I have lost a big amount of my money in the last two expiries, i.e Nifty’s expiry and Sensex’s expiry
I just want to know what should’ve been the “RIGHT CLOSING” of last three expires..
If sebi says that the closing which was given by the market was absolutely right then I’ll happily be accepting the losses that I incurred. Because then only I’ll be able to justify myself and the loss.
But just incase, just incase..
What If my positions were totally right and the closing was manipulated and wrong. Then what?
Then who’s gonna pay me the money I lost and the gains that would’ve made in that position.
Things are deep
Very deep and intense
And only some serious people who respect the system and care for retail traders can solve it. The chances are 0.000001% but still i wrote it. Because I believe I was right in at-least 1/3 bets.
Believe me, the gains of that one bet would’ve so big that entire year’s losses would have turned positive.
Above all, I just want justification from the exchange that “Whether the closings were fair or not.” If the exchange confirms it, then I’ll be grateful to them. I’m a retail trader, I have given years to this market, at least I deserve to know that whether the closings were fair or not.
The system can check it easily through the available data. It can be done!
But will the regulators will do it?
I leave the rest on fate.
#sebi #BSE #NSE #StockMarketIndia #expirytrading #CAS #CASsystem #trading #SEBI #optionstrading #optiontrading #niftyexpiry #sensexexpiry #retailtrader #intradaytrading #intraday #indianstockmarket #sharebazar #closingauctionsystem
I made this backtest in @optionbots
Only have the 25 point call spread and no other information so had to add my own:
- 12pm entry time
- .2 delta for short strike
- 30% TP
making adjustments to those would obviously have a big difference in the backtest, would love to know more so can get a more accurate test
@AutusInvestment one doubt sir:After retracement should we wait for 10.15 close as red candle .if so can we take trade immediately or we should wait for 11.15 close candle also sir?
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@Tradingponnu A. Start on a higher time frame like weekly to determine the trend.
B. Then go to the intermediate time frame like daily to determine the count.
C. Use lower time frames like hourly or 15 mins for entering the trade(1-hour or 15-minute) only for precise entry.