Hiya Everybody,
One of many questions that I usually ask my buying and selling good friend is, “What needs to be the intraday SL for nifty 50 choices (promoting and shopping for)? And I get completely different solutions to it.
I do know that for a number of folks, it would range primarily based on system, ratio, and setup, however on common, what needs to be the SL factors?
It will be nice to see folks’s viewpoint with reference to intraday SL.
Thanks
There’s actually no reply to this. Nifty choice may be ATM, ITM or OTM. It may be per week to expiry or the expiry day itself. It may be a directional commerce or each aspect choices might need been offered. So principally it may well actually be something below the solar and there’s no fastened method to get excellent sl.
All sls will hit sooner or later. Broad sls have the next win price(in choice promoting) however worse danger reward. Smaller sls are the other. So backtest some methods and work out what works for you.
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Karthik rangappa mentioned that sl will change from inventory to inventory primarily based on volatility so use customary deviation to place cease loss. Learn zerodha varsity.
It’s not fastened, primarily based in your setup it’s important to resolve. it can range in keeping with market volatility. each commerce has its personal cease loss
Hey @emrys11,
I perceive that there is no such thing as a method for the right SL, however what’s your opinion on the ATM and ITM strike costs from a directional perspective on system focusing on 30–40 factors?
nifty_trader1:
sl will change from inventory to inventory
Hey @nifty_trader1,
Buying and selling on shares and putting SL can work nicely with the methods; many, and even I, like to position SL on the final swing; some even use SD, as you talked about.
However what you view as nifty choices (promoting and shopping for) solely on ITM and ATM strikes.
vighnesh:
it can range in keeping with market volatility. each commerce has its personal cease loss
Hey @vighnesh,
Are you able to clarify it additional, perhaps with some examples?