Can we really earn 1 - 20% "DAILY" doing day trading in stoc

Secondary Mkt 1422 views 24 replies

I am A CA IPCC student , and want to generate money for my future business plans for withdrawal after 5 to 6 years.

I want to start my trading with just rs 2000 after the brokers fees of rs 750.
What i want to know is my plan seems to be working or not
My plan Goes as follows

" I buy a share seeing the top gainers in the last week but having a market price of less then RS. ( Ra ) 20.
for ex : the share i am seeing this week is Birla power which had its day opening and day low of 1.95 and a day high of 2.30
i want to buy that share tomorrow at rs. 2.25 or something near about and just earn 2 or 3 paisa 
and also to this i want to buy and sell this stock like this 50 to 200 times in the 5 hours span "
is my plan feasible because this plan really seem to be really really tempting to me 
because according to my calculation 
money would get doubled in week if i earn 10 to 20% return daily 
which in fact means my money would be really multiplied very very early into thousand and millions very quickly..!!

Replies (24)

Is this a joke ??

Originally posted by : koolleo87

Is this a joke ??

no its a not..

there is a software by many share brokers dese days..

i intend to use of Kotak Mahindra Bank

which displays the current rate of the share with every mili second the rates changing even at the speed of 256 kbps...

and i really want to know from trading experts is my view feasible..?? 

Be prepared to loose your Shirt, pant and everything else. Day trading is for Large players, common investros loose in 99% of cases. I have experience since 1992 Harshad Mehtas time. Instead by even 1 share of any Blue Chip company like Infy, Tata steel, BHEL, L & T and hold it for 3-4 years. you will earn much more

Dr.Ramesh Patel

i read your plan and want to ask you that how will you predict each and every movement in stock ??

suppose the stock is at Rs 2.10 ,Now how can you predict it will go up to 2.15 or go down to 2.05???

please reply

YOUR QUESTION WILL GET AUTOMATICALLY SOLVED ONCE YOU FIND ANSWER TO MY QUESTIONS....

its just a play of luck !!!!!!!!!!

aS pER yOUR eXAMPLE.

Brokerage Hi Lag Jayega

NO MAN ,IF THIS REALLY HAPENS THEN WHAT IS THE NEED OF EXPERTS DUDE.

Originally posted by : Sanjay Bhatia

i read your plan and want to ask you that how will you predict each and every movement in stock ??

suppose the stock is at Rs 2.10 ,Now how can you predict it will go up to 2.15 or go down to 2.05???

please reply

Sir, what i am having in my mind is that by seeing the movement of price on d graph of that particular day i can speculate at least a bit about that stock..

if the stock prices are  a continous low and a high note means prices are changing very fast or in a minute or two

i learned about the brokrages and commission 

and analysed that small stock is not feasible for me

but a price of about 20 if rises to 22 by seeing the graph can really make me earn a lot..!!

isnt that feasible?

In India The Stock Market is the only Legal Casino....

when someone is thinking about doing daily trading, they think they have done lot of calculations and patterns watching and think they have got the stock market all figured out.

In search of Quick and Easy Money they fall into well set Broker Traps.

In case you are thinking of going ahead, be prepared to sleep on the railway station.

Because if you are successful in making Rs. 200 to Rs. 400 in 1 week, i am sure you will put everything that you own into the stock market and watch it collapse.(Just like a lot of people in Casinos)

Hope you will understand that stock markets cannot be predicted.

hope u got the answer...are yaar itne main to brokerage bhi nhin niklegi..............better be a investor not a trader in stock market to earn something...............other wise u r really going to be naked a day.............

I forgot to add that In case you earn so much then you don't need to do any business (in any case no business will give such amazing returns)

This reminds me of the film Phir Hera Pheri where they took 3 weeks to double money. Here you are taking a week. Dude you are legendary. 

I think you should stay away from the stock market till you complete the CA course. You have only cleared CPT. Still there are 2 exams left. Share Markets require Constant observation. Don't take the course lightly because Failure is a very Bitter Pill to swallow.

Hope you understand and may god help you.

Originally posted by : vikash rathi


hope u got the answer...are yaar itne main to brokerage bhi nhin niklegi..............better be a investor not a trader in stock market to earn something...............other wise u r really going to be naked a day.............

 

 

Do you know any one who  successfully  implemented your formula before ?


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