General Trading Chat

[Fundootrader]

Cannot resist a juicy breakout.
The reason for this trade , was that I was targeting Spot Nifty yesterday high ,7588.
Nifty 7500 CE Rentered @ 135, exited @ 151.
Now surely SOH till 3:30.

What is number of lots you trade with?

How many point stop loss you keep for intraday options - stop loss/lot ?

 

[amitrandive]

dheere dheere, even the last drop is juiced out :lol:

Sirji

We rarely get days like these , usually Nifty keep moving in a band and our stops are hit.
Better take what the market is giving.

 

[amitrandive]

What is number of lots you trade with?

How many point stop loss you keep for intraday options - stop loss/lot ?

Stop is 10-12 points.
Will leave out the number of lots.

 

[jain.er]

Stop is 10-12 points.
Will leave out the number of lots.

Trades dont tell the number of lots they play with just like girls dont tell their age and weight and men dont tell their bank balance....

 

[Fundootrader]

Stop is 10-12 points.
Will leave out the number of lots.

Stop is per lot basis or on basis of total capital deployed

 

[amitrandive]

Trades dont tell the number of lots they play with just like girls dont tell their age and weight and men dont tell their bank balance....

That is very true.
Also do not want to give a wrong impression to newbies, who then take this as a benchmark of performance.

Of course we traders also have to undergo the grind each day by sitting in front of markets which hardly move and test our patience and capital every moment , every day,every month,every year.

 

[traderniftybank]

Want a short covering rally

 

[amitrandive]

Stop is per lot basis or on basis of total capital deployed

Actually , stop loss I fix on basis of Spot Nifty levels.10-15 per lot ideally.

 

[vikas2131]

Actually , stop loss I fix on basis of Spot Nifty levels.10-15 per lot ideally.

options champion

 

[rahulmalik]

That is very true.
Also do not want to give a wrong impression to newbies, who then take this as a benchmark of performance.

Of course we traders also have to undergo the grind each day by sitting in front of markets which hardly move and test our patience and capital every moment , every day,every month,every year.

very well said :clapping:

but it is actually easy to guess the number of lots you trade with - simply divide the total volume by 2