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Rs 2000 Intraday Strategy For Day Trading Using Scalping


Note: The strategy you will read here is well explained in another PDF file. You can get this strategy for free if you open a brokerage account account under me in ZERODHA. To do that you have to register an account now by clicking here. Once your account is opened just contact me. I will send you the strategy. You can see some real trades and testimonials here.

Please Teach Me To Make Rs. 2000 Daily Trading Intraday Strategy

This is most questions I get everyday is on Intraday Trading or Day Trading. Something on these lines like “How can I make Rs.2000 to 3000 everyday from 50 thousand in my trading account”? Some even wanted to make that money everyday from Rs.10,000 in their account. πŸ™‚

This converts to 2-3% everyday. Now for the time being forget stock markets. Think about any business that makes 2-3% everyday or a 100% return every quarter? Does any business comes to your mind? No, Nada, Nothing. There is no business that can generate that kind of returns. If there was some business like that – all other businesses would simply not exist.

However making 2-3% per month from trading options is possible if not more. This in my view is significant if you can compound accumulated profits month after month to make more money. The idea is not to withdraw profits and re-invest the profits back in to trading conservatively and keep making profits. In my options trading course I teach conservative strategies that can help you make 2-3% a month from trading. Click here to read more about the course.

100% A Month Return Is An Impossible Dream That Can Be Sold Easily

This is an impossible dream which traders love to dream. They day dream something like this – “If I can make Rs. 2000 from one lakh everyday, I can invest 10 lakhs and make Rs. 20,000/- everyday which is more than 4 lakhs a month. Enough for a comfortable living”. Their day-dreaming does not end there. They then dream of pulling crores from friends and relatives even from banks and make crores every year.

Yep I am not lying. My website gets traffic for “how to make crores from 1 lakh in stock markets in 1 year?” and they are directed to this page – “How to Make Crores from the Stock Markets“. LOL

Hell they do not even know why they need so much money in the first place. πŸ™‚ But dream they do. Sadly this dream costs them dearly. How?

You see all stock market advisory companies, Intraday tip providers, options & futures tip providing companies and others in similar business know this very well and are able to sell these people their dreams. Hell even I am a victim. I wasted Rs.40,000 paying money to various tip providers and lost close to Rs.60,000 trading their tips. Thanks to them I turned to books, but that’s a different story.

But fact is its very easy to sell a dream. Just Google “Intraday tips” or “stock tips” or “option tips” and see the results page. You will see dreams being sold. Advertisements like “over 10% monthly returns”, “100% Percent Returns”, “50K to 2 Lakhs”, “Over 1000% Returns”, “100% secure tips”, “Make Rs.5000 Daily”, “100% Accurate Analysis” and lots more will pop up.

Tell me now, do you think its possible? If no then why do you buy such dreams? Let me tell you in a very blunt language – making money is hard – you cannot make it rich by getting tips from someone. You have to walk your own path, that’s why God has given you brains. If making Rs. 2000/- daily is possible just by paying someone 2-3k a month and 1 lakh/50000 in trading account then why do people study in costly schools and colleges? Hell borrow 1 lakh from your parents, open a trading account, and pay a tip provider 2k a month and laugh your way to banks. Life ain’t that easy. Is that even remotely possible? In fact Thank God its not possible else the world would had collapsed. No one would work. All would wait for that next tip to get rich. It would be a strange world.

You Mean Intraday Trading Does Not Work?

No, I never said that. I only said if you are thinking tips providers will make you money giving Intraday tips then that will NOT work. You can of course work hard and become an expert day trader. There are many books written on them, you can do online research or try your own strategies to try your hand at day trading. But its only you who can help you to become an expert Intraday trader. No one else can.

When I was losing money I tried several Intraday strategies on my own. Most of it is not worth sharing but there is one that I feel may work if you try which I will reveal shortly.

Please Tell Me Good Intraday Trading Techniques

Ok. But I tried a lot of strategies. I will tell you something that may work Intraday, but you will have to practice to perfect it.

Note: What you will read below needs a lot of patience and practice. However there is an easier way to trade Intraday trading not written here. If interested to know please please contact me.

There is something known as scalping. According to Investopedia.com:

“A scalper is a type of trader that may dart in and out of a stock or other asset class dozens, or in some cases even hundreds, of times a day. The reason these individuals are so active is that they hope to reap a small profit on each trade and that these small profits will add up to big dough at the end of the day.”

In other words a trader takes lots of trades (mostly done in equity cash because of high liquidity – but it can be done in Nifty Options as well) and will try to make small profits in most of the trades. Of course the profit in terms of cash should be double that of loss. So one profitable trade means the trader can take two more trades. Like this if the trader takes 10 trades in a day and has a success rate of even 50% – he can make Rs.2000 to Rs.3000 daily from a small account.

Scalping is an art. Whether you know technical analysis or not is not important. Lots of practice, planning and patience is required to be a successful scalper. Also its a full time job. You cannot become a successful day trader with another full time job. Day trading needs your time and attention. Not monitoring your trades or leaving your monitor without stop loss in system can be disastrous.

To reduce stress, especially in western countries, there are many automated trading systems that are based on the scalping methods. Since its automated hundreds of trades can be taken in a day. And they can book profits in tenth of a second. You got the idea of how fast it can be if automated.

Of course automating trading is a costly affair. So here is how you can do scalping.

Which Stocks To Trade in Scalping and How To Trade It Intraday?

Highly liquid stocks. Here is something I tried but could not take it further as I lost interest in Scalping due to the stress.

Disclaimer: Please note that this is an advice. Please do your own research before doing real trading. Stock market investment is risky. Please paper trade before committing real money.

At around 11 when the trend got clear I used to visit http://money.rediff.com/index.html. Then click on NSE. On the right you will see the day’s top 5 gainers and losers. See this:

Rediff Money

Then I used to open graph of top 3 gainers and losers. The idea was to pick stocks with clear trend and with high liquidity. (See there is NO technical knowledge required but BOTH my objectives are met when I am doing this. One I am trading in highly liquid stocks and two I can see the trend at least for the day). Also remember the idea was to scalp – so even a small profit would do. Of course I used to trade in only 1 stock at any given time. After 2 pm I did not trade.

Lets see today’s graph of top 3 gainers and losers. (Well this is nostalgic – I am remembering those days πŸ™‚ )

Top 3 Gainers:

hindunstan-uniliver hdfc reliance

Top 3 Losers:

bosch adani maruti

Ok as you can see around 11-11.30 am Hindustan Unilever Ltd. is showing a clear trend. HDFC not. Reliance Industries Ltd no. Bosch Ltd. yes. Adani Ports yes. Maruti Suzuki India Ltd. Yes.

Next I used to go to http://www.moneycontrol.com/ to read any news on the stocks showing clear trend to know why they are gaining or losing most. In the above case Hindustan Unilever Ltd., Bosch Ltd., Adani Ports, & Maruti Suzuki India Ltd.

moneycontrol news

According to news I used to pick my stock. News like being acquired by someone, or corruption charges on management, quarterly results etc have big impact at least on that day of trading. Based on how strong the news is a stock was picked. Of course its easy to understand that I used to go with the trend. For example if the news says Hindustan Unilever Ltd. profits more than expected then there is a strong possibility that the stock will not reverse direction. Or news like Maruti Suzuki sales dropped means at least for day the stock will have more sellers than buyers. You see in this trade your real threat is a whipsaw (stock reversing direction).

What Was My Profit or Loss Target?

Well my account was really small after losses. I did not want to risk too much and I was in the experiment mode, so in terms of money it was very small. In terms of percentage you can try initially with 0.5% of profits and 0.25% loss on margin blocked. This has to be maintained. Of course you can do 1% profits and 0.5% losses, choice is yours, but to succeed you must make double your losses. And both stop losses should be in system. Of course if a trade is making profit you can keep increasing stop loss (called trailing stop loss)to take out the maximum profits for the day. But again that needs to be practiced. Its an art.

If you can practice and perfect the above you can become a good scalper and Intraday trader.

How To Scale And Make Lakhs Per Month Trading Intraday

Start with a small account. Risk only Rs.3000-5000 initially. See if you are profitable doing this in 20 days of trading. If you are, double your risk or increase it Rs.10000. That way you will gain some experience and of course confidence of risking more money. If you straight away start with 1 lakh and lose 10% of it in 20 days of trading then you will not have the confidence of trading more. So start small.

Once you become successful and have proved yourself, take multiple trades a day. Remember its more about controlling your emotions than that stock’s movement itself. When a lot is at stake we tend to behave very abnormally – so you need to learn to control your emotions to become a successful Intraday or day trader and scale your profits. This can only come by practicing and hard work.

You cannot buy hard work, can you?

Conclusion:

  • Its not easy to make Rs.2000 or Rs.3000 daily day or Intraday trading.
  • Tips providers are certainly not going to make you rich. Please stop wasting your money on them.
  • Learn the art of scalping. It is the art of buying liquid stocks in cash on Intraday basis and selling them at a profit as soon as possible.
  • Once you are good at it scale it with more trades in a day and more money in your trading account.

    NOTE: The above trading strategy can be done in an easy way which is not written here. If interested to learn from me please contact me.

    Please like & share my blog with your friends:

    Hi, I am Dilip Shaw, owner of this website. I am a trader like you. I have been trading since 2007, but lost a lot of money till 2010. I then stopped trading and studied options like college exams. Started trading again from 2011 and never looked back since. I did a lot of research, read books and did countless paper-trading before being profitable. You can read about me here.

    My conservative trading course since 2014 is helping many retail traders just like you who have a job or business make consistent profits like this:

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    You can do this course from your home. Some traders make amazing profits like Rs. 16.26 lakhs profit in 5 days though results may differ for all.

    This course helps you learn to trade conservative option strategies for monthly income. Once you finish the course you can start trading immediately. You can start trading from any day. No need to wait for expiry. You will make profits consistently.

    This course is good if you have a regular job or business. You DO NOT NEED to monitor your trades every second.

    What You Get?

    Before reading please understand that for all 5 strategies, strike selection will be taught. Strike selection while trading Options is the most essential part to succeed.

    You get two conservative non-directional strategies on options, one conservative stock option strategy and two conservative directional strategies on Future & Option combination.

    Non directional trades are profitable 80% of the times and make 3-5% per trade (Results may vary).

    Directional strategy makes money fast. It does not matter which side the stock moves. In fact you make more when you are wrong in the Future trade. πŸ™‚ Some amazing profits possible here.

    The stock option trade makes 30,000 in one trade and if SL is hit there is a way to recover losses plus make 30k in that trade.

    Technical knowledge is NOT required. No need to monitor trades every second.

    In the course you will learn how to select the strike prices. You learn when to trade, which strikes to sell which to buy, how much profit target you should be looking for, the best place to take stop loss and what to do after taking stop loss – means how to get that money back. The success rate is more than 80%.

    Since trades are properly hedged there is no stress in trading my strategies.

    I am very confident that you will make money trading my strategies. To help you succeed I offer few months support for FREE.

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    To know more Call/SMS/WhatsApp me on 9051143004 or email me now. I know English and Hindi.

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    P.S: So many years of trading has thought me one thing - it is always better to make small profits month after month, rather than lose money month after month trying to make too much money. It never happens. But small money accumulated month after month can become very big in only a few years.

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  • About the author: I started trading stock markets since 2007. However my first 3 years were losses. Then I dedicated almost 1 year on studying, researching, paper trading options and learned a lot in that time. Since 2011 I am trading Nifty options profitably. Call me if you need any help trading options on 9051143004.

    { 18 comments… add one }
    • Vivek November 25, 2015, 10:11 am

      Excellent Explanation…. Easy to understand those who dreams… Thank you very much for sending such a detailed mails…

      • Dilip Shaw November 25, 2015, 9:28 pm

        Thanks Vivek.

      • Ramesh June 17, 2016, 9:12 am

        Plz help me i am new in this market
        Plz provide me any contact no so that i can communicate and take suggestion for any trade

        • Dilip Shaw June 17, 2016, 7:27 pm

          Ramesh I deleted your mobile number to protect your privacy as this page is in open domain and can be seen by anyone.
          Please learn as much as possible on stock markets it will help.
          Only knowledge can take you forward in life no one else can.

    • Ganesh Patil November 25, 2015, 10:42 am

      Great Article Dilip Sir and educating us on harsh reality of stock market. (Even I personally believe day trading you will lose more than what you earn)
      I have been practicing Strategy 1 for quite a some time now and able to profit and adjust spreads intelligently as per your guidelines.

      Hope to see you similar articles in future.

    • Chandra Batchu November 25, 2015, 11:12 am

      Thanks Dilip,

      You really open eyes of lots of people who consistently lose money in this mirage of trading.

      All the best
      Chandra Prakash.

    • Manzur Pasha November 25, 2015, 12:07 pm

      Dear DILIP SHAW,
      I read your email and noted the contents. you are genuine, honest, and perfect. each and every sentence is correct and true.
      thanks with regards,

    • Pawan Singhania November 25, 2015, 12:12 pm

      Dear Dilip

      Realy it is great article and good insight for day traders .You are fantastic.

      Keep writing.

      Thanks

    • subodh November 26, 2015, 10:20 am

      You also made me nostalgic.. πŸ˜›

      You are abs right dilip ji.. Its like when they show stunts on TV they put line below in small font of dont try this at home .. Same applies to day trading .. Try & learn first & also kill the greed..
      Also this is not for someone who possess faint heart . One last point would like to add is if anyone willing to try intra cash then MUST use bracket order.
      Thanks

      • Dilip Shaw November 27, 2015, 4:20 pm

        Thanks for the bracket order reminder.

        A bracket order is a stop order for (both the profits and loss) which gets executed as soon as the order goes live. Effectively the trader now need not watch the position. As soon as one stop order gets executed – the other stop order gets cancelled. Some brokers also allow automated trailing stop orders. Which means if the stock moving in correct direction the stop loss order gets cancelled and only the stop order for taking profits keeps changing. The percentage needs to be decided by the trader though.

        Thanks again Subodh.

    • subodh November 30, 2015, 9:07 am

      Dilip Ji ,

      If you are saying thanks twice for a small point then we have to this for all the stuff you did ..

      Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks …. ( it goes on )

    • m s rao February 20, 2016, 2:18 pm

      Dilip ji,

      Namasthe.

      An eye opener for the aspiring / novice / most of the experienced day (dreamers ? ) traders.

      I think the following line in your reply to the comment of ‘ Mr. Subodh ‘ needs correction :

      ‘ Effectively the trader now needs to watch the position. ‘

      as

      ‘ Effectively the trader need not watch the position. ‘

      or

      ‘ Effectively for the trader no need to watch the position. ‘.

      Am i right or misunderstood the line.

      Thanks in advance for your clarification.

      M S Rao

      • Dilip Shaw March 4, 2016, 5:50 pm

        Sir corrected. Yes you understood it correctly. Thanks for letting me know it was typed wrongly.

    • Kamalendu Mridha March 18, 2016, 4:57 pm

      Very nice and clear advice just like a parents or teacher. Thanks .

      • Dilip Shaw March 18, 2016, 5:02 pm

        Thanks Kamalendu. Glad you learned something out of it.

    • Ashim January 18, 2017, 11:53 pm

      Sir,I read your article&very interesting.thanks a lot of your knowledge share to others.many many thanks & god bless you

      • Dilip Shaw January 19, 2017, 2:06 pm

        Thanks Ashim. Keep reading the blog for more information.

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