Comment on Opentrade - learn following star traders

Ravi commented on 12 Jan 2016, 09:24 PM

Great initiative – However when it comes to F&O hardly anyone who is successful trades naked positions, so with hedging knowing quantities involved is supremely important. One way of hiding actual quantity but still giving the followers the complete picture is to show multiples. So if a star has the following trade setup

FEB NIFTY 7500 PE – BUY – 15000
FEB NIFTY FUTURES – BUY – 7500
FEB NIFTY 7900 CE – SELL – 7500

This can be shown as

FEB NIFTY 7500 PE – BUY – 2X
FEB NIFTY FUTURES – BUY – 1X
FEB NIFTY 7900 CE – SELL – 1X

This will give the follower an idea of the trade setup without revealing actual quantity.

In my opinion a trade setup isn’t complete without revealing the quantities.

Cheers,
Ravi.

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