Day Trading Stocks & Futures

[sanju005ind]

Look at Tatsteel since morning

 

[Prataap_2013]

So tomorrow elections and in the night exit-poll results. We will react to that on Monday and then Tuesday actual counting will create volatility

 

[jagankris]

It's ok ok day.
Even after so much trades i will get around 1.5k after charges.. not bad.

40% gone as charges still you are happy and income tax on the remaining too.
God save Traders.

 

[nitingosavi]

hcltech expecting upmove

 

[cinderblock]

So tomorrow elections and in the night exit-poll results. We will react to that on Monday and then Tuesday actual counting will create volatility

Exit polls will be similar to Opinion polls. So that is already known. Congress/BJP close JDU will decide - probably with BJP

Actual results may be different which will only be known Tuesday,

 

[nil.nik.9777]

It's ok ok day.
Even after so much trades i will get around 1.5k after charges.. not bad.

40% gone as charges still you are happy and income tax on the remaining too.
God save Traders.

From longer term perspective, As long as you are defending capital, any amount you make on top of that is a win.
And yes you can not avoid taxes though it's pain.

 

[sanju005ind]

From longer term perspective, As long as you are defending capital, any amount you make on top of that is a win.
And yes you can not avoid taxes though it's pain.

My 2 cents.Over the long term try to reduce the number of trades and increase the size of the winners.

 

[Prataap_2013]

BNF discount to BN has come down sharply

 

[TraderGYO]

was it in options ? how come a loss ?

No I trade only futures. Trading is a game of probability, all I have to do is to keep the size appropriate and profits will come.

 

[optionswriter]

I am not negeting you or anything here but 10700PE may not necessarily be options which are written. There is a sound possibility that these may actually be bought by heavyweights as a hedge as is usually the case with political events

Agreed - We cannot decipher what it is - I refer to shift in trading band. Hedgers hedge using a band range - and before up move or down move - the band range changes dependening on up or down move. Right now the base shifted from 10500 to 10700 at lower side and was seen shifting to 11100 -