just an advice ... For intra day trading... do not trade for like starting
15% of daily average volume has reached....
Reason is ....
during this phaze... you will get the high and opening rate of script.
and if u see higher of high then up trend confirm.
No short selling .hold position if u have bought previously.
if u see price breaking Average price then go Short like mad ...:clap:
and it;s commodity you cann;t win in intraday.unless u are TA Expert
only Govt wins by CTT tax thats your half profit. (CTT Cut Traders Targetprofit to half lol)
especially in Gold
Above method works perfect for NRML orders
Happy trading.
i might me wrong but
I feel only they make money in intraday ...
1 min gold lot
profit
day 1 intra day profit R.s 1000
day 2 intraday trading R.s 800
day 3 intraday trading R.s 700
day 4 loss R.s 2500 ...moral you end up loss + net loss CTT+Tax transcation charge. Govt wins r.s 450
On wise versa
Non intra day trading = profit of R.s 1600 in 1 week time govt gets R.s 55
and in extreme case u end up paying R.s 60000 per lot in case u don;t cut yout loss .u become buy and hope.
say u bought 1 lot at r.s 31600 and current rate is R.s 26600
so better to cutt loss at 30% of your capital
on NRML that how i operate in that case loss will be 4500
so summarry is we risk loss of 4500 against profit of R.s 1600 lol
thats my true story .
so if u reading this :-- samajdar ko isara kafia hai. this system are designed to take your money away.
All said above lol when i sit on terminal All rules will be broken and i will forget my so called " Rules of trading loool " trust me that happens a lot with me