Intra Day Trading

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  #1  
Old 7th November 2007, 04:46 PM
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prashant.patil12 is on a distinguished road
Question 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??

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  #2  
Old 7th November 2007, 06:51 PM
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lathasunesan is on a distinguished road
Smile Re: Intra Day Trading

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)

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  #3  
Old 7th November 2007, 06:51 PM
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hari09omkar will become famous soon enough
Default Re: Intra Day Trading

Quote:
Originally Posted by prashant.patil12 View Post
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...How can i use this exposure to regain my lost money within a time span of 1-2 weeks??
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.....

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  #4  
Old 7th November 2007, 07:07 PM
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hari09omkar will become famous soon enough
Default Re: Intra Day Trading

Quote:
Originally Posted by prashant.patil12 View Post
Pls suggest me some ways..
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.

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  #5  
Old 7th November 2007, 08:59 PM
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masterjee is on a distinguished road
Default Re: Intra Day Trading

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

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  #6  
Old 26th November 2007, 08:54 AM
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gvgs98 is on a distinguished road
Default Re: Intra Day Trading

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!

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  #7  
Old 1st December 2007, 04:14 AM
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deepsa52 is on a distinguished road
Default Re: Intra 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

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  #8  
Old 3rd December 2007, 10:12 PM
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y2j826 is on a distinguished road
Default Re: Intra Day Trading

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

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