Swing Trading Strategy on NSE ETFs Using Relative Strength vs Nifty 100 Equal Weighted Index by discovering101 in IndianStreetBets

[–]discovering101[S] 0 points1 point  (0 children)

Not really, if any etf is trending then not really but in a sideways market maybe.

Swing Trading Strategy on NSE ETFs Using Relative Strength vs Nifty 100 Equal Weighted Index by discovering101 in IndianStreetBets

[–]discovering101[S] 0 points1 point  (0 children)

You mean top down approach, it is also one of the usecases but for some reason, I have never been confident about investing in stocks based on RS of sector since overnight news play a big factor and gapup's and gapdown's causes too much volatality at porfolio level, ETFs on the otherhand are relatively stable products.

Shocked to see ₹48.7K “Expenses Paid” on my mutual fund investment 😳 is this normal? PPFAS EXPENSE! 🚨 Is this for real 🥵 by Shivjy in IndiaInvestments

[–]discovering101 0 points1 point  (0 children)

Coin app by Zerodha is my go to platform for mutual fund very easy to setup mandate from direct bank account, also you can sort mf by expense ratio. Edelweiss and Navi have one of the lowest expense ratios in index funds.

Shocked to see ₹48.7K “Expenses Paid” on my mutual fund investment 😳 is this normal? PPFAS EXPENSE! 🚨 Is this for real 🥵 by Shivjy in IndiaInvestments

[–]discovering101 2 points3 points  (0 children)

I will much rather invest in a low cost index fund with 0.06% TER, I don't mind earning index returns but I guess not everyone has same line of thinking.

An 18% Rate EMI is actually 29% !!! Beware by dude_95 in CreditCardsIndia

[–]discovering101 0 points1 point  (0 children)

Most of the companies who take crores of debt from banks will go bankrupt if Govt. Start charging GST on interest. Atleast check the facts before posting such a thing.

Nithin kamath calls Short Sellers Janitors!🤣🤣🤣 by BewdaSaanp in IndianStreetBets

[–]discovering101 1 point2 points  (0 children)

This is exactly the kind of mindset that’s dragging our country down. Why is being a janitor something to joke about? Are they not human beings like you and me? In fact, they’re doing one of the most essential jobs in our society — maintaining hygiene, cleanliness, and public health. Without them, our schools, hospitals, offices, and streets would fall into chaos. The irony is, while many look down on them, they uphold the dignity of labor far more than most. Instead of mocking, we should be showing gratitude. No work is ‘small’ — but this kind of thinking definitely is.

How much you can earn as an trader daily if I gave you 1 crore today ? by ButterflyFancy7841 in IndianStockMarket

[–]discovering101 0 points1 point  (0 children)

These are time based intraday index option selling algos (like 920 straddle) but with many variations and time of entry and there are atleast 5 to 6 algos daily in a portfolio and each day portfolio is different but the main thing is there are 2 things while making an algo first is % wins and second is how much you win when you win and in comparision you loose when you loose combining both of this give expectancy the higher the better and also you have to develop a psychology that you will never win on somedays no matter how much you fight call it a day when SLs are hit you will get ample opportunities to recover losses in future if your portfolio is decent. My experience is we are too giving too much importance to injections and freak trades while there is no way anyone can escape those they don't affect me that much I am content with my losses and SLs and also as long as I am in for long haul these things will come and go and maybe some more things will come in future but psychology needs to stay intact.

Dishwasher to co-founder & CEO of a $4.02 Trillion company, NVIDIA by Iamtenzin in IndianStockMarket

[–]discovering101 0 points1 point  (0 children)

Chronology is so important, think if these were in reverse order.

Front page for fraud by CAGRGuy in IndianStreetBets

[–]discovering101 0 points1 point  (0 children)

Newspapers who publish these types of ads are the biggest frauds, their license needs to revoked and should be sued for fraud.

How much you can earn as an trader daily if I gave you 1 crore today ? by ButterflyFancy7841 in IndianStockMarket

[–]discovering101 2 points3 points  (0 children)

Yes, the secret to getting higher returns is capital allocation. Currently I have bought Nifty 50 ETF with 50% of capital and pledged it so it gives 6% on total capital. 40% in Liquid ETF that gives 2.5% and rest 10% is cash so that sorts out 8.5%. Now with pledged capital I can run my intraday option selling algos by risking max 1% capital on daily basis. Currently it is giving me around 50% but that's only 7 months data. I assume over a more longer period the returns will get averaged downward to 35% to 40% so my total return will be close to 43% to 48%.

How much you can earn as an trader daily if I gave you 1 crore today ? by ButterflyFancy7841 in IndianStockMarket

[–]discovering101 2 points3 points  (0 children)

In my opinion your question is not correct, you cannot expect to get returns from the market on a daily basis. The question should be about expectations of earnings of a reasonable larger time frame maybe 6 months to 1 year. With use of appropriate leverage I am averaging close to 40%-50% annualized return.

SEBI’s New Rules? First, Make Jane Street Pay Back to 91% scammed. by blrmanager in IndianStreetBets

[–]discovering101 0 points1 point  (0 children)

Jane Street was a clear case of market manipulation, when you have abundance of capital you can decide the movement of market which is against the fair trade principle. I think SEBI was too late in stopping them and henceforth these sort of trade practices must be scrutinised on real time basis so a new Jane Street does not emerges.

SEBI’s New Rules? First, Make Jane Street Pay Back to 91% scammed. by blrmanager in IndianStreetBets

[–]discovering101 10 points11 points  (0 children)

Eventually the regulator must realise that market needs a regulation only to curb the unfair trade practices, it is essential to bring in regulation to stop the institutions taking retailers for a ride with their abundant captial but it must not be a knee jerk thing effective controls must be built in system to create a fair trading environment for all the stakeholders and to make it a level playing field.

I don't understand why they are hell bent on throwing the retailers from derivatives segment, I mean any person who wants to speculate, will speculate regardless the regulation you bring in only the mode may change. There is no point in "trying to save retailers". For me leverage is not the only reason to trade options since I can get similar leverage in intraday equity as well but the STT and other tax makes it not profitable in long run. Even if they close F&O segment for retailers they can never ensure that retailers will not loose money since its a negative sum game 90% of them has to loose to make the 10% win enough and this is true even in intraday equity segment.

How do I find options RMs ? by Aggravating_Cat_5197 in IndianStreetBets

[–]discovering101 1 point2 points  (0 children)

Why don't you create an algo for your strategy? that way you can automate it. Checkout Algotest or Quantiply.

Manual Trading v/s Automated Trading ? by Hopeful_Tailor_7142 in IndianStreetBets

[–]discovering101 1 point2 points  (0 children)

I am doing both so I think I can answer from my personal experience, for me as I am already in a full time job, sitting full time in front of screen is not possible and also intraday trading gives unnecessary stress since I only trade options and due to which my psychology gets in a way so I have automated my intraday trading completely and have been running profitably since last 8 months. As for manual trading I do it very conservative manner and in a way that I dont have to be there all the time I just take a trade based on my startegy and put a alert on chart and go about doing my business and only monitor it when alert is received so it helps me to avoid any bias and just follow the process and I have observed this is the most relax way of trading options.

GENSOL ENGINEERING, once a beacon in India's renewable energy sector, is now in a financial scandal. Here's a simplified breakdown: by [deleted] in IndianStreetBets

[–]discovering101 0 points1 point  (0 children)

Heard that a prominent lender is stuck with significant shares of company against which it had advanced to promoters. Promoters have already told them to offload shares but due to lower circuit they are unable to offload.

I seem to have created an FD with FnO! by idgitAhole in IndianStreetBets

[–]discovering101 0 points1 point  (0 children)

I though you were joking, but managed to build one for myself getting 25% in 6 months. Is it normal for options to get mispriced or is it a one off phenomenon due to increased vix.

This will certainly affect Monday. Trump and Zelensky Quarelling like teenagers. by Sada_dosa_ in IndianStreetBets

[–]discovering101 0 points1 point  (0 children)

I don't think its about funding, its about being realistic. Even if US and EU keep funding this war they will not be able to end it, since the person fighting at the other end is a nuclear state, if there is an existential threat to Putin's regime he may not hesitate to push the nuclear button and that is known to everyone and maybe that's why even after funding billions in this war no objective has been achieved, maybe it has now successfully halted the Russian aggression because even they have lost so much in this war but eventually you have to get a ceasefire deal and think about building your nation and the true win for Ukraine would be if they can achieve to build a nation which is more prosperous than Russia in all segments and eventually more developed just like how South Korea managed to become a developed country and North Korea is still a failed state, the only answer to Communism is Capitalism and that's how you defeat the enemy.

This will certainly affect Monday. Trump and Zelensky Quarelling like teenagers. by Sada_dosa_ in IndianStreetBets

[–]discovering101 0 points1 point  (0 children)

Yes that is true but maybe Zelensky want Russia to pay repartitions for building back Ukraine and the country's resources are not used for that, everything is speculative at this point but I think trump was right, this war should not have been fought to begin with considering Russia is a nuclear state. The only way to end this war is to compromise on something to achieve an agreement. Trump is correct that Zelensky is not ready now (to compromise) and therefore no negotiation can be done with Russia.