If I am trading a NIFTY 1 lot(close to current NIFTY) generally my investment amount varies anywhere between 3000 to 5000/lot.
I use sharekhan basic a/c and the brokerage for options trading is >= Rs.100 per lot.
That means brokerage+tax = Rs.260 will go out of my pocket no matter what.
10% of 3000 is 300 already close to 260. That leaves me with little options.
I would like to request seniors to explain how they arrive to stop loss in case of options trading? And in general what % of your capital you would be ready risk, while trading options?
And do you use trailing stop-losses while trading options?
I use sharekhan basic a/c and the brokerage for options trading is >= Rs.100 per lot.
That means brokerage+tax = Rs.260 will go out of my pocket no matter what.
10% of 3000 is 300 already close to 260. That leaves me with little options.
I would like to request seniors to explain how they arrive to stop loss in case of options trading? And in general what % of your capital you would be ready risk, while trading options?
And do you use trailing stop-losses while trading options?