Live Intraday trading today on Nifty: 8th April '21; 10 lakh loss; Shreyas Bandi; Trade Ideas Live

[@NiftyBN]

So first of all , thank you all for the support on today's video and my gratitude to everyone who felt my loss as their own and expressed their support ! Would just like to add here that while I appreciate all of your suggestions and take them with a very positive mindset, I'm also aware that a lot of them are based in hindsight A lot of the talk is around risk reward management, and basically it is addressed in the fact that if 3% profit is what you book all the time and 1.5% the loss, it's best to always stick to those guidelines, and similarly if 6% is youe targeted profit then you need to put 3% on the table else it's not workable and booking profit at 3% will break the rr chain . I do not consider this loss a major failure, nor do I blame anything for it , it is a part of the process and this will definitely not be the last time I make a loss ! One major thing to not look over for me in this situation , is that if I change the style of trading each time something "doesn't work" , I'll be stuck in a loop of "trying to find the perfect system that doesn't lose" which does not exist. Really do appreciate all the love and support from all of you!

[@GopiOraApps]

I 100% agree with you on this. You have a plan and a process that shouldn't be tinkered often. Big thanks for sharing your trades and your observations. It helps a lot.

[@honeyrr]

Sir u have explained well..but sir u hav a very huge capital wit u..why not u trade in swing or short term positional stocks..u wil b in profitable always.. "less stress with gud profit" just my advise..

[@vikasgade2595]

Yes Everyone have his own style of Trading.this is true that None of system work 100 percent right.

[@deepakaryan2216]

Due to your honesty, I have subscribed to your channel and also shared the link to a lot of friends.

[@rahuljp54]

Same here

[@shubhamwalke1]

Same

[@ramneetsahota3057]

Me too

[@codecompany7114]

Not skipping much of ads, not skipping the video, my small contribution to you guys for the outstanding work you guys are putting up for the retailer community. 🙏

[@thebeginnertrader1641]

He already earn way more money from stock market. So I guess KZbin ads won't matter much.

[@codecompany7114]

@@thebeginnertrader1641 I know that, but to understand market one need to trade, he almost gives me the same experience without wanting me to start soon with half knowledge. I try to simulate me trying to trade with 4qty of strangles, and follow his adjustments in mind 😎. For dangerous expiry days, I hope for his positive PNL vid eod, as I start seeing his losses as my losses too but on 4qty. Let us all grow together 🙏🙏

[@vaibhavtomar1570]

I m sure you will bounce back stronger! Really enjoying and grateful to be part of the community on Telegram.

[@1aZoOs]

Hello Shreyas, if you had left your first trade as it is you would have ended with 7.5L of profit. You were narrowing down your strangle, which is extremely risky. With great quantity comes great slippages, only way to avoid them is by giving space to the market. Your work is fantastic by the way.🙏.

[@kaushtabhhazarika6285]

it is easier said than done! Speaking with hindsight is quite easy.

[@1aZoOs]

The expectations of people are abnormal, 2-6 % PnL daily, I personally cannot trade in this style, it is beyond my risk appetite. I feel sebi is doing the right thing by increasing margins to atleast 20% contract value and removing MIS completey. It will ensure retailers survive longer in the markets and learn their craft with time. Manu Bhatia sells double of this i.e.1600 lots but he uses a capital of 24 crore for it. In the best of days he makes 1% per day avg for the week.

[@mayank-p4e]

@@1aZoOs you are giving advice on how to drive from your Maruti to someone who is driving Ferrari.

[@rahuljp54]

You are absolutely wrong mate I sold 14850 puts for just 4 rs (which was really safe at that point of time), then it expanded quite a bit and hit my stop loss With hindsight everything is easy

[@1aZoOs]

@@mayank-p4e I agree, that I drive like a Maruti, because one mistake on this race track will send you back in time or may even end your race. No doubt Shreyas is a fantastic driver, all I want others to do is find out their own driving style. Trade may go wrong or right, but leverage kills. It will happen to intraday traders till we continue to take 40x leveraged bets.

[@Deepakraoa]

CalmnessBaba Ki Jai!, You Rock !! , Just watching you trade with commentary itself is so much educative, There are other youtubers which I watch with 2 X speed, but for your videos, I have to reduce to 0.75 X to understand the reasoning behind those moves and refer back the charts. You will bounce back for sure, it is matter of time.

[@dineshbhingarde5172]

Initial strangle 14800-15000 could have given 25 points... I know at start of day its hard to predict where market will close .. Sorry to see your loss but that is part of game as you always says. One question- Can't we have once side sell at some point of time? Today we could sold CE when market reversed from day high? OI data clearly indicating sell in market around 2 pm.

[@kartyk7415]

Rather than using SL . Using ITM option buying in monthly or next weekly might save you from slippage and unnecessary losses JUST A SUGGESTION, 🙂

[@DaSnipy]

A couple of quick questions ... 1) are the otm ce and pe buys just to reduce margin and not part of strangle adjustment strategy in general? 2) is the future short trade part of the strategy.... thanks so much.

[@ganeshgadi]

Shreyas - Losses on 25th March & 8th April...reason for both expiries is the same I think. Market sudden free fall last minutes. Is there any key take away to enhance and reduce the loss... These kind of scenarios are quite possible. please let us know your lesson learnt. Exiting before 3pm or winding up at least 50% positions or stop loss adjustments or exit the sell quantity and double the buy quantity in SLM from tested side?...Just throwing some thoughts to understand how you could have managed?

[@amalraj6338]

14500 ce bought 2 lot and Nifty April fut sold Can you please tell the trade logic behind this

[@ganeshkumar-ru4sp]

Dear Sir, instead of using whole numbers (like 42) for Stop loss, can we use fractions (like 42.1) and will it have effect on slippages ? (I don't know, just for discussion sake)

[@shomindhanpati2288]

Respect brother. There is lots of learning from your video.. I like ur confidence. Ultimately it million dollars video. ❤

[@pallavgupta246]

Seeing the calm and composure that u have even on losing money...is something out of the world....keep up the good work...

[@nani21n58]

Bro, what happend to that excel you were using earlier to place trades.

[@sivareddy5211]

Why dont you follow stoploss on expiryday brother?

[@HarshitSingh-wy8jc]

Can someone please explain this Near the end of video, we have -24k qty of Nifty sold @21 which is now trading @ 5 or 6 rs. Since we sold at high price and collected premium, how are we still facing a loss as now we can buy back the same 24k qty at lot less.. I have been following the channel for a long time but still not able to fully understand the mechanism

[@nileshchaudhary9360]

He must have made that loss earlier in the day... And then re-entered the same strike later... You will understand it when u trade urself

[@honeyrr]

Sir u have explained well..but sir u hav a very huge capital wit u..why not u trade in swing or short term positional stocks..u wil b in profitable always.. "less stress with gud profit" just my advise..

[@ajayedu9733]

Hello Shreyas today more or less I lost 36,000 as you did.But you have confidence on tomorrow fresh trading.I believe I can see tomorrow 10Lakh profit video.. all the best bro

[@kaushtabhhazarika6285]

you predicted the future!

[@ajayedu9733]

@@kaushtabhhazarika6285 I know his capability bro ..

[@hiren6577]

I feel you should keep some target profit in mind like SL. Also ATM short straddles are very risky on expiry day especially post 2 pm. You had similar kind of loss before 2 weeks & same repeated again.

[@dkwillis8523]

Sir why do you loose so much. What is your risk reward ratio? I have seen most of your trade videos, sometimes you earn a lot and at the same time loose a lot also. How much amount is your loosing goal if you trade is wrong sir? I have seen one of your weekly trade where u made 3L,4L etc but on the expiry day it swept all your profits in an expiry day 14L loss. What is your risk management sir?

[@NiftyBN]

kzbin.info/www/bejne/f2ipZp1oqr-EnKc

[@Rahulbadaya]

Just love your approach towards trading .. be it profit or loss, you always remain same .. you just keep trying to learn everyday and share your learnings with us .. have never seen such an honest and "grounded to earth" trader so far .. huge respect🙏🙏

[@ezy_accounts]

you are doing a wonderful job and hope you recover todays loss in next trades. a small input: firstly, had you kept your original position 14800 PE and 15000 CE, it would have given good profit secondly, keeping the strangle too narrow is quite ambitious and also risky - of course u know it. to me, 100 points gap a day is a safe bet. for example, if we do for next week then 500 points away from each side of 14900 would have good cushion.

[@Mrlearner0511]

Aree yar pls remove black screen. Could not see your trade properly. We are learning from you. I too losses 1.5 lk. Want to learn from you

[@aayushraghuwanshi27]

How much capital do you use bro

[@LazlyAntony]

I didnt understand how it works out to be 4% loss? Isnt it more than 10% loss on the deployed?

[@NiftyBN]

Capital deployed on the day was 2.6cr, higher than my usual position sizing

[@LazlyAntony]

@@NiftyBN Oh.. Thanks for the clarification :-)

[@harshprajapati6877]

Shreyas You should find some professional Algo developer for Zerodha which can help you in creating algos for entering huge position with less slippage. Don't worry you will strike back brother

[@samuraisom636]

Who said algos dont hv slippage? The higher the quantity ,higher the slippage. U just hv to deal with it

[@GhostRider-yn7tb]

But automation will have less slipage than manual

[@ruchirmehta001]

He is already using excel for putting trades

[@jacobisrael6489]

Hi Shreyas, thank you for the video man.. I learn a lot from your videos. I'm sure you know that days like these are part and parcel of a trader's life. I have a question. Could you please tell me why you prefer selling instead of buying option when returns are much higher on the buy side?

[@MegaMytest]

What will u do with so much money that u earn ? 9- 3 pm trading and 3 pm to 9AM strategy preparation u get busy preparing u r strategies n trading ....Trade just two days a week to keep up good health....

[@ramp9251]

Bro Your very Good,you showing your Losses also Thankyou for educating us

[@Seekervikram]

the most important things is your confidence and passence after huge losses salute sr

[@SaregamapavanN]

watching all your expiry videos to learn from your trades and mistakes

[@senthilpandiyan6134]

Shreyas sir really your good .you take loss just like that because its part of business i am learing from you and beginning video start I see your face and words for me teach more confident and trading psychology Thank you sir.

[@snowbergstream1636]

What I like is you were cool with when you saw profits and loss. I need that skill.

[@monkvibes]

U r grat person. U got the best wishesh of too many people. Keep helping. I am sure u will achieve great heights with wishes of all the people

[@sunilyemula]

I am watching your posts and videos, one thing which struck me, is You are so cool. Thinking that what is the purpose that is driving You under this high speed fire fighting and adjustments. Take care brother. I love the way you speak.

[@tradersview5085]

Your language skill is lovable ❤️

[@tradersdiaryy181]

Same here not follow stoploss🙄adat se majbur 😭

[@pavank1710]

Hi Bro, Profit and loss are common. I liked your trading style. i liked your stability of your mind and process you followed which is difficult in general to follow in a live market with that position size. you will rock. I am sure. Thanks for putting together your entire trading day.

[@KundanKumar-vg7il]

What is your risk management strategy? Like I don't risk more than 0.50% of my capital. New Trader here

[@shareemshaikh7004]

So you will be trading to make your broker rich

[@chiranjeevivarma7848]

respect your honesty and calmness

[@vinay6974]

Great learning that you remain cool during the loss. Keep posting videos. Best wishes

[@masksoff3708]

amazing content! keep up the good work!

[@AzimSutaria]

Omg, slippage is really big, you are a really good professional trader with great understanding of the market, Can I suggest, you don't put SL in the system, you can try manually exiting positions if market is going against you,

[@gauravpadiyar3226]

You are like captain cool Bandi

[@NeerajGupta-tq6od]

Good positive attitude, focusing on how to scale up and the process change. The learning is one cannot follow the same process as we scale up. So we have to evolve and improvise with time. It will really help all the people who will get better with time and as they scale up, they can consider this point of slippage and execution. Many thanks Shreyas.

[@PM-fv3mx]

Sir..This expiry bad for me also.. Lost too much!...

[@lakhansinghchouhan8867]

When you have 2 lakh profit shown, then why you overtrade... And got the 7 lakh loss...... Rediculiouz.... Silly...

[@manishsailor8774]

U r showing ur losses also that's called a real trader

[@omkarum7101]

When you are in 3% profit why don't you book that. Thanks for video 🙏 one more learning.

[@pavankalyan2229]

That is the magic behind share market... Omkar Ji

[@NeerajGupta-tq6od]

He follows the process and on some days he made 14 lakh even with much less lots than today. So, he is consistent with his process which makes him a winner in long run.

[@omkarum7101]

@@NeerajGupta-tq6od process should not convert profit to loss

[@NiftyBN]

If 3% is the profit you always book or 1.5% the loss that you book, it's best to follow that process consistently , at the same time if 6-8% is that profit that you book and 3-4% is your risk then its a wrong idea to book a 3% profit, the question is what rr spread are you comfortable with and able to handle rationally without letting it get to your head , I appreciate your concern nevertheless!

[@pavankalyan2229]

@@NiftyBN if you follow same scenario as happened today you will book more losses consistently..

[@mks7846]

Once re think due to huge position sizing ....u should may adjust positions for every 100 points move....may be risk Reward should be also favourable doing that

[@manojmishra9377]

Hats off to your patience bro... I'm sure you will bounce back again like after last week expiry.

[@designhubknr6125]

Please Make Videos On Option Hedging Strategies for us...

[@amazingt.v2524]

Cant resist myself to share ur channel link.. 🌟

[@pintu334]

Hatts of to ur honesty

[@santhoshnalla7394]

Super bro... I loved your commentary... that helps a lot

[@vinay5517]

U fall u stand u run....u fall again u run again ❤

[@anilkutty5314]

Your game normal traders can't handle.. 10 days back u lost 15 lks ...today 10lks.....u recover that's different.....but 25lks in a month retailers can't handle ....don't know what u doing....

[@GopiOraApps]

Dont go by amount, go by percentage.

[@naguh9650]

10L Loss ???

[@ramp9251]

Remember all market didn't goes anywhere tomorrow will start again keep mind it

[@salihandona]

One point of time you have 2.5 lack profit. If you stop the trading that time you goting profitable day

[@HmmRProductions]

its not possible to say if that 2.5l will go to 10l profit or 10l loss

[@kewalshah7272]

Why do you have to trade all 5 days in the week. It is too much of a stress to manage strangles 5 days a week. I would suggest you to take gaps in between bro. You already looked tired in your last session.

[@droopings]

You are a gem Shreyas

[@KNT021]

Also make hindi language video for others👍

[@srikanthsanjeev]

OMG ... I can see the calmness even if you are holding 6L profit

[@sagardoijode3175]

Add loses also in thumbnail

[@MarketsLive]

After trading 800 lots , I think you made loss because you did too many adjustments you should have stuck to initial positions it was good

[@sandeshr9573]

Imagine the broker profit !! We all know this loss is recovered in mins

[@adbackup4744]

Disliking because you had a loss, not for the amazing learning you are providing us

[@Mr.Ghibli777]

Face up KING!!

[@laluprasad8676]

honesty

[@saagarmalhotra2671]

#SEBIBringMarginBack

[@solomonanburaj7737]

He will recover tomorrow

[@MarketsLive]

Want to meet you some day

[@firstinformationtoday]

Me too loss 2.78Lakh

[@raghuveershetty5801]

Too complicate trading ..

[@mayank-p4e]

I feel your loss mine loss

[@tabbapar9068]

WHY DO U JUST DAILY SHOW LIVE..WHY DONT U OFFER COURSE OR TELEGRAM SERVICE...WATCHING ONLY DAILY FOR JUST WHAT?

[@ruchirmehta001]

He is doing better than offering course by showing what he does live in trading. This explain how manage ur position and it’s sizing. Moreover we learn about psychology. I think practical things make u more perfect than theory

[@Huntluck]

Huge loss

[@HmmRProductions]

Hope your doing fine more than 20% capital has been lost in 2 expires

[@codecompany7114]

He should be fine, even after that loss, his returns is 40L for tough March month.

[@adityapatnaik6079]

you loose more money than you make

[@NiftyBN]

kzbin.info/www/bejne/aqKVf4V6fMuLbqs

[@MG-ky4jb]

looks like you are new to market.. you are clueless ...