Pivot Trading- a new way of Trading

[Subhadip]

hi, sirji, pls provide some solution
thanks


15min

5min
yellow line = sl for corresponding trades.
all trades result in loss.

so have I marked it wrong?

another one.... PNB

15 min

3min, short was my real trade. did not take long(yellow arrow).

1. was the short ok?
2. is the yellow arrow correct for long or should we wait for day high to break?

There are many misconception in your trades. Please read my thread from beginning again

 

[blackberry]

hi, sirji, pls provide some solution
thanks


5min
yellow line = sl for corresponding trades.
all trades result in loss.

1. was the short ok?
2. is the yellow arrow correct for long or should we wait for day high to break?

Please read Suhadip sir thread from beginning as many times you can.You will start understanding.

eg BHEL.
ask yourself question,why I am long,am I right.what Suhadip sir tell about trend reversal.
If trend reverses, Why I am not short at 1st yellow line and stop at 1st purple line.

Short at 3rd purple line disastrous

 

[anilnegi]

Use future chart and trade the option. Then you will enjoy it

u mean to say i should watch nifty future chart and when signal buy/sell trade option??

Is it right pls confirm.

thanks

 

[Subhadip]

u mean to say i should watch nifty future chart and when signal buy/sell trade option??

Is it right pls confirm.

thanks

Yes, see the chart of the underlying future. And trade option accordingly. Purely my view. I am novice of option trading. So do not know much of option.

 

[Blackhole]

Yes, see the chart of the underlying future. And trade option accordingly. Purely my view. I am novice of option trading. So do not know much of option.

u mean to say i should watch nifty future chart and when signal buy/sell trade option??

Is it right pls confirm.

thanks

well(option should not be traded naked) but if u r good with options or good with speed then u can try using atm options or itm option instead of futures...never do with OTM.


disadvantages can be : in case of long(in options) movement will be slow compared to futures.

wrong trade can wipe out entire capital or major % of capital employed in trading.


ADvantages can be :

less breakeven points compared to future

less turnover, less tax (if traded with calculated risk and multiple trades, auditing of accounts might not be needed, that cannot be said with futures as turnover will be high and needs auditing even if in loss and over turnover)



if sold option then changes of wins increases but account gets exposed to wide open unlimited loss.


Some might prefer Spreads over naked options.

hope this helps

 

[amitrandive]

u mean to say i should watch nifty future chart and when signal buy/sell trade option??

Is it right pls confirm.

thanks

Also the spot chart.
There are a lot of premium changes in futures chart.

The underlying is always the spot price.

 

[shekharinvest]

u mean to say i should watch nifty future chart and when signal buy/sell trade option??

Is it right pls confirm.

thanks

To trade options

For Intraday you can use Nifty future charts, NF is the actual price at which the trade are done. They capture the correct price behavior for the short term.

For swing trades I have found Nifty spot charts to be more reliable and it don't have issues when series changes.

 

[mmohanar]

Nice thread

 

[mmohanar]

Dear subhadip,

My failed trade in reliance yesterday.
Can you please address the problem in my trading.

Regards

Mmohanar

 

[anilnegi]

Dear subhadip,

My failed trade in reliance yesterday.
Can you please address the problem in my trading.

Regards

Mmohanar

You shorted reliance after those results