General Trading Chat

[Raghuveer]

What will happen when I am squaring off my MIS position at 3:20 pm and auto square off order placed by my broker (zerodha)?Does it will create new position?Does auto square off works everyday in liquid scripts like nifty?Senior members please help.TIA.

-Brokers do not always auto square off MIS positons (due to software errors, network issues etc).
-You might mistakenly square off using NRML in which case you will now have two open positions .

No matter what, you must verify carefully if all positions are closed or not.

 

[lemondew]

Once my BO order was executed. I thought it would be squared off but to my surprise it was open even at 3:25 :lol: after which I squared off. The guy told me sometimes they square off a little late but they always square off and it was zerodha. I didnt know if ever a position has been carried forward next day.

-Brokers do not always auto square off MIS positons (due to software errors, network issues etc).
-You might mistakenly square off using NRML in which case you will now have two open positions .

No matter what, you must verify carefully if all positions are closed or not.

 

[vikas1moon]

NSE New Lot Size

Revised Upwards : 151 Scripts , August 28, 2015 (for November 2015 & later expiries)

Any idea how much margin needed for trading for all please provide that list also...
ty in advance

 

[Dax Devil]

Any idea how much margin needed for trading for all please provide that list also...
ty in advance

You can check it on span and margin calculator in your broker's website.

 

[Dax Devil]

...

New traders learning trading with 1 lot ( 25) will have problems as now from Nov onwards they have to do 75 Nifty trades. This will not only need more margin but profits and losses also will be 3 times more.

Smart_trade

That is one way of looking at things. Another is, new traders may not enter the live market as blindly as they do at present after reading a trading book or two or surfing this or that trading website for a while. They may hone their skills in paper trading more, learning MM and other trading tricks, and then start in cash market instead of jumping straight into volatile derivative markets. Upside of all this would be that there would be less haphazard traffic in market, more trending days, more delibrate entries and exists based on higher TFs coz stakes would be 3 times on loss and profit.

Overall, I think, ideally this move should help weed out cowboy trading from the market. However, if dubba trading is not checked rigourously in parallel, then this SEBI move may turn out to be as 'effective' as ban on porn.

 

[eku]

-Brokers do not always auto square off MIS positons (due to software errors, network issues etc).

Ohh then someday someone will face an auction IF they shorted say 500 units of some scrip in Cash Segment,right? As we cant carry forward the Short Position in Cash Market..

 

[Smart_trade]

That is one way of looking at things. Another is, new traders may not enter the live market as blindly as they do at present after reading a trading book or two or surfing this or that trading website for a while. They may hone their skills in paper trading more, learning MM and other trading tricks, and then start in cash market instead of jumping straight into volatile derivative markets. Upside of all this would be that there would be less haphazard traffic in market, more trending days, more delibrate entries and exists based on higher TFs coz stakes would be 3 times on loss and profit.

Overall, I think, ideally this move should help weed out cowboy trading from the market. However, if dubba trading is not checked rigourously in parallel, then this SEBI move may turn out to be as 'effective' as ban on porn.

I dont think Dabba trading will flourish after the increase in lot size. It is not very easy for retail traders to get into dabba trading. Plus Dabba trading can be very easily stopped if the Govt decides as this trading is to be done through physical outlets and not through on the net virtual outlets like tips giving sites.We hardly see any dabba trading outlets these days.

Smart_trade

 

[eku]

That is one way of looking at things. Another is, new traders may not enter the live market as blindly as they do at present after reading a trading book or two or surfing this or that trading website for a while. They may hone their skills in paper trading more, learning MM and other trading tricks, and then start in cash market instead of jumping straight into volatile derivative markets. Upside of all this would be that there would be less haphazard traffic in market, more trending days, more delibrate entries and exists based on higher TFs coz stakes would be 3 times on loss and profit.

Overall, I think, ideally this move should help weed out cowboy trading from the market. However, if dubba trading is not checked rigourously in parallel, then this SEBI move may turn out to be as 'effective' as ban on porn.

Is it possible in near future that SEBI will ban on Intraday Trading?
or
Quick In and Out(Scalping) will be not allowed?

 

[Smart_trade]

Is it possible in near future that SEBI will ban on Intraday Trading?
or
Quick In and Out(Scalping) will be not allowed?

That is unlikely to happen anytime as the market will loose its liquidity which is the life of any active market.

ST

 

[Somatung]

That is one way of looking at things. Another is, new traders may not enter the live market as blindly as they do at present after reading a trading book or two or surfing this or that trading website for a while. They may hone their skills in paper trading more, learning MM and other trading tricks, and then start in cash market instead of jumping straight into volatile derivative markets. Upside of all this would be that there would be less haphazard traffic in market, more trending days, more delibrate entries and exists based on higher TFs coz stakes would be 3 times on loss and profit.

Overall, I think, ideally this move should help weed out cowboy trading from the market. However, if dubba trading is not checked rigourously in parallel, then this SEBI move may turn out to be as 'effective' as ban on porn.

Mr. DD the big bla bla. But with all super traders knowing every thing in every market at any time we have in the forum, they mostly forget what bull **** they posted in the past and later come again with an other leveled idea to show in the forum how good they are.

http://www.traderji.com/general-tra...68-general-trading-chat-1657.html#post1088140

One of the best laughing numbers at the moment in Traderji. Lovely to get a good laugh at any time :lol::rofl::rofl::rofl: