diary of a day trader

[4xpipcounter]

5489 is on the radar. 5512 contains, or it is on to challenge the recent peak.

 

[soft_trader]

Bought 1lot Nifty Fut @ 5434.

Target 5500. Will carry it forward to next day if target not achieved today.


One small query:-

How much capital is bare minimum for a full time trader? Any idea friends?

 

[EagleOne]

Alright guys, no ravi today it seems. No sunny. No soo-seal. So what I am doing here? standing in line to get trading tips? Aaah...that would be the day!!!

See you around, guys. Bye

 

[Blitzz]

Maybe you should make that 5460-70...but not a day for shorting, I think. Not so far at least.

Yes dont short or you wont have your shorts

 

[Blitzz]

Alright guys, no ravi today it seems. No sunny. No soo-seal. So what I am doing here? standing in line to get trading tips? Aaah...that would be the day!!!

See you around, guys. Bye

Maaf krna eagle one bhaiya. Hum bhi tip dene lag gye.
I am also leaving. Bye guys

 

[trader15]

Bought 1lot Nifty Fut @ 5434.

Target 5500. Will carry it forward to next day if target not achieved today.


One small query:-

How much capital is bare minimum for a full time trader? Any idea friends?

capital depends on your living style dost: how much you want to earn/weekly/monthly and how much can you earn weekly/monthly

And what markets you trade:

For example: if i can make 50 nifty points/week, for each lot : 2500/lot per week

Now say u want to make 1L/month, assuming you can pick 50 nifty points weekly, you will need investment for 10 lots

Intraday : For 10 lots : Around 1 Lakh

And i would add another 60% capital to carry over next day in case of markets moving adversely: 60k

Net: 1.6L capital (1L for intraday, 60k buffer)

Weekly goal: Net of 50 nifty points (Long or short)

Weekly money: Rs. 25000


You can use same fundas to add/reduce money based on your goals.. But focus on points and not on money to start with.. and you will have money.

Calculate number of trades required : profitable/losing trades based on your trade history for weekly gain

 

[susheel04]

nifty may go down in short time...

 

[EagleOne]

nifty may go down in short time...

abey, ganga kinaare waale chorey! Kya baat hai! Teer fit laga. Don kabhi jhoot nahin bolta, kyon? :lol:

 

[EagleOne]

Arrey, blitzz ko bulaao bhai, BNF ki shorts uttarni hain! :lol:

 

[trader15]

Arrey, blitzz ko bulaao bhai, BNF ki shorts uttarni hain! :lol:

BNF ki to aadhi uttari hui hai... subah see BNF upper aata hai... but uska elastic dheelaa hai aaj... phir neechee aatta hai.... Kheech dalloo short uski...

12 bajee kee baad lekin...