Market must be very volatile to use this tool , you cannot trade if market is slow or flat … That is why it will be automated to take trades in future and am working on it already … also it wont kill me if many use it , infact others will help me to move the price in my direction , so whats wrong in others using it.
Other long term strategy sharing will lose its edge , but not tick by tick scalping…
Fair enough
What is the margin required for such quantities?
Its actually option plus scheme of ICICI direct
U should compulsary place stoploss order
For my quantity margin required is around 87000/-
How do you decide your entry in a trade.
How many times leverage do you get on option selling ?
On expiry day i usually use hourly, 15Min and 5 min chart. Checking Resistance and support Level. But all of it i mostly depends on chart patterns. Accordingly enter and place stoploss on it.
U May get as much as 50times it depends upon where u place stoploss. I place my stoploss for my Trade mentioned above @ 50. So margin required for 1050 qtys were around 87000/-
Could have been big but couldn’t make full of the fall use as a mini short squeeze was created at open. Done for the day in 15min. No more trading as it could be too volatile a session for my account.
Why is your brokerage and taxes 0.0
is there any free brokerage plan in the icici ?
Or maybe the brokerage and taxes will be added later at the contract note ?
Acutally brokerage finally settled after 5PM
Got it
Failed Trade- 8th Trade of month
Bought Nifty 9700PE, but exit early within 15 minutes due to some confusion in analysis.
Profit only 12500/-
Alok industries… How you got it?
I had also placed order many times but didn’t executed.
