CAS needs to be rolled back

[Joe_Maxpayne]

@Chirag1

you can see how CAS is their new age scam. Earlier, with VWAP, you need real orders to swing nifty spot from 400 to 485 indicative which i can see.

now they are doing without real trades, just juggling orders and the CE/PE volatility is the same as vwap era.

the only true way is for vwap closing at 3.15PM for 0dte. ( maybe starting at 2:45PM )

True
main problem on expiry day is only expiring contracts are reacting to cas price.
my calender spread booked 25% less profit compared to 3:15 because of 20 point cas jump, if its 100+ jump like last week i would have closed in negative.

[Akash_Shah]

@Trader_123

If you don’t trade fno , then with all due respect none of this applies to you and you have no skin in the game .

Wow, seems like only traders have monopoly over markets now
@Trader_123 market sabka hai, not only for F&O traders

One of the rationale for introducing CAS was this:

So even if I do not trade F&O, I still have skin in game as an investor in Passive funds
Anyways, system is getting stabilized and in couple of days everyone will forget about CAS (and start protesting against something else)

[Jason_Castelino]

@Akash_Shah

start protesting against something else

[Private]

25000
80000
60000

Market is not crossing these numbers. I am bored.

[Trader_123]

But the issues are primarily for derivate prices, how it is impacting passive investors . Also why do you think it is superior to the existing system ?

Seems NSE/SEBI is also investigating who had moved the market in previous Nifty expiry . Seems funny that a process which was introduced to stop people from gaming ended being played on the first day .

[Akash_Shah]

@Trader_123

But the issues are primarily for derivate prices, how it is impacting passive investors .

So now I do have some skin in game but not as much as you
And I need to explain how I am impacted?

Anyways, read my original comment. All I was saying was have patience and let system stabilize before judging whether it is working or not.

[Private]

SENSEX 77800 CE from 52 to 280. CAS in 15 mins

[captainaak]

What does a right opening candle actually mean? Can you help me understand it?

[Satyam_Sagar]

yeah… if the first 1-minute candle(very important for intraday trading )is wrong, it can cause several issues: the midpoint will be wrong because the high and low are incorrect, breakouts or breakdowns may appear to have happened when they actually haven’t, or vice versa. Also, when the open and close are very close, even the color of the first candle can be different. Sometimes, it may appear that a key level hasn’t broken yet, when in reality, it already has.

[captainaak]

If your trade is prone to such small, nano-level noise, then your trade is not really a trade—it’s astrology. You are basically using astrology to trade.

But if it works for you, then who am I to question it.

[Satyam_Sagar]

been thinking bout creating a thread of a 20day trading challenge with just one lot. Will probably do it soon. thnx!

[Rathi]

How much patience will this take?
Also would like to know, do you trade in Options?
If yes, have you ever tried selling options on expiry day after 3PM, have u ever seen how much premium changes after 3:15PM on expiry day?
Have u ever traded by reading charts?

[VijayNair]

@Rathi
No patience, only attack! Let’s goooo

[Private]

I have seen premium change in VWAP and CAS.

I like CAS but index momentum is gone in normal trading hours. Let see after one month.

HDFCBANK has largest weightage and it is falling. One of the reason index are not recovering.