This product is about positional trading in Equity Futures where all the trades recommended would have a holding period of 5-10 days.
This product is suitable for traders who want to stay in the trade for multi-day and capture the larger alpha of the trend than daily speculation. Basically short term traders looking to Ride the Momentum.
Trades would be given from stocks in NSEFO segment. The trades could be either Long or Short. Long trades are where we buy first and sell at higher price, here we believe prices to rise and short trades are where we sell first and then buy at a lower price, here we believe prices to drop.
The Trades would be generated from in-depth Technical and derivative analysis of the price, trend-structure, support-resistances, momentum, open interest activity, Volatility of the underlying and larger trend forecasting techniques.
Risk: Reward is another major criteria which is taken into consideration and we strive to make traders comfortable and at ease by providing low risk high reward trade.
The risk: reward for this product shall be 1:1 for first target and 1:2 for second target. Bifurcating it further: for trades in stock futures minimum target would be atleast 2%. However it would be differently for indices like for Nifty it would be minimum 100points and for Banknifty it would be min 250points.
With respect to number of open trading positions, at any point of time we shall have a maximum of 5 open positions. And therefore the ideal Margin required to participate in this product shall be 12lakh. Traders can take trades in multiple lots based on the their capital size but for reference calculation purpose we shall show Profit and Loss based on one lot of trade.
- What is Swing Pro Future?
Swing Pro Future is the product in which one have to buy the future for the 10 days with respective target and stop loss
- From which universe stock is selected?
We look for the suitable risk-reward criteria, check classical technical analysis, Dow theory and other technical aspects. Stock must be out of Ban period.
- What is the maximum number of open trades?
- What is Risk-Reward criteria?
Risk –Reward is minimum 2% with 1:1 and 1:2 ratio.
- What is Margin Requirement?
Margin requirement for the product is 12 lakh.
- Is it necessary to trade in all recommendation?
Yes to match with our P&L one has to trade in all recommendation
- How Profit and loss will be calculated?
Profit and loss will be calculated on per lot basis.