day trading book

[ckcm98]

:thumb:Hi Friends first hello to all the traders.
After my degree i start to trading in stock market with sharekhan a/c
i start day trading only because margin money and no over night risk
but what happened next is a disaster for me. because everything become wrong.
Then i start learning more then 8 months i just did learning, studying stock market.
after 8 months i start first 2 months only paper trading like back testing my strategy and from today i start trading in nse equity cash segment.

But Friends i want share something with you what i learn in 8 month
1. stoppend watching stock market tv channels because i personally feel it will distracting our strategy.
2. i personally feel target is good between 0.5 to 0.75 percent of stock value
(Because every day not possible to make more then 1 percent move from stocks)
3. Intraday trading is not win by one or two strategy because market react different every time and you need more knowledge to win
4. last is good web based trading terminal
I am starting with 20k money say best of luck for me friends:clapping:

 

[ckcm98]

Today i did 4 trades

rel cap = buy 75 @334.90 sold @ 338.6 = +3.7 per stock

ongc = buy 75 @ 322.25 sold @ 321 = -1.25 per stock

pnb = buy 32 @ 672.9 sold @ 677 = +4.1 per stock

canbank = buy 125 @ 246 sold @ 248.6 = +2.6 per stock

277.5+131.2+325 = 733.7-93.75 = 659.5-bro+tax 150 = 509.5 profit

 

[jahan]

:thumb:Hi Friends first hello to all the traders.
After my degree i start to trading in stock market with sharekhan a/c
i start day trading only because margin money and no over night risk
but what happened next is a disaster for me. because everything become wrong.
Then i start learning more then 8 months i just did learning, studying stock market.
after 8 months i start first 2 months only paper trading like back testing my strategy and from today i start trading in nse equity cash segment.

But Friends i want share something with you what i learn in 8 month
1. stoppend watching stock market tv channels because i personally feel it will distracting our strategy.
2. i personally feel target is good between 0.5 to 0.75 percent of stock value
(Because every day not possible to make more then 1 percent move from stocks)
3. Intraday trading is not win by one or two strategy because market react different every time and you need more knowledge to win
4. last is good web based trading terminal
I am starting with 20k money say best of luck for me friends:clapping:

Hello,

Good understading of markets in 8 months period.....you have a long journey
awaiting infront of u ........i would say all the best instead of good luck...bco'z luck is for gamblers.

one suggestion.....
go for desktop based terminal instead of web based.

and once again all the best.

Regards,

 

[ckcm98]

thank you jahan and sorry i am also using trade tiger desktop terminal it was typing mistak

 

[ckcm98]

coming days i will briefly explain my strategy because i already told you it is not one it combined by many strategies :thumb:

 

[ckcm98]

Bank india 125 @ 211.10

 

[ckcm98]

Can bank 125 @ 249.45

 

[ckcm98]

Rel cap 75 @ 337.30

 

[ckcm98]

Yes bank 75 @ 401.35

 

[ckcm98]

Indus ind bank 50 @ 493