Day Trading Stocks & Futures

[sanju005ind]

Advances -604 Declines -1140

Breadth is negative. would close my longs now.

 

[siddhant4u]

It's old tell that before election market swings in either direction heavily. As most of political parties and corporate invest in stock market and need "election chanda". It could be just urban myth, need quantitative research.

 

[iwillwin]

Please go back once again.Seems like a nice strategy.

Hahaha...yes... secular bull market is too far away yet....

 

[siddhant4u]

It's old tell that before election market swings in either direction heavily. As most of political parties and corporate invest in stock market and need "election chanda". It could be just urban myth, need quantitative research.

Found one academic research on this topic

here
https://www.sryahwapublications.com/open-journal-of-economics-and-commerce/pdf/v1-i2/1.pdf

"shows decreased volatility over the long term compared to the medium term and short term in pre-Election period and also a decreased volatility over the long term compared to the medium term and the short term in post-Election period in most of the cases. It implies that volatility & its impact always reduces as we look forward to the long term. "

"Particularly there is no any negative return in NIFTY around the pre elections and post elections period. "

"The results show that Election does not have a significant impact on the CNX NIFTY. After using the paired T- Test, we found that the impact of Electionon average returns is not significant whether in pre or post Election period, for short term, medium term & long term. The results of F-Test on the variances of returns reveal that short term and medium term period were more volatile than the long term period "

 

[siddhant4u]

 

[manny.here]

Highest return during VP singh's tenure , I always thought differently

 

[manny.here]

 

[manny.here]

A Rap for Bulls

 

[MaxX]

Another fantastic day for trend traders on the BNF

I wonder how traders doing short strangles/delta neutral trades are managing.. with the calls literally exploding! @SarangSood

 

[onequorauser]

I actually got a 10 point positive slippage for SL Limit sell order ...during all that chaos...
Sell limit was 1320 Got filled at 1330.
Thank god it was not a SL-M otherwise it would have been painful...

Yup.. that is a problem with BO type trades..slippages can be really painful