Day Trading Stocks & Futures

rh6996

Well-Known Member
re: Day trading Nifty & Banknifty Futures

yes bhai, as ST sir told if 2% profit per day we can grow our capital easily. but must be strict to system & sl.
all of like me are failed in this rule.
:annoyed::annoyed::annoyed:
2% Profit per day ! :thumb:
That is like more than trippling your capital in 5 years if profits are ploughed back in !

Yes, discipline is an essential but rare commodity ! :D
 

kiran_thiru

Well-Known Member
re: Day trading Nifty & Banknifty Futures

2% Profit per day ! :thumb:
That is like more than trippling your capital in 5 years if profits are ploughed back in !

Yes, discipline is an essential but rare commodity ! :D
i think your calculation is wrong. details below

your capital--10,000
as per 2% profit you will earn 200/- per day.
trading days in month--25
25*200=5000
total 5 years profit--5*12*5000=3,00,000.

sounds great. but can we achieve this.

i think i really can't

:mad::mad::mad:
 

rkkarnani

Well-Known Member
re: Day trading Nifty & Banknifty Futures

2% Profit per day ! :thumb:
That is like more than trippling your capital in 5 years if profits are ploughed back in !

Yes, discipline is an essential but rare commodity ! :D
Seems you have calculated it for 60 trades at 1 trade per month and not 60 Months ! :p

So , if you triple in 5 years , trading it just one trade per month, calculate the profit if its trades daily for 5 years. :D say around 1000 trades, i.e. 2000% without ploughing back !!
 
re: Day trading Nifty & Banknifty Futures

Small clarification : I have never said that 2% profit per day on trading capital is easily achievable, it can be done on small capital but on large capital 2 % per day is a bit ambitious and stretched.Someone posted his profit on Rs 10,000 and I just did the maths.

There could be some months which can give 40 % or even more but those are rare. On larger capital if one makes 1 % per day or taking 20 trading days, 20 % per month, that is within comfort zone. And 20 % pm is a pretty good return on capital if one can do it consistantly.

Smart_trade
 

kiran_thiru

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Small clarification : I have never said that 2% profit per day on trading capital is easily achievable, it can be done on small capital but on large capital 2 % per day is a bit ambitious and stretched.Someone posted his profit on Rs 10,000 and I just did the maths.

There could be some months which can give 40 % or even more but those are rare. On larger capital if one makes 1 % per day or taking 20 trading days, 20 % per month, that is within comfort zone. And 20 % pm is a pretty good return on capital if one can do it consistantly.

Smart_trade
yes sir, you made a calculation only. you never said that 2% profit is easily made in intraday. but i corrected calculation of rh6996 post.
i am also just fid the maths and said that i can't do that too.
thank you.
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

India Infoline to wind up retail broking unit

India Infoline (IIFL), which owns India's largest retail brokerage network, plans to gradually shut its retail broking division as the public turns away from equities and towards gold and fixed deposits despite stocks trading at three-year highs.
"We will encourage closure of roughly 90% of the total 10 lakh-odd retail accounts for direct equities in the next 12-18 months, and move them to mutual funds, bonds, insurance products," Jain said. "The retail broking business was relatively insignificant in the total business mix as it contributed 6% of our total revenue.
The overall daily cash market average volume of retail investors has fallen to 4,615 crore in 2013 - the lowest in a decade after touching 14,000 crore in 2009. Retail investors' contribution to daily turnover has plunged to 34% in 2013, the lowest, from 89% in 2001.

http://economictimes.indiatimes.com...isory-based-services/articleshow/24719326.cms
 

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