here ONLY to learn! B.E. MBA, CFA - Exploring if it’s worth to be a FT trader? Twitter= Trading and learning journal. Have been trying directional too lately
@saketh1998@firstockbroking A small clarification on Fintarget:
If few of the legs get executed out of the entire strategy, does the individual leg SLs get activated and are there in the system?
Also, what happens if the strategy itself also has a loss limit SL though it gets only partially executed ?
@adbackup6 Let’s hope it doesn’t come to that. Gift Nifty doesn’t reflect possible Nifty movement, though momentum will be against you.
Hopefully, not as much though.!
Confidence and tax restored. Happy to be back in green… returns isn’t as attractive for FY25 at ~18% but is marked improvement over the last FY.
Hoping for a much better FY26.
Will try to get to my daily ledger here again :-)
What happens when an IPS trainee from the Tripura cadre smashes a whiskey glass on your head in Delhi, for sadistic pleasure?
Here’s the sequence of events:
1.6th December, 10:50 PM: The attack takes place at a wedding venue in Kapashera, Delhi.
2.10:57 PM: A PCR call is made as I’m rushed to the hospital.
#punish_rahulbalharaips
Penalty is back. So stay alert.
Exchange monitors margins at client level for all brokers. This monitoring is done thru the day basis 5 random snapshots taken at various points of time.
At the end of the day, peak margin requirement is compared with the available margin of the client. In case of shortfall in available margin, penalty is levied to the broker for allowing clients to take positions without sufficient margin in place.
While brokers err, many a times it is not the fault of the broker. At times clients also do make errors. A few examples-
a. Client removes hedge and the naked short position requires more margin than available.
b. Limits given basis unclear cheques can lead to a shortfall if cheques bounce.
NSE has now issued a circular allowing brokers to debit these penalties to clients in case the penalties have been levied due to the fault of the client.
So here is requesting everyone to be careful. Always have buffer margins in account. Don’t stretch to the last penny available.
Enclosed the circular for reference👇
@PremSinghvega @Anubhav_Himself@SarangSood I also have been thinking about this !!
It just reverses the thought - if you don’t take small losses, you will take the mother of all losses some day soon…
Seems taking the mother of all losses (though limited with hedges) is better these days, than taking smaller losses
@SarangSood Given the volumes in the two old established indices, I would think it’s very unlikely….
Other indices are new and comparatively less liquid, which adds to such drastic moves
@saurabh_fno @EVERHAPPYSHUBHI@yogeshnanda1 Is it possible that if sell position goes to a huge loss because of spikes, broker squares off those and the buy hedge remains which goes back to the original value later after the spike cools off… ?
I would assume that the difference in hedges strikes x qty is the max loss.