I was about to reply like given below in my another thread....and i saw so many loosers in other threads, with no clue how to play it safe in markets..
For the benefit of them, i have given it here...it is not something astronomical but believe me, even these simple things strikes only when said....And i also think that u guys over-trade to loose.
So try this ....please for ur family's sake, dont loose further
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Its a simple math...try like this...
For eg..if u have a capital of Rs 10000 then u get an exposure of 50k
Take some stock like DLF or Sesa or Yesbank....all in 300 rs range
For 10k cap our aim is to earn 100 per day which is 1%
So for 50k exposure, we can take position for around 150 shares
The above said stocks have a very good volatility of around 3
Any strategy will get u 1.5Rs minimum...so book half at 0.5Re, 25% at 1Re and rest 25% at 1.5Rs.
By taking the same eg...
75nos at 0.5Re = 37.5 profit
38nos at 1.0Re = 38.0
37nos at 1.5Re = 55.5
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Total 131
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And then reduce brokerage, u will get ur Target of 100 which is 1% of cap
So with just 1 trade, u can achieve ur tgt daily....so sit and watch where to take that trade...u will get it one day
Believe me that those above mentioned stocks have a very good range of 5 to 10 rs daily and it should not be a problem to get minimum 1.5Re from that range...
Look at DLF today...it had a range of 20rs
So try my dear friends
For the benefit of them, i have given it here...it is not something astronomical but believe me, even these simple things strikes only when said....And i also think that u guys over-trade to loose.
So try this ....please for ur family's sake, dont loose further
---------------------------------------------------------
Its a simple math...try like this...
For eg..if u have a capital of Rs 10000 then u get an exposure of 50k
Take some stock like DLF or Sesa or Yesbank....all in 300 rs range
For 10k cap our aim is to earn 100 per day which is 1%
So for 50k exposure, we can take position for around 150 shares
The above said stocks have a very good volatility of around 3
Any strategy will get u 1.5Rs minimum...so book half at 0.5Re, 25% at 1Re and rest 25% at 1.5Rs.
By taking the same eg...
75nos at 0.5Re = 37.5 profit
38nos at 1.0Re = 38.0
37nos at 1.5Re = 55.5
--------
Total 131
--------
And then reduce brokerage, u will get ur Target of 100 which is 1% of cap
So with just 1 trade, u can achieve ur tgt daily....so sit and watch where to take that trade...u will get it one day
Believe me that those above mentioned stocks have a very good range of 5 to 10 rs daily and it should not be a problem to get minimum 1.5Re from that range...
Look at DLF today...it had a range of 20rs
So try my dear friends
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