Nifty future trading system
They just watch CNBC or some other channel and makes their own decision to trade. But I have seen that they generally make losses with this approach. Small Investors always think that there are people inside market who can give valuable tips about doing intraday trading. After researching in Internet about these tips, I found that these tips do not serves the purpose. I have subscribed for famous intraday tips for Rs Oh my god for one month, He generally gives one tip in a day. I was trading with major brokerage with 3 in 1 account.
Tips worked for only half time, so what you got is what you loose and some dynamic trading by me made loss. After that I have changed my plan stopped trading for a month and checked what went wrong with me? So I have Immediately shifted to zerodha. Zerodha he charges Rs 20 each order irrespective of size of order.
If you trade for 60 Days and stays in profits, your complete brokerage charged during this 60 days period will be refunded What an offer. And most importantly i have shifted to a wonderful Automatic buy sell signal software based on Amibroker AFL Formaula. Which generates buy and sell signals in live market and its very cheap.
So i have subscribed and started trading. You can see the Image below which shows the Automatic buy sell signa and its features Comment here for more info on Automatic buy sell signal Please note that Automatic buy sell signal is not my site Iam just an user of that site. Now my life has changed, I have made Rs Profit after paying brokerages of Rs only and Rs for Automatic buy sell signal.
Several times I have missed heavy profits because i have squared off early. Now I got confidence and making nice profits. I want to share an excellent Intraday trading strategy for Nifty.
As a general rule, when RSI crosses an upper limit it indicates a Sell signal, while if it crosses lower limit it indicates Buy signal. But in this strategy, we are going to do the opposite i. All the positions would be squared off at the end of day. Read more about this Intraday trading strategy and it's backtest report with AFL code in the below link: System trades only in nifty futures. But from a technical point of view I feel its always easier to monitor one stock than monitoring multiple stocks.
Please share your thoughts. Exactly my point Karunakumari. In fact nothing is straight forward and easy to deal with. I agree with all the single stock complexities you have mentioned. This chapter gives you all the necessary information that you need to know before placing your first futures trade. The chapter also throws light into why brokers and exchanges charge margins. This chapter gives you an overview of how to use a margin calculator.
In addition the chapter also touches upon spread trading such as calendar spreads. The chapter explains all that you need about shorting, be it futures or stocks with practical real life examples. Emphasis is also made on things you need to take care of when you short stocks or futu..
This chapter is a primer on trading Nifty Futures. All that you need to know about Nifty futures is discussed in this chapter including the impact cost, liquidity, and benefits of trading Nifty future.. This chapter is a primer on how future contracts are priced with respect to the spot prices. The chapter also discusses the concept of premium, discount, and the convergence of futures and spot price..
This chapter gives a step by step instruction on how to hedge a portfolio of stocks with the help of a futures instrument. The chapter also has a detailed description on beta and method to calculate t.. This chapter explores in details the concept of open interest and its relevance to futures trading.
The chapter also includes a guide on how to interpret the change in open interest with respect to ch.. Background — Forwards Market An introductory article on Futures.
Introduction to Stock Markets 14 chapters 2.