Intra Day Trading

Hi all,
This is my first post on traderji.
I have some questions regarding Intra day trading.
Actually i have lost almost 60000 rs in last 3 days while trading in RNRL and USHA MARTIN.
Now i have just left with 35000 rs. but my exposure is 2.10 lacs

How can i use this exposure to regain my lost money within a time span of 1-2 weeks?? Pls suggest me some ways..

What should be the strategy while doin intra day trading??

How can i make wise decisions to make money in this without losing much??

Please dont emotions in that intraday trading

you buy nifty options following method and you get some more confirm earnings

BUY = NIFTY-CALL-(SPOT+300) & NIFTY-PUTT-(SPOT-300)

Wait when the any one above target

SELL = That achived CALL (or) PUT only

and invest reapeat this method and also more enjoy.

but carefully last one week before excersise date (last thursday everymonth)

U want to earn 60k with a capital of 35k in 2 weeks time,that is 10 trading days!! Which is around 171%....Which in turn is around 17.1% per day.....

Dear prashant,don't lose hope.Let dis b d begining of ur road to enlightened trading journey and learning journey.Remember what happened to Elder when he was left wid a few bucks in his bank account....Many others turned from no where to excellence.
But for dat u have to work hard to know d essence of trading.Knowledge is supreme here and everywhere.Go for one month of break from trading and search for d great writings of our revered expert traders,specially Saint.U will learn to get back ur money and earn many many more.But not 17.1% a day,regularly.
Hope dis post will help u to get out of d frustration u r currently in supposedly.U will find Traderji friend netime u need help in future.Don't get depressed.Cheer up.

Find out your reasons for losing (looks like u r short in RNRL) - trade again once u found it. Till then take a holiday from trading - u will find all answers here in traderji - enough enlightened beings here. seek and ye shall find....eventually u shall win.
m

Seems to be master's proposition is making some sense to me. Take a holiday and read few books about investing related stuff. Mind relaxation often gives good thinking. Careful about day trading!

Very few people make money doing day trading, position trading / trend following has higher odds. These two books will help tremendously
- Trade your way to financial freedom - Van tharp
- The Turtles book released this year by Curtis Faith

so risky to trade in intra, but once u come to know movement abt stocks it can b benificial so track some stocks 1st and then try in intra trade

You can read the book "Guide to Intraday Trading" by Ankit Gala & Jitendra Gala

and

"Guide to Technical Analysis & Candlesticks" by Ravi Patel

ankit-gala

he asked question in 2007. but you are answering in 2014 after 7 years.. definetly he will read your answer