re: Day trading Nifty & Stock Futures
from zerodha site :-
That said, we also realized there is this small community of traders who are extremely talented and passionate. But, the biggest problem they face are:
Not enough trading capital. A client with Rs 1lk returns 10% in a month which is brilliant, but that is just Rs 10,000, which in today’s world, is not enough to survive trading full time (
more than 90% of our traders have less than Rs 1lk in their account). To earn more, he starts over trading taking bigger risks, and eventually ends up making a loss. Most of the times before blossoming into a great trader, the career ends.
=> 90% traders are undercapitalized