first step towards intra day

[pdp]

hi,
I have never done intra day trading before and quiet new to it.
Wud like to know as a beginner how much amt should I invest during initial days for intraday trading.

 

[XRAY27]

hi
have you got any knowledge for intraday trading ... or do you have any logical trading setup...if the answer is yes ......then you can trade... if not first learn and paper trading for a while then enter the market

 

[niftytaurus]

hi,
I have never done intra day trading before and quiet new to it.
Wud like to know as a beginner how much amt should I invest during initial days for intraday trading.

Hi
As u told, u have never done day trading..have u ever done swing or positional trading before?
r u consistently profitable in it? If u r then u can enter into world of day trading..
First do u have some startaegy for intraday? have u backtested it? has it a edge ?is it continously profitable? ..if all answer is yes..then please paper trade this strategy first..if it consistantly profitable for at least 3 monthes..then u can enter into live market with small capital...
Now ur next que is home much amount..?its depends on the what instrument u want to trade...? what is ur risk profile & whats ur target...
I can tell u the min reuuriement for day trading...in cash ..u can start with as small as 1 share also..
In future ...for nifty ..u need approx 12500 fro 1 lot( can change acco to nifty value & broker's margin requirement)...for future of stocks its different for different scrips & brokers..u can ask from ur broker....
in option day trading..u can get any near ATM option 1 lot for nifty as low as 5000-8000 approx..
if any other query ..let me know