Bracket orders & cover orders are good way to trade. Soon zerodha will introduce special types of bracket orders too.
If u can afford to take delivery of futures then u can use leverage for futures intraday but keep the ratio same. That is if u can afford 1 lot delivery then dont trade more than 1 lot in intraday.
But the problem is if your position goes in loss, you may end up taking delivery of futures. And it can do more harm aswell if your position doesn’t comes in profit but success rate is high in futures delivery because many times our positions go in loss during intraday but the next following trading day, the same position comes up in good profits. 90% of times u may recover your intraday loss in swing trades & earn good profits
For example, if today I short sell airtel because of negative sentiment, & I m not getting much profit or my position is going in loss.
Rather than booking big loss, keep the position open & you will get a good profit next day because airtel will fall 2- 5% & you will be out of trade in first hour itself.
Are you sure that the trades you shared are your very own!! Because you have been saying many times that u dont have enough money to trade high quantity , let leave alone futures!!
I see u have traded nifty aswell along with stocks futures. But you were a college boy and you had been posting trades like - Very less quantity traded!!
Also u never shared these loss making trades in the past!
Dear @Lets_Invest I want your advice on oceenna biotek. I bought it at average of 48 rs 5 month back for one year. It is 79 now and daily uc 5% but only 400 to 600 volume . nobody talking about this company balance sheet seems good but after so many days of UC I suspects it that this may be bogus script because 100% up in 30 days but no analyst ever talk abut it. What should I do wait or exit as per your view. May be in this fourum anyone know about this company … Guidance and suggestion are most welcome…
Thanks for ur kind words bro… I still have my position and hoping that Bank Nifty will go up. Of it doesnt show strength on Monday, I will exit the position…
Coming Back to Your Question why Nobody is Talking about This Company Balance sheet Because Oceanaa Biotek industries Ltd have Not Much Market Capitalization Let the Comapny Capitalization Increase For sure They will Talk about This
When we Look at Annual Results Company Started Giving Profit from March 2013 And Started Paying DIVIDENDS From March 2016. and Looks Like Again They will pay Dividend.
Thanks a lot dear @Lets_Invest for your analysis… I will hold it till Jan…
But 1 thing for my suspicion is volume. It is in UC okk but volume i mean pending buy order is merely in thousands only and my biggest worry is if it start LC I will not get chance to exit my position.I already burnt my hand in KTL before loose 15 thousand .
@Sushil_Sirari It’s totally your decision.
You are in Profit and if you are feeling your Investment are at not right place.
Book Profit and Invest in some other Stocks there are 1000’s of stocks.
@Neeluru_Anji There are 212 FNO Stocks.
It’s Very difficult to Track all the 212 stock.
For Low Risk:- Trade in Those Stocks whose lot size is smaller.
ACC LIMITED - Lot size 400 (good to trade)
ALLAHABAD BANK - Lot size 10000 (Huge size)
SOUTHBANK - 30000 (huge size)
What you can do is You can shortlist Some stock which you already track.
Add Those Stocks in your Watchlist and keep track on their price Movement, volume, how they behave in Market hours.
What happen when Nifty goes UP Stock follow the Nifty trends?
What happen when Nifty goes DOWN stock follow the Nifty trends?
Stock behavior like At what time of the day volumes are High.
Stock follow Technical Analysis or not.
Is the stock is favorite for Swing Traders Who buy at closing Time of Market or Traders Sell at closing Time of Market.
You can grab this opportunity to Capture Rs.2-3 Rupees Movement very easily.
All you need is skills and Right Timing.
It takes Time to understand the stock behaviour this will only come by Practice.
It’s not Like after this your Trades will be 100℅ successful but Yes, You will have confidence in your Decision related to that stock.
Have tracked few stocks but these are always blocked in F&O every month. (E.g… DHFL, RCOM , GMR). Am not sure about all. Started focus on JD & Maruti.Will see.