New Brokerage Acc needed For Intraday Highest leverage possible

#1
I need some advise. I need an intraday brokerage account with highest leverage possible. I plan to use a system which requires a lot of turnover to make any money. I stay in Mumbai. Was planning an ICICI marginplus account but it seems to be not the best platform available. Any other suggestions?
 

NOMINDTR

Well-Known Member
#2
Manish,

I am afraid you are sort of over enthusiastic.

Hold your horses, for a while. Think over. IMO, by lot of turn-over, your broker could make money.

Take Care
 
#3
I agree that the broker will make money. Frankly the broker making money is not as important as me making money. Therefore, I wanted to start small with high leverage and if I run out of this money, so be it. But my risk is limited.
 

NOMINDTR

Well-Known Member
#4
I agree that the broker will make money. Frankly the broker making money is not as important as me making money. Therefore, I wanted to start small with high leverage and if I run out of this money, so be it. But my risk is limited.
I agree with you. Generally scalpers give more brokerage and they need not concerned about that. At times, I too trade like that.

What I wanted convey is, scalping is an skill of reading order flow and requires appropriate reflux. Indecision would break one. Good to hear that you plan and do it well.

Happy Trading