@kirubaakaran@kirubaakaran dhan api has data for rolling atm strikes, but not fixed ones - so useful for checking rolling straddle premiums at a given date and time but not great for backtest purposes.
Traders don't need to panic reading such articles.
Moving F&O from 'business income' to 'speculative income' will not automatically imply a 30% straight tax rate. Intraday equity trading already falls under 'speculative income,' and its income is taxed according to tax brackets.
The key difference of changing heads is that speculative losses cannot be offset against other business income. Additionally, speculative losses can only be carried forward for 4 years, unlike the 8-year carryforward period for business income.
The government would need to introduce a separate section and explicitly specify if they intend for F&O income to be taxed at a straight 30%, similar to lottery or crypto income.
@Padma1503 I'm curious to understand how your MTM chart is not affected by premium spikes. There were noticeable premium spikes in BankNifty from the opening until 9:30, followed by spikes at 9:50 and 10:40. Did you trade 100% Nifty?
@IndNewbieTrader You goofed up the conditions. Not all signals, only the first. Entry on low break, not close. Low>5ema not close>5ema. Target 1:3 to 1:6. Max Sl 50. Can you share with these conditions, and also for long signals.
PSYCHOLOGICAL EFFECTS OF POSTING MTM SCREENSHOTS
We all see traders posting their profits regularly on twitter. This post is not about how geniune they are or not. Let's not get into it. It's about how posting regular profits affects the psychology of the trader posting it.
1/