best broker for intraday trading

[jaimy]

Dear Sir'
Do You Mean 0.15 for Delivery and 0.015 for Intraday Cash Transaction?
My Broker is Charging me Rs 0.30 and Rs 0.03 and says it is the lowest Brokerage!!!
Please reply
Manoj

decimal is confusing

will u please describe the brokege ,

if i buy 500 shares of 100rs and sell 500 shares @ 100
what will be the brokerage

ie brokerage for total trade is
500x100+
500x100=100000

 

[priyanvada]

will please tell me where do I get this stochastics chart for day trading ..

... is it available online?

... is it included in trade tiger software?

... What is the good method to day trade using stochastics chart?

... I have started day trading 5 days before and till today I have lost Rs. 2500 ...

So please help me so that at least I don't make lossess....

thanks

 

[lazytrader]

trading takes a long time to learn. you will make a lot of losses if you don't trade according to some plan. I would suggest you stop trading and first learn something called "money management"

will also suggest reading "teach a man to fish" thread by Saint.

 

[priyanvada]

I would suggest you stop trading

... This is the only thing I can't do untill I totally run out of cash...Anyway Thanks for your kind advice ...

priyanvada

 

[lazytrader]

I didn't mean quit altogether. Stop till you get the basics right.

If you can't totally stop trading then make sure you have this right - lets say your trading capital is 1,00,000 then on one trade don't risk more than Rs.1000. How you do this is - first when you are looking to enter a stock get the entry price and stop loss calculated. For eg. lets say you will enter a stock at a price of Rs.50 and your stop loss is Rs.48 (you need to have this before buying) then the number of shares you buy is 50-48=Rs.2 now divide Rs.1000 (risk amount) by 2 = 500 shares.

But keep in mind what ever happens sell if the price hits Rs.48. That will ensure that you will have enough money left to trad another day. It falls under a topic called money management.

 

[vishyvishy]

wow!

this really a wonderful ...

 

[vishyvishy]

by the way your bottomline is fantastic ...

There are 10 types of people, ones who can read binary and the ones who can't

 

[lazytrader]

wow!

this really a wonderful lesson you taught me ...

... earlier I used give stop loss for every trade but I was just saying Jai Bajarangabali and I was giving my full exposure thinking I am giving all that have to make maximum possible profit ....

...It seems now I was very much wrong in this approach ...

really thanks for your kind guidance!
regards,
priyanvada

Are you using 2 accounts?
Well I used to do the same without any Stop Loss!
It takes time but you will learn if you are willing to take the trouble.

Read "Teach a man to fish" thread..

 

[fx1618]

hello everyone!


which broker from this list provide METATRADER platform?

share khan
india bulls
angel broking
india infoline
reliance money
religare
geojit
just trade
ventura
r k global

???

 

[lazytrader]

I don't think any of these provide meta trader. It is only used for forex i guess.