hi
can you tell your exact setup so i can also trade in a similar manner.
I understand that you have metastock professional/amibroker with data feed from esignal
Which broker do u use? how much brokerage is charged? how to get 10 times leverage?
Which stocks do you track and trade with this method?
i am presently using indiainfoline u could get 0.02 % intraday, 0.20% delivery with 12 times(default) exposer (expendable upto 20 times ) , presently a/c opening is free at present time with annual maintainance charge of 250 or around 550 of a/c opening charge and lifetime free a/c , also , it provides good terminal and its order execution is probably fastest in india . it also provides 4 timmes exposer for delivery (remember its quite risky and i always avoid it ).you don't even need to maintain huge deposits in a/c u could only keep 2000 , its enough .
now i m replying to manish also , u r free to use 2.5 , 3, 4,5,6,7,paise or whatever u want but remember ur profit target is very less , lesser the transaction cost higher would be profit , but don't go for very less brokrage charging farms ,like r money , because after opening such a/c u will say ITNE PAISE MAIN ITNA HI MILEGA , as my sister earlier did .
0.02 is a standard brokrage figure neither very costly nor very cheap .and all good service providers are providing services at these rates .
i have 3 a/c 1st opened ,religare 2nd opened indiabulls , 3rd and present indiainfoline .
if u r not finding any rm with such rates mention ur emails i will tell my rm to talk to u and send u forms if u interested, if u could manage urselves then its okey .
happy trading
abhi