Day Trading Stocks & Futures

[TracerBullet]

This makes sense. 100% all the time is not feasible..

It' an illustration of what's possible.. if the trader can take 1 or -2 trades, it would be great..

You can put lines anywhere and say its possible, does not really mean anything. Now, if you define rules and draw all lines as per rules, not just the successful ones, then maybe you have something more grounded to reality .. Same as trend traders drawing lines only on a trend day after fact.

 

[Nish]

You can put lines anywhere and say its possible, does not really mean anything. Now, if you define rules and draw all lines as per rules, not just the successful ones, then maybe you have something more grounded to reality .. Same as trend traders drawing lines only on a trend day after fact.

Seasoned traders know it all !

 

[timepass]

This makes sense. 100% all the time is not feasible..

It' an illustration of what's possible.. if the trader can take 1 or -2 trades, it would be great..

Ok, but it may be misleading the gullible. As @sumosanammain mentioned earlier, your intraday profits are not added to your trading capital (though intraday losses get debited immediately).

Ok, this is for illustration. Request you to post the BNF/BN charts showing where the trade was immediately visible and practically tradable. Let's discount the first 30 min and, say, the last 15-30 minutes.

Your charts showing the movement of the scrip with the MA envelope is most welcome.

 

[Smart_trade]

ICICI Securities has launched a new brokerage plan called ICICI Direct Neo under which there is zero brokerage for futures trading, Rs 20 per order on options and Rs 20 per order on intraday equity. There is no mention of brokerage on equity bought/sold for delivery. This could be useful for all our futures /options traders.

https://economictimes.indiatimes.co...-zero-brokerage-plan/articleshow/79725797.cms

 

[sridhga]

View attachment 45140

Hope everybody made good money today...

This makes sense. 100% all the time is not feasible..

It' an illustration of what's possible.. if the trader can take 1 or -2 trades, it would be great..

Okay. Let us then pin it down. Your 1st buy is not feasible. Since it is far out of range just before the expiry day and traders are not likely to trade it. So choosing this strike price is not easy then. So leave the 1st buy. But your 1st sell is possible to track under some indicators and , so let us assume you sold at the first sell point that you marked. You need a capital of Rs. 1.6 lacs to short sell it and it fell by 50 points. Even those 50 points are interspersed with lot of sideways moves and one is not likely to hold on to the position just before expiry. The other sells and buys were lost in the noise on the indicators, and you cannot trade noise. So, they are not trade-able. So the actual possible return is like 30 points or say Rs. 750 on an investment of Rs. 1.6 lacs. You need to still remove transaction charges and that is an approximate Rs. 85 to Rs. 100. Now you can figure out the returns percentage wise or as a multiple/decimal of the capital required.

 

[tradermodified]

total bakwaas,

it was first buy and then sell
where did he said to write/sell option first

 

[TracerBullet]

ICICI Securities has launched a new brokerage plan called ICICI Direct Neo under which there is zero brokerage for futures trading, Rs 20 per order on options and Rs 20 per order on intraday equity. There is no mention of brokerage on equity bought/sold for delivery. This could be useful for all our futures /options traders.

https://economictimes.indiatimes.co...-zero-brokerage-plan/articleshow/79725797.cms

Good enough even for stocks intraday once we have 20 limit. Delivery i think is still expensive % based.
Very interested in feedback from existing users for hidden charges etc. They dont have brokerage calculator. Lemondew sent them some questions (leverage/square off time etc), but still awaiting reply. They might even have api although not clear if there is any restriction in its usage.
https://api.icicidirect.com/apiuser/ICICIDirectAPIDOC.htm

 

[vikas2131]

Good enough even for stocks intraday once we have 20 limit. Delivery i think is still expensive % based.
Very interested in feedback from existing users for hidden charges etc. They dont have brokerage calculator. Lemondew sent them some questions (leverage/square off time etc), but still awaiting reply. They might even have api although not clear if there is any restriction in its usage.
https://api.icicidirect.com/apiuser/ICICIDirectAPIDOC.htm

Kya jhol hai isme. Pata karo daya. Kuch to gadbad hain.

 

[TracerBullet]

Kya jhol hai isme. Pata karo daya. Kuch to gadbad hain.

Hopefully not, they have to compete or let market share erode further. They have higher AMC, but that is small fixed cost..
Kotak/sharekhan/bajaj are already here and seems ICICI too. Hopefully hdfc will follow. And zerodha seems to be very profitable, so money is there ..

 

[Mavala]

Lol ..so much serious discussion on funny charts. He probably meant there are many opportunities in entire day and one needs to capture 1-2 swings. He never said that he makes that much money, it’s just how much is possible if one have crystal ball