I have been trading forex for sometime for the reason that you are not bound by time and can trade at anytime. But, I would also like to trade on Indian stock markets as an intraday trader.
I have some queries regarding the same.
1. Saint's flow and the 2662 method are more of chart based methods. They require you to continue monitoring the charts and move SL and TP accordingly. This requires you to have a charting software like AmiBroker with clean feeds. Or is there a way to trade using those methods by simply looking at the data from NSE or BSE ??
2. What would be the minimum capital required to trade in futures and/or cash market to be trading intraday?
3. Can someone refer me to a good book on future trading on Nifty?? I am slightly confused about the lots / mini lots....types of futures etc
4. Trading intraday, what would be the minimum return on capital should I be looking at to identify myself as an average trader?? 5% , 10%??
5. How good are the "cash/future call" services? They give out , action, SL and TP for stocks and futures. I know they are not a good idea if I want to learn trading but there are times when I am away from my place of work for whole month, so it can be useful in those times.
I have some queries regarding the same.
1. Saint's flow and the 2662 method are more of chart based methods. They require you to continue monitoring the charts and move SL and TP accordingly. This requires you to have a charting software like AmiBroker with clean feeds. Or is there a way to trade using those methods by simply looking at the data from NSE or BSE ??
2. What would be the minimum capital required to trade in futures and/or cash market to be trading intraday?
3. Can someone refer me to a good book on future trading on Nifty?? I am slightly confused about the lots / mini lots....types of futures etc
4. Trading intraday, what would be the minimum return on capital should I be looking at to identify myself as an average trader?? 5% , 10%??
5. How good are the "cash/future call" services? They give out , action, SL and TP for stocks and futures. I know they are not a good idea if I want to learn trading but there are times when I am away from my place of work for whole month, so it can be useful in those times.
