I've not traded stocks ever. I want to give a try. I want to do day trading with leverage of about 10x to 20x cos my initial investment will be around Rs.1000 only.At an average, i'll be opening 5 positing per day and close it that day itself. Currenlty, i have an SBI bank account. Please suggest me what broker suits me the best (I'm from Mumbai).
Btw, i knw day trading involves huge loss in tax and spread. And i also know that 10x-20x leverage is a very risky way, but thats my strategy.
Btw, i knw day trading involves huge loss in tax and spread. And i also know that 10x-20x leverage is a very risky way, but thats my strategy.
