Futures Trading for Beginners

[San Yad]

Guys and Alchemist!

After reading some basics on http://www.investopedia.com/university/futures/

Could we start step by step trading in futures.

Lets starts with Suzlon energy futures
This is absolutely paper trading example.

First :

What is the scrip code on NSE for suzlon future to look for?

How should we buy using trading platform e.g reliance money and sharekhan

and which expiry date we should consider and when we should buy?

[vasa1]

Some more basics are here

[InvestorB]

thanks guys for the info.
Im thinking of entering into derivatives trading. Please provide any helpful tips and tricks to avoid any pitfalls.
some Q's I have-
What is strike price? how is it determined?

[InvestorB]

Originally Posted by InverstorB

What is strike price? how is it determined?

okay, I just saw in the order form that I select the strike price. So the Q is now, how do I decide what my strike price should be? .

Also, I see GFD and IOC orders. what is the use of an IOC order? how long will it be valid??

[jatanr]

I think you are trying to play with fire. You should read up a bit before getting into derivatives. Try www.investopedia.com for starters.

PS: I don't do derivatives trading.

[Manu4U]

Hi All,

Can we put some focus on futures/options calls on a daily basis.

We can provide our assumptions on the basis of analysis.

Kindly put your efforts in order we all can get benefit.