Sorry to jump to this conclusion. Since you have traded DJIA futures on NSE, could you please throw light on your decision to trade this instrument. i.e. why you choose to trade DJIA and FTSE100. I would be very keen to learn if your thinking was different than mine.
While you eventually stopped it is a different matter, but why you started is what I am all ears. It can help and add to my thinking on this subject.
Sir, I started because I had a lot of money which had to be employed. So I was buying everything that was going up. I wasn't much into short trades. Since there was a very strong trend in the US markets, it was an obvious choice for me.
Even I had the same kind of thinking as you had. I had a job and couldnt find much time tracking markets.
The question is how good is one at identifying trends. That can be tricky at times as you can give away all profits you have made. If you can identify trends, you can trade any market of your choice. So why trade DJIA?
At the moment the US markets are in a strong uptrend so everything seems rosy. Once they turn choppy it becomes stressful to get in and out of trades specially on nse where liquidity is low. The spreads get far wide, as much as 50-70 rs which eats away your profits. Point is why give away 50 points to lack of liquidity?
If you are not already taking positions, I suggest you take some. You will realize that you will be curious to follow US markets at night when you should be spending time with family or with your own self. If the markets moves against your position in the night, you wont sleep well because you don't have a hedge. There are many psychological factors involved here.
If you have a good case to handle all these issues, then you must try it out. For me, I like to sleep without any tension sir :thumb: