so is it possible to buy/sell bulk shares and sell/buy them at 5-10 paisa profit 20-30 times a day to gain a good amount of money.
I see some scripts bellow rs 30 moving only in a frequency for 2-3 hours… 22.30-22.40-22.50- and 22.40-22.30
using this method I can gain a lot of cash in virtual markets provided by some mobile android software… Can the same think applicable in the real market?
I mainly want to know why someone successful in softwares or fake markets but not good in real markets?
Hi Bro. You are correct. Lot of people get succeed in simulated trading.
One pure example to you that " Brilliant traders who are working for firms get good success rate but when they are trading for their self result is as usual. They are failed.
Because when we are trading with our real money our emotions work which are drag us failure.
That’s why successful traders suggest to control emotions.
If you plan to do what you are doing, it is called scalping the bid-ask spread.
The issue with most simulated platforms, is that they don’t correctly capture the liquidity or market depth of the stock. If you place an order and the price hits, your order is considered filled. But real markets don’t behave like that. Your order is typically in a queue, and most times might take a lot of time before it is filled completely (on the under Rs 30 stocks that you have mentioned).
Also there is a risk that you run that every once in a while the stock moves against you, so you need to have a stop in the correct place to ensure that you don’t give away all that you made in a month in one trade.
I think this business of scalping the bid-ask is almost impossible to profit from manually in today’s market scenario, especially considering you would most likely be fighting an automated system that can do this a lot more fast and efficiently.
there are lot in the google play store… if you search like stock, broker, money or something like that…
i do not use them… but my friends does and they said they are geting 30-40k per day profit. where in real trade it is difficult for me to get 1kper day. lol
From a theoritical perspective you are right - Stocks with Beta > 1 move several times a day (often in different directions) and the same can be used to make money by investing large sums multiple times in a day.
The catch however is: How will you know which side to enter on and when - that is - when will you go long and when will you go short and when will you book profit and when will you stay out (due to sideways movement)?
Your question is deja-vu to me - I asked almost the exact same question on another forum - time has taight me better since. You will also learn evantually that if it were that easy (making 50 paise profit 50 times a day) then we all would be rich. But you see that since its a zero sum game and for somebody to get rich, somebody else has to get poor, hence it is not technically possible that we all get rich at the same time doing the same thing
It is best if you start investing some real cash (something small like 5k or 10k) in the different strategies that pop up in your head. Mr. Market will teach you which ones to slowly ignore and eliminate as time progresses.
All the best
well said dude… one have to experiance the real heat when standing with cash… anyhow that feel makes you very sensible. That’swhy share market still exists.
thank you sir for answering the question. That is why people prefer bluechip company.
I also thought the same thing about demand and supply … and I can understand about the queue. This will help me to clarify the doubts of my friends.
