no one going to earn even single rupee day trading

[Rkji]

guys,

those of you who have been paper trading this strategy, pls post your results here. as i am still to learn TA cant help much.

pls contribute to this thread regularly.

thanx
rishi

 

[mark_sas30]

The problem with day trading as per what i have seen,
1)the discipline is not easy to be maintained,
2)one should not be trading every day five times a week, there may 2 or max 3 days one should do day trade
3) the best money on day trading is made on the time of reversal and the next day
4) The best advice who are starting on day trades i would give are look for nifty stocks as that would help a trader to start understanding the markets
5) Try to be Lambi race ka ghoda

 

[abhiwhy]

hi every one
i m really really sorry for so much ignorance and my unavailability on tradetji .
actually i got some serious health problems relating to kidney and am under treatment in vellore , i hope i will be soon well and will be in touch , for u i have got something , check thread system trading is best if traded systematiclly in advance trading strategy section , there is a chance for earning about 500- 1000 points in nifty in maximum 2-2*1/2 months . i will be available after divali i hope .

best of luk to u all and have a prosperious divali .
happy trading
abhi

 

[munde_77]

:thanx:

dear manoj i think u can't ask every thing from me your questions looks simple but they are very much diversified u have asked about indicators , brokers , softwares, data feeders , also u have burnt 2,00,000 in markets and it seems without much study and knowledge , don't take me wrong , but money is earned by very much hard labor and burning it in market without any strong base , fundamental reason or research , could not be justified in any way , i would rather suggest u to go through technicals , fundamentals, study .
firstly prepare a proper base for ur self then try in markets , traderji is indeed on of the best plateform for initiating , u should firstly paper trade after first step , if u can't trade successfully on paper then how would u on terminal .
but as i have to answer ur queries in this thread i would answer ur questions
1) open stock charts. com it could provide u little bit idea about indicators ,
di+ (it is positive directional index it tells about strength of +(ve) trend)
di-(it is negative directional index and tells about strength of -(ve) trend) and
when di+ cuts di- a buy signal is generated , when di- cuts di+ a sell signal.
2) about broker , u may refer broker related threads , indiainfoline , indiabulls (rk global (listen lot but have no't tried yet )) religare etc. could be good .
but remember one thing maximum intraday brokrage should be 0.02% , also don't flow with brokrage, speed does matter lot .
3)for amibroker, metastock, f chart etc see software section on traderji .
4) u could also see data section for rt data . ( i m presently using e signal ,which i would not suggest u as it is very costly , i m a full time professional so its a compulsion for me )
5)after setting out basic concept (at least ) again read this thread from top to bottom from first page to last then u will understand everything automatically .
don't dream to become crorpati overnight ,
always remember one thing u need to become first a lerner for becoming a earner
papre trading first with delayed rt data , as class (see earlier posts ) is doing is a rather good idea .
in ur present state if u even donate 1000 fund to abhi fund , as per my think is concerned , abhi fund will also be donated to traders welfare fund . so don't waste even ur 1000 untill u r in a position to use it correctly ,
give value to money then it will value u .
happy tradding
abhi:thumb:

 

[munde_77]

i am presently using indiainfoline u could get 0.02 % intraday, 0.20% delivery with 12 times(default) exposer (expendable upto 20 times ) , presently a/c opening is free at present time with annual maintainance charge of 250 or around 550 of a/c opening charge and lifetime free a/c , also , it provides good terminal and its order execution is probably fastest in india . it also provides 4 timmes exposer for delivery (remember its quite risky and i always avoid it ).you don't even need to maintain huge deposits in a/c u could only keep 2000 , its enough .

now i m replying to manish also , u r free to use 2.5 , 3, 4,5,6,7,paise or whatever u want but remember ur profit target is very less , lesser the transaction cost higher would be profit , but don't go for very less brokrage charging farms ,like r money , because after opening such a/c u will say ITNE PAISE MAIN ITNA HI MILEGA , as my sister earlier did .
0.02 is a standard brokrage figure neither very costly nor very cheap .and all good service providers are providing services at these rates .


i have 3 a/c 1st opened ,religare 2nd opened indiabulls , 3rd and present indiainfoline .
if u r not finding any rm with such rates mention ur emails i will tell my rm to talk to u and send u forms if u interested, if u could manage urselves then its okey .

happy trading
abhi

My brokerage in indiainfoline is .005%. Please check this site

http://www.traderji.com/brokers-trading-platforms/31549-india-infoline.html#post352859

 

[ranju_balu]

sir,
I am sorry,I don't know whether your calculation is possible or not,....................u r only talking about the winning trades.........any way what u mean by browser based systems ? sir can u help me by giving information about good technical analysis book?

 

[surya_sun]

Get well soon and our prayers and wishes for your speedy recovery. Hope to see you back soon in the forum.

hi every one
i m really really sorry for so much ignorance and my unavailability on tradetji .
actually i got some serious health problems relating to kidney and am under treatment in vellore , i hope i will be soon well and will be in touch , for u i have got something , check thread system trading is best if traded systematiclly in advance trading strategy section , there is a chance for earning about 500- 1000 points in nifty in maximum 2-2*1/2 months . i will be available after divali i hope .

best of luk to u all and have a prosperious divali .
happy trading
abhi

 

[Class]

Hi Abhi,
noticed that you hadn't posted since Sept 3rd.

Hope you get well soon. And hope you have a happy Diwali.

All the best.

 

[kooldude1411]

Get well soon abhi

 

[Rkji]

You will get well very soon & will be among us this diwali.

I wish u a speedy recovery. God Bless You.

Happy Diwali Abhi !!


regards,
rishi