re: Day trading Nifty & Banknifty Futures
Read 2 good books on weekend. They are as under :
1) Matrix-mini-book by Dr Van K Tharp
2) Supertrader by Dr Van K Tharp
Both excellent books. Clearly bringing out what the winning traders have in them and how new traders can work to progress on that path.
The first book is a small book but gives great concepts like Reward to Risk ratio, position sizing, expectancy of a trading system etc which are mostly neglected in search of Holy Grail trading methods.
People can google search and get the pdf files from the net.
Smart_trade
Read 2 good books on weekend. They are as under :
1) Matrix-mini-book by Dr Van K Tharp
2) Supertrader by Dr Van K Tharp
Both excellent books. Clearly bringing out what the winning traders have in them and how new traders can work to progress on that path.
The first book is a small book but gives great concepts like Reward to Risk ratio, position sizing, expectancy of a trading system etc which are mostly neglected in search of Holy Grail trading methods.
People can google search and get the pdf files from the net.
Smart_trade