEC1,2020.
Till FEB 2021, 20X, TILL MAY 21 10X, AUG20217X, From sep 2021, 5x only.
3) intraday cash trader will also have to give that much margin money. from sep2021, they get only 5X margin.
Thanks

 

[niftytaurus]

Hi
In short,
ALL nifty & Bnf intraday traders have to keep 1.5 -1.6 lacs Rs for 1 Lot.
People will move to options but if cash markets liquidity reduces, & in same way future markets liquidity fall, it will impact overall liquidity .So it will impact overall option market also.
We have to see how will it impact market.
As ST Da told that market will adjust itself according to conditions.So we can hope for best.lets see.only coming time will tell .
but yes, Overall Return on capital for intraday traders reduce so much .

Very bad news for exclusive intraday traders like me.
Thanks

 

[travi]

They are calling it the Thanksgiving Day Sale
Bitcoin is currently down 11% ( was 17% ) or so right now but some others have crashed in 20% to 40% range.

Bitcoin price tumbles more than 11% in a Thanksgiving Day correction
3 Reasons Bitcoin Crashed by $3,000 – And Why It’s Still Bullish - CoinDesk

 

[arsh22g]

Hi
In short,
ALL nifty & Bnf intraday traders have to keep 1.5 -1.6 lacs Rs for 1 Lot.
People will move to options but if cash markets liquidity reduces, & in same way future markets liquidity fall, it will impact overall liquidity .So it will impact overall option market also.
We have to see how will it impact market.
As ST Da told that market will adjust itself according to conditions.So we can hope for best.lets see.only coming time will tell .
but yes, Overall Return on capital for intraday traders reduce so much .

Very bad news for exclusive intraday traders like me.
Thanks

There will be a significant impact on liquidity on exchanges. It will lead to an increase in already prevalent "dabba trading". Don't think they have thought this through from all perspectives.

 

[Smart_trade]

Today seems to be a Auto and Midcap stocks day.....

 

[Smart_trade]

Coming Monday is a holiday on account of Guru Nanak Jayanti ...so we are heading for a long weekend....

 

[vikas2131]

Big time rallies happening in midcaps.. index is not showing real pic... Midcap 50/100 both flying 1.7%+