Hi all
Iam just wondering whether earning in Day trading has become so very simple and easy
Consider this....
With an investment of Rs 1lac, with a broker like Zerodha, we can take positions of around 10 Lots in Nifty
Even if we manage to get 7 pts positively on a daily basis, we set to earn around Rs 2500/- per day (excl brokerages, as i read in Zerodha thread, they charge around 2 pts per lot as total charges incl brokerage, taxes etc)
I mean just trade one trade for 7 points positively, we can earn 2500x20 which is equal to Rs 50000/- per month :clap:, which is 50% of our investment.
Am i talking sane here?
Are these do-able?
Is anyone doing like this?
Is anyone tried doing like this and failed miserably?
Just 7 pts, think shud be achievable in any market, even in dumb non-moving market may give that 7 pts.
Anyone who has experience in this may share their thots here
Sadistic, sarcastic comments are also Welcome :lol:
But please dont post something like, "you do it in minifty and post the results here after 1 month" types
Iam just wondering whether earning in Day trading has become so very simple and easy
Consider this....
With an investment of Rs 1lac, with a broker like Zerodha, we can take positions of around 10 Lots in Nifty
Even if we manage to get 7 pts positively on a daily basis, we set to earn around Rs 2500/- per day (excl brokerages, as i read in Zerodha thread, they charge around 2 pts per lot as total charges incl brokerage, taxes etc)
I mean just trade one trade for 7 points positively, we can earn 2500x20 which is equal to Rs 50000/- per month :clap:, which is 50% of our investment.
Am i talking sane here?
Are these do-able?
Is anyone doing like this?
Is anyone tried doing like this and failed miserably?
Just 7 pts, think shud be achievable in any market, even in dumb non-moving market may give that 7 pts.
Anyone who has experience in this may share their thots here
Sadistic, sarcastic comments are also Welcome :lol:
But please dont post something like, "you do it in minifty and post the results here after 1 month" types