r/Indiantradingbets

I know silver has jumped more than 5% today and you guys are itching to post if you should buy or not.

My advice to you, don't even think about it. And stop polluting the all the subs asking this stupid question.

Silver is highly volatile metal. Only get in if you can handle volatility. IE Tomorrow SilverBees might reach 300, or 200 even.

I have seen pros to get defeated by Silver.

Remember you have been warned before.

I started trading in 2023 for the same reason as most people to have more than one source of income. I was quite bullish on Indian markets. Started with ETFs, then equity stocks (delivery), tried intraday too but didn’t like it much, so I stuck with equities, ETFs and mutual funds.

Everything was going well until one day in 2025, when I unknowingly discovered F&O through Upstox.

Started with a few lots and faced consistent losses initially. Then I made a strategy and boom, after that I started making profits in thousands and lakhs. Loss-making days were there too, but not huge ones. The biggest loss I took was ₹1L+ (God bless, I didn’t put SL that day).

After all the profits and losses across trading days, I was still net positive overall and happy with my performance.

But my family and friends noticed something before I did. I was glued to the screen from 9:45 AM till 3:30 PM every trading day. And after that news and elsewhere related to this.

They always suggested that I should leave options trading, but I never agreed. Then one fine weekend, I scrolled through my lifetime P&L. That’s when it hit me.

I realized I was wasting too much time, energy, patience, and peace of mind for relatively small profits while exposing myself to huge losses. I had become greedy, impatient, and irritated for no reason.

I entered the stock market thinking I would stay patient and mostly focus on delivery and long-term investing. But somewhere along the way, I got stuck in quicksand that was slowly turning me into a maniac. So now, I’ve decided to quit F&O altogether. Already hit the kill switch for all those segments.

Now it’s only long-term equities, ETFs, and mutual funds for me. And honestly, the peace of mind feels unreal. No more scrolling through random news, wars, oil prices, or Gift Nifty updates every day.

Just long-term investing, patience, and slowly building wealth peacefully. Also really glad that I’m ending this F&O chapter overall in green P&L.

TL;DR: Made good money in F&O, but lost peace of mind, patience, and too much time staring at screens. Finally quit F&O, hit the kill switch, and going back to long-term investing only. Best decision ever.

I see lots of people are profitable (Even 10cr in a day) making money in crores. In future down the line, what if large number of people become profitable making the market efficient. If market is going to go up, sellers won't sell call option and buyers won't buy put option making the market efficient. My question is can I consider trading a reliable career and Start investing my money,energy and time into it ?

Your inputs are much approximately.

hi everyone i need option chain data from 2021 - 2024

posted this because i kept seeing nubra mentioned in algo threads and figured someone should write up a real usage review instead of the "tried it for a day, looks promising" takes that keep showing up.

context: been algo trading for 4 years, came from kite connect, run a delta neutral options strategy on nifty weeklies plus a smaller momentum strategy on equity. moved my main trading account to nubra in late january. 13 weeks in. opinions below are mine, not paid for, just sharing because i had a hard time finding actual user reviews when i was evaluating.

what genuinely works

streaming greeks over websocket. this was the headline feature for me and it lives up to it. delta, gamma, theta, vega, IV on every tick, no separate calls, no local black-scholes calc. for my hedging algo this deleted ~250 lines of code and reduced my reaction time meaningfully. as far as i can tell no other indian broker offers this via API.

multi leg execution. one function call (flexi_order), pass in legs as a list, broker handles atomicity. basket level SL and target work as advertised. i used to maintain a separate state machine for each multi leg position to handle partial fills and race conditions. now its just a function call. this alone justified the migration for me.

token based auth. no selenium. no headless chrome. one API call, you get a token, you use it. cron jobs just work. if you've been doing the kite connect login dance for years on a VPS this feels like coming home.

latency under load. i ran the same strategy in parallel on kite and nubra for 4 weeks before fully migrating. on normal days both were fine. on tuesday expiries kite went from ~12ms to 30ms+ at peak with occasional timeouts, nubra went from ~10ms to ~15ms. for a strategy that scalps theta this difference compounds across hundreds of orders.

20 level order book depth. didn't think i'd use it. now i do. for smart limit placement on illiquid strikes this is genuinely useful info that you can't get on kite.

UAT environment. you can flip a flag in your auth and your existing code points to a sandbox with simulated fills against real market data. tested my position sizing edge cases there before going live. caught one bug that would have cost real money.

what's rough

the UI. genuinely the weakest of the major brokers. it works, it's functional, but its 2018-era at best. i don't trade from the app so it doesn't bother me much, but if you're a click trader stay on kite.

community is basically nonexistent. no stackoverflow threads, no big telegram groups, no varsity equivalent. when i hit a weird edge case with order modification last month i had to email support instead of finding the answer in 30 seconds on a forum. they did respond in ~4 hours and the answer was correct, but the kite ecosystem spoils you.

historical data is thinner than zerodha. i pull historical from a separate source for backtesting (truedata) so this doesn't affect me, but if you rely on broker historical for long lookbacks, factor this in.

error messages from the API are less descriptive than kite. "order rejected: margin" is technically correct but kite would tell you "INSUFFICIENT_FUNDS_FOR_OPTIONS_BUY" which is more actionable for automated error handling.

no mutual funds. i kept my SIPs on coin. not a dealbreaker, just operational annoyance.

brokerage worth flagging

options at Rs 5/lot or 0.2% premium whichever is lower (vs Rs 20/lot capped on most brokers). on my volume this is a meaningful difference. API access is free which saves the 2000/month per app i was paying on kite connect.

who i think this is for

if you're a click trader, options seller managing 4 legs manually, or someone who values ecosystem (mutual funds, education, community), stay on zerodha. its still the safest most mature choice and there's a reason most people are on it.

if your relationship with your broker is mostly import broker_sdk, you care about latency under load, you run multi leg or delta sensitive strategies, this is the only indian broker actually built for you.

happy to answer specific questions if anyone is evaluating. been there 3 months ago, took me a while to commit, mostly because there were no real reviews to read.