mCxn00b

@red

people_outline14 followers
date_rangeJoined Mar 2019
reply
mCxn00b replied to Mayur Saxena's  post
mCxn00b @red
Oct 11 4:16 AM

Crude is not falling bcoz US-China talks are around the corner and it looks like resolution may be reached.
But just when we start to believe that, Trump will tweet no resolution and tariffs become 30% from Oct 15 then free fall.
PS: 2nd half is humour😝
reply
mCxn00b replied to Mathanakumaran 's  post
mCxn00b @red
Oct 11 2:15 AM

What sir not much movement at all. It's just playing between 95 to 80🤦
reply
mCxn00b replied to Jyoti Soni's  post
mCxn00b @red
Oct 9 5:39 PM

Crude oil APi inventories rose by 4.1m which would also lead to EIA inventories being high. So ideally crude should go down
reply
mCxn00b replied to Ketan Shanbhag's  post
mCxn00b @red
Oct 9 5:30 PM

Money is time, time is money😜
Have a nice day!
reply
mCxn00b replied to Ketan Shanbhag's  post
mCxn00b @red
Oct 9 5:28 PM

Yes cover orders always work, the only hassle is you need to keep monitoring and exit when Ur price comes manually.
reply
mCxn00b replied to Ketan Shanbhag's  post
mCxn00b @red
Oct 9 5:27 PM

Answer to your main question- Brokers block bracket orders when they suspect a lot of volatility. Can't help it 🤷
reply
mCxn00b replied to Ketan Shanbhag's  post
mCxn00b @red
Oct 9 5:23 PM

Zerodha is good for equities, but not for commodities. The margin they give is very less. Ex: One lead lot MIS is 11k, in other brokers it's 3-4k
reply
mCxn00b replied to Noni's  post
mCxn00b @red
Oct 8 9:40 PM

It is at 179.8 at the moment
reply
mCxn00b replied to Aashish JAIN's  post
mCxn00b @red
Sep 24 6:15 AM

Can we see the actual screenshot from your trading app or anyone who actually did 80 points 🤭
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 2:59 PM

One last thing. If you observe in my example of hedging I have given 50 points for buy and 75 for sell.
Justification- what I believe Crude is already at a high, so I believe it'll go lower. So I would want to exit buy quickly and bank more on sell. So I have given more time to ...
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 2:56 PM

So you have to pick a spot in the day where you know crude will go 15 points either side. I have noticed 6.30 to be such a spot. There can be many such times. That you just have to observe and back test or forward test
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 2:53 PM

If you want to hedge positional lot, then I would suggest do it on two separate contracts. It'll give you more time to hit both targets.
Example: Buy Sep at 4165, target let's assume 4215 (safe enough). At the same price let's say crude Oct is 4175. So sell from 4175 Oct contrac...
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 1:55 AM

Sorry brother I don't do options, so I'm not Ur man for that. Hope the pundits can help you on that.😊
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 1:40 AM

Anytime brother 👍
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 1:39 AM

Blocked meaning margin. For example you have 60k and you wanna do positional and let's assume positional lot price is 48k. So that 48k is blocked giving you a buffer of 12k. If crude goes beyond 120 points opposite to Ur trade then you risk account getting squared off.
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 1:32 AM

1. Fall/Rise of 100 points within 15-30 mins is purely news based and happens rarely. In hedging you have keep targets on both sides.
2. The disadvantage of hedging same contract two lots is 2 lots price is blocked. In hedging 2 separate contracts just a little over 1 lot price i...
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 22 1:13 AM

You can hedge at 6.30 PM daily as there will be volatility. Buy and sell from same spot 2 lots in Sep and Oct contract. 15 points will hit either side.
reply
mCxn00b replied to Nithin Kumar's  post
mCxn00b @red
Sep 21 1:24 AM

It is at 10.30 PM IST every Friday
reply
mCxn00b replied to Only Commodities's  post
mCxn00b @red
Sep 20 5:03 PM

Now which one is active 🤔
reply
mCxn00b replied to Mayur Saxena's  post
mCxn00b @red
Sep 19 8:51 PM

Within half day first target done. Hats off to your analysis 🥳