I recently started trading(again) with 70k and with 1 paisa brokerage .....
what will be the profit/loss in a day i need to target ?
Last week , i consistently received profits as below ...
day1 9 July : 63.08
day2 10 July : 269.43
day3 11 July : 571.37
day4 12 July : 717.08
day5 15 July : 623.90
All the above are profits after deducting brokerage and multiple taxes which i never understood. I have to agree/accept that i got the above profits only due to luck ...
i use averaging down strategy ... and one day when the market goes against my trades , i may be ending up with losses with will be beyond the combined profits of all the above .
Suggest me the amount of profit / loss i need to stick for a day ...
Note :
my exposure is 1:6
I deal with only NSE/BSE cash segments and strictly intraday (i prefer sleeping with a hope that i dont lose anything while in sleep).
PS : i declared myself a trading "off day" today ......
what will be the profit/loss in a day i need to target ?
Last week , i consistently received profits as below ...
day1 9 July : 63.08
day2 10 July : 269.43
day3 11 July : 571.37
day4 12 July : 717.08
day5 15 July : 623.90
All the above are profits after deducting brokerage and multiple taxes which i never understood. I have to agree/accept that i got the above profits only due to luck ...
i use averaging down strategy ... and one day when the market goes against my trades , i may be ending up with losses with will be beyond the combined profits of all the above .
Suggest me the amount of profit / loss i need to stick for a day ...
Note :
my exposure is 1:6
I deal with only NSE/BSE cash segments and strictly intraday (i prefer sleeping with a hope that i dont lose anything while in sleep).
PS : i declared myself a trading "off day" today ......