Hi friends, I have been trading since last few months but unfortunately so far no luck. I wish to earn only 10K per month (excluding internet and other charges) doing intraday trading putting one lac in my trading account. I wish your kind advise 'How to go ahead'
you can earn 10k with 1 lac per month easily.
First start with longer time frame, intraday trading is not for newbies and it will absolutely ruin your account esp. if your trading experience is less than 3 yrs and any one above 3 yrs experience in market mostly skip intraday and go for positional trading (except very very few scalpers). Also don't go for options at start, it's a trap for greedy+lazy+dumb newbies. Do paper trading but being good at paper trading won't guarantee you anything but being bad at paper trading guarantees your failure in live market.
Don't hurry to make money, your goal for first two years is gather knowledge and lose as little as possible. Don't build dream castles with spreadsheet and it won't work, trading is the hardest way to earn the easy money. Toughest part after technical know-hows is *you*, yes
you are the single most enemy who will block your way to riches, so be prepared for this surprise and find a way to handle *you*.
I wish you only slightly above average luck
A good trader can convert that small edge into money, if he can't do that no amount of luck can help him!