Re: nac Calling JOBBERS/SCALPERS
I am new year I dont know how to post message so used reply mode. If I start Amibrokera at say 11.15 a.m. on a working day will it catch intraday data lost in last two hours? I am ready to subcribe to paid service.
Sanjay Mehta
Hi Smart_trade,
Thanks a ton for sharing your experience.
Just had a thought and hence would want to know a opinion as i also would like to carry out scalping/jobbing above in Nifty options.
Considering that ATM and ITM tend to move nicely with the trend and can easily give 5 - 6 points in seconds, would you define them as your targets i.e. have a pre fixed target in your mind that when i acheive 6 points i will exit irrespective of the move by keeping a stoploss of 3 rs..(1:2) risk reward ratio. I am also using a broker which results in high brokerage for options and hence tends to create doubts in my mind about the exit.. and as the lot increase so does the brokerage so is there any tendency to tingle with the stoploss in case of trend not being in favour? (Applied for zerodha so hopefully brokerage will be no problem as such for future)
Finally would you prefer cash or options for scalping, just a thought as the moves in ATM or ITM options can be caught easily as compared to cash positions.
I am just a novice trader just trying to understand the nitty grittys of trading and trying to create a simple system
Regards,
Pranay
Thanks a ton for sharing your experience.
Just had a thought and hence would want to know a opinion as i also would like to carry out scalping/jobbing above in Nifty options.
Considering that ATM and ITM tend to move nicely with the trend and can easily give 5 - 6 points in seconds, would you define them as your targets i.e. have a pre fixed target in your mind that when i acheive 6 points i will exit irrespective of the move by keeping a stoploss of 3 rs..(1:2) risk reward ratio. I am also using a broker which results in high brokerage for options and hence tends to create doubts in my mind about the exit.. and as the lot increase so does the brokerage so is there any tendency to tingle with the stoploss in case of trend not being in favour? (Applied for zerodha so hopefully brokerage will be no problem as such for future)
Finally would you prefer cash or options for scalping, just a thought as the moves in ATM or ITM options can be caught easily as compared to cash positions.
I am just a novice trader just trying to understand the nitty grittys of trading and trying to create a simple system
Regards,
Pranay
Sanjay Mehta