20 L bro , all the weekly profit i will transferred to buy nifty bees and bank bees , and every week i will buy 2 gram of gold bees ETF this is my rule
You should be 100% sure of the trend. Even minor reversals will lead to huge notional losses. And if you are forced to close positions by 3:20, your overall ROI will be down
Your entry definitely matters. Considering brokerage and taxes, even 1-2 rs extra premium matters
In the above link, BN intra-day movement (intra-day) is restricted to a 3-SD range (approx. 1000-1200 points). This was data till mid-April 2019.
Honestly i am telling i am not interested in day trading in cash,and F&O, seeing a trend and trade i feel its will injure my capital , day trading its not suitable for me , its like gamble its my opinion , day trading want to pay tax and other charges if we make money r not ,directional trade is very difficult its will give hive mental pressure i feel , i will play only non-directional strategy its success ratio is 85 % , less brokerage and taxes i am paying , i will stick on that strategy , i am living on that non-directional strategy , i will stick on my rules so its will make me to stay on market on long term ,
My Trading and investment strategy to better understand for other followers , for me its take 5 years to understand my strategy and behavior of market sense