If you guys want to day trade profitably read "teach a man how to fish...." by our Guru Mr Sant.
If you need send me your email id as myid@y a h o o .com. Or else the service providers name will not be visible here. I will send you a file on the above topic. Read it 4/5 times till you are thorough.
Then read the thread "Going with intraday mini flow". By the time you finish reading "teach a man...." the rules of the thread would have been finalised and be available to all.
Then you must paper trade for 3 months atleast along with regular traders watching the thread LIVE during market hours. If you can't do this please be happy investing and donot trade.
After this you may put in your own money and rake in profits.
Most importantly you must decide to take this as your business in all seriousness if you are 40+ or 45+ yrs old, devoting full time ans attention. Don't think you are playing a betting game. In day trading, you may be making profits but suddenly in a span of 15 mins every thing will turn into a loss; if you are not attentive you cannot take corrective action and will be ruined. This happens almost everyday.
You must be very patient and devote 5 months in reading and paper trading. This is the most important task.
If you are only in early or mid 20s please do your current job well, save about 20 lacs by the time you are 40 or 45 and then enter here. But please be an investor and rake in profits when market is good.
Happy journey to making profits.
vps