Nifty intraday movement has become very volatile now. For intraday traders, this is a problem.
Check this intraday movement of NSE on Friday, 18-Dec-20. Intraday movement is more than 100 points:
What you can do if you are an intraday trader?
Keep your profit target more than stop-loss every day. For example, if your profit target is 50 points a day then your stop loss should be 25 points.
Personally, I do not like intraday trading. I was caught doing it while in a job in 2007 and was sacked.
If you have a job you just cannot do intraday trading and also do your job. The fear of getting caught. The fear of losing and of course loss of focus.
Read the above sentence again. Do you think with so many problems one can actually trade intraday and make some money that too consistent and also at least 20,000 a month?
With positional trading it is possible. To make approx 20,000 a month you need a capital of 5 lakhs.
This comes to about 4% a month.
If you trade with 5 lakhs do you make 20k a month?
If not you can do my nifty and bank nifty course and start doing it without stress from next onward.
The answer is – its better to do both as you will save some money.
If you do nifty course first, there is a high chance that you will do bank nifty also later. So you end up paying more. It’s better that you pay less and learn both. Become a good trader in both nifty and bank nifty options trading. The nifty course will teach you how to trade options for monthly income, and bank nifty course will teach you how to make money trading the weekly options.
So both the courses are important.
Do not forget that you will just not get well documented and explained PDF files, you also get my support for one year to understand the strategies. Plus you become my paid subscriber and get paid emails for life that does not go to the free newsletter subscribers.
This email can be investment advice, a trade etc.
You Can Read More On My Site
WhatsApp or Call me: 9051143004
If you have any question you can contact me.
You can read about me here and my trading mistakes here.
Dilip Shaw, Founder
Copyright Infringement: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. In other words I am a sub-broker. I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other forms of social media. I strictly adhere to laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles in this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given in this website. I am not responsible for any investment decision you take after reading any article in this website. Click here to read the disclaimer in full.