I trust bitcoin more than I trust my bank. Bitcoin and other cryptocurrencies are a form of money that's a stable field that the government can't destroy
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
Index closing is no longer fair. It has become a joke.
Note that I’m a trader who trades daily not just someone who’s posting anything without taking the heat. I’m taking the heat, and that’s why I’m writing this note..
Day before yesterday banknifty closed 500 points higher from lows due to CAS
And opened 600 points down on the following day.
Yesterday Nifty closed 100 points higher due to CAS
Today it has opened more than 150 points lower.
How one can decide whether the price closing is fair or not. Tell me how will the price followers are going to follow the price if we get closings like this…
I don’t know whether it’s manipulation or the error of the new system implemented. But I do know that as a retail trader it is affecting my trading a lot, day trading as well as positional trading.
#stockmarketindia #sharebazar #trader #trading #optionstrading #optiontrading #daytrading #intradaytrading #CAS #CASindia #Retailtrader #Indianstockmarket #Stockmarketsindia #CASsystem #nifty #nifty50 #banknifty #sensex #niftyexpiry