Free daily trade tips
How to take daily profit in trading? Welcome to Financial House The below strategy and technique will provide Rs profit on daily basis. New comers to share market should understand the markets and learn paper trading practice before moving to actual trading because day trading is very risky for new comers. How much profit the trader can make in a month? Basically it has been observed that many times traders lose money due lack of knowledge. If you are expecting Rs.
So do you think it is convincing you? Your intention is to earn money in a day, so just concentrate on small profits and do multiple trades instead of waiting to get huge profit in just single trade. Markets are always right so to avoid the further risk it is always recommended that day traders should keep booking profit wherever applicable. The current intraday brokerage offered by us Rs 20 for buying and Rs 20 for selling. For opening the account you can visit at Demat account opening page.
Example - How to trade and earn profit on daily basis Suppose if trader bought Buy Tata motors at Rs. So if you have Rs. Margin amount is amount given by your broker for day trading. This amount varies from broker to broker but it is generally 4 to 5 times and it is also based on stock you choose for trading. Now you sold Tata motors at Rs. Here you can see trader took profit of Rs 1.
Your gross profit is Rs Your total turnover is calculated by adding the buying amount and selling amount. So you net profit comes to Rs Rs Suppose if you do 2 trades in a day then your net profit will be Rs Conclusion - Taking only Rs 1. How to increase profits?
In above example we have bought only shares and If you increase the number of shares then your profit will increase accordingly. Try to take small profits because there are lots of changes for small price fluctuations.
So if you trader shares and your profit will be doubled per day and that comes to Rs In a month there are 22 trading days. We also believe that it is not possible to earn profit on daily basis and also some losses would happen due to market fluctuations. So believe in small and end up the day and your month with big profits. Important note - 1 Only profits are not possible in day trading, losses are also part of day trading.
If your trade goes wrong then trader has to accept losses and come out of trade. Margin amount varies from broker to broker but generally broker provides 4 to 5 times margin amount. Big Disadvantage of Margin amount - If you use the margin amount then you have to square off your trades before market closes whether you are in profit or loss. So if margin amount is not used and if your trade goes wrong then you can take delivery of those stocks and sell later whenever price goes up. New comers to day trading New comes to share market can start trading by small amount like Rs or 10, and get confidence of earning and once the trader makes consistent profits then he can plan to increase the amount.
So believe in small and end up the month with big profits. Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person.
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