Intraday Trading - Seeks Advice

#1
Hi fellow members,

I wish to know the tools/software that needs to be used for Intraday trading in Indian Stocks. Also, if there are any Do's and Don't that one should strictly follow while doing intraday trading. I am very new to trading and overwhelmed with the sources of information. Is it possible make profits consistenly while using very simple tools (I am layman) or do I need to enrol in some courses to do Intraday trading?

The question may seem very stupid but if anyone can reply with the information, I will very grateful.:)
 
#3
Re: Intraday Trading - Seeks Advice - Do not RUSH - Speedbreaker ahead

If you are a novice, do not jump to Intraday straight ahead.

Do paper trading .... practice for atleast 8 - 12 months before you
put your money in...

Success rate in Intraday is 1 - 3% in normal circumstances.

Safe & Profitable Trading
Hotguy
 
#4
I understand that it is very risky. For paper trading, do I need to use any tools or enrol in any course, so that I can be confident while doing the trading. Or it is only paper trading which will help me to master the intraday trading technique? Your thoughts and suggestions on this are welcome. Anyone, else having any other suggestion, please post your views as well.

Thanks & Regards,
mave :)

PS: 1-3 %: Is it the no. of people who succeeds in Intraday trading?