Newsletter date: 09-August-2018
According to news sources NSE has applied for extending equity derivatives trading hours till midnight from 1 Oct 2018.
If you do not know this news let me take back to a news sometime back in May, 2018. SEBI proposed a committee to look into extension of trading hours and finally in May 18 it gave a nod. You can read the news here:
And now in Aug, 18 NSE has applied for extension of timings of derivatives trading hours till midnight from 1 Oct 2018.
Trading Timing of NSE from 01-Oct-18:
Normal Cash Segment (Equity) : 9.15 am to 3.30 pm
Derivative (Futures & Options) 9.15 am to 3.30 pm – break – 5.00 pm to 11.55 pm.
This is good news for wining traders but very bad news for losing traders.
It is a high probability that if Nifty has applied then SEBI will approve it. BSE will obviously follow suit.
From 1-Oct-18 surviving without hedging will become impossible.
Lets assume a trader takes a trade in fist session (9-3) and loses money. He/She will obviously go for revenge trading in the second session (5-12), and lose more. Next day the story will continue.
And if you win you might try another shot in the second session – and will end up losing what you won that day. 🙁
Life is going to be difficult for traders who cannot control their emotions to trade, who do not trade with hedge, who trade without a plan, who trade on tips & who trade on speculation.
If you are reading this before 01-Oct-18 you will see this coming true after 01-Oct-18. And if you are reading this after 01-Oct-18, you will agree.
That’s the reason we should trade equity or commodity derivatives (futures and options) without any bias or direction and we should trade with hedge for protection.
My nifty course teaches proper hedging methods of monthly income with peace of mind. Its better to hedge and trade and be happy with a small but significant monthly income. With hedging there will not be any home runs, but your profits will start accumulating slowly to become big at a later date.
You Can Read More On My Site
WhatsApp or Call me: 91-9051143004
If you have any question you can contact me.
You can read about me here and my trading mistakes here.
Dilip Shaw, Founder
Copyright Infringement: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. In other words I am a sub-broker. I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other forms of social media. I strictly adhere to laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles in this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given in this website. I am not responsible for any investment decision you take after reading any article in this website. Click here to read the disclaimer in full.