Friday, January 21, 2011

Futures Trading In Indian Stock Market : An Introduction

When you want some extra returns on your disposable capital [idle money] then you take advantage of investing in equities market. Suppose you are bullish [expectation of price appreciation in the market price of the stock] on the stock of company “A”, which is currently quoting at Rs 280 per share.You expect that within one month the stock price will touch Rs. 330 per share depending on various factors playing role in the market for this respective stock.

Question:  What do you do to get benefit from this Bullish expectation for a particular Stock ?

Answer:  You buy a particular number of shares of this stock “A” at the current market price i.e Rs. 280.

Result:  The Stock price touches Rs 330 in a month’s time just as you expected thus you made a profit of Rs. 50 per share on an investment of Rs 280 per share i.e. a Return of 18% in one month – This is good profit earned from your trade.

Question: Can this trade get any better?

Answer: Definitely Yes.

Question: This is amazing but how & for that what should you do?

Answer:  Buy Stock Futures of “A” instead buying the stocks in cash. However one thing has to be kept in mind that in Futures there are fixed “LOTS” of shares which could be purchased. These lots differ for different companies according to the current market value and volatility of the stock. In our example of this stock “A” we will perceive that the Futures contract of stock "A" has a single lot of 500 shares.

Effect:  Now comes the benefit of buying Futures contract.On buying the Futures contract, you get the same position in shares of company“A” as would have been in the cash market, but you are required to pay only margin money for the shares you are buying and not the entire amount as otherwise needed in Cash market. For example, if the margin for Stock “A” is 20%, you would have to pay only Rs. 56 per share for that LOT of 500 shares. If “A” goes upto Rs. 330, you will still earn Rs. 50 per share as profit but the best thing is that you will have to commit only Rs. 56*500 shares = Rs. 28000  and not Rs. 280*500 shares which amounts to Rs. 1,40,000 in the cash market for delivery based trade. Now that translates into a fabulous return of 89% in one month on the amount of capital committed.  This feature of Future Trading is called LEVERAGE. This is simply amazing. A clear cut 4x profit return as compared to the same trade in cash market.

This is the advantage of ‘leverage’ which Stock Futures Trading provide. By investing a small margin (ranging from 10 to 25%), you can get into the same positions as you would be able to acquire in the cash market. The returns therefore get accordingly multiplied.


Read Part II

Read Part III

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Required US Government Disclaimer & CTFC Rule 4.41

Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.