Table of Contents
What is intra day trading and is it worth it?
Intra day trading is the current fad in the stock markets. New traders come in with some cash, some information ( not knowledge) gleaned from online resources, an account with some discount broker and dreams of huge daily profits in their eyes.
How much profit did you make from day trading in July?
1 small loss , 1 normal loss, 3 normal profits. This was the story of 3 days I did day trading in July. The profit in 3 days was little over Rs. 40000. All the trades were done in Future Plus segment in icicidirect where stop loss is entered while placing the initiating order itself.
How many day trades were done in August 2017?
In August 2017, day trades were done only on 3 days towards the end of the month on August 29, 30 and 31. Two contracts were traded. 1 each in Sun Pharma and Tata Motors.
How much profit did you make in ICICI Direct in 3 days?
The profit in 3 days was little over Rs. 40000. All the trades were done in Future Plus segment in icicidirect where stop loss is entered while placing the initiating order itself. Because of that the margin in various trades varied from just Rs. 6000 to Rs. 15000 only.
It is for sure that every day is not a trading day and it is highly possible that losses will occur if trader tries to do every day trading and earn money in share market. So the wise decision is watch the daily market movement and trade only when opportunity exists and this is how trader will get success in day trading in Indian share market.
How to trade intraday stocks with high volume?
To Trade with High Volume Stocks Choose Intraday stocks that have high trading volumes so that both the buyer and the seller will not find any difficulties when they trade off their positions. The volume of the stocks states about the number of times a stock is bought or sold in a certain time period.
It is not possible to earn daily money in share market but YES you can make monthly profit.