I have the knowledge but no capital to trade


#41

no and yes

it is not a straight forward answer but i trying

see swing trading means you are going to hold your trade 3-10 days ( only time frame matter)

now you can trade either in cash/future/option, no barrier at all

so with cash & future 1 lakh is not sufficient but you can trade market swing with option with one stock/nifty/banknifty.

most important thing is your knowledge , do you know how to trade?
do you have every week profitable even in paper trade( without giving any excuse in paper trade)
?

do you rely on most of technical analysis or are you doing some system based trading like supertrend/rsi/macd/ moving average based system

if yes you are bound to fail in swing trading & intraday trading
try investing & long term if answer of above one question is yes
otherwise go ahead


#42

Be investor not trader.


#43

Hello Revanth, I am a sr citizen & learnt many simple ideas for trading. I suggest option is better than futures.
I sell my simple lifetime ideas by charging very small amount. One of them is free here for you & all small traders.
Trade only in BANKNIFTY options.

  1. Note closing price of BN Future. 2. Add 100-150 for strike rate of CE & deduct 100-150 for strike rate of PE. Note closing price of options too ! 3. Keep both CE & PE in market watch. 4. Watch which is opening below previous close. 5. Place SL Buy order for that side @ abv open price after 9.20 a.m. 6. All activated calls will create profit. 7. Keep S/l of 20 points & target abv 30 with trailing s/loss.
    You can trade with any amount, even 5K is sufficient. Success rate is abv 80% ! No need to borrow loan or wait for years. If traded with discipline, your 10K can be 1.0L within a year !
    WITH BEST WISHES !
    ASHOK V. (maharaj811954@gmail.com)

See on 7th BN 27400CE opened lower & given handsome profit.
27100PE also opened lower but not activated.
Today (08.02.2019) 27600CE opened lower & made handsome profit !
MOST OF THE TIME THIS STRATEGY IS PROFITABLE !


#44

Brother, Trade in Crude oil Mini with Cover or bracket order. Benefits are: 1) margin required per one lot Is Rs. 600 to 700 depending on your stop loss. You can have Rs. 5000 as your margin. 2)If your trade goes in loss your loss will be limited. 3)This way you get opportunities to test your emotional response on your loosing and winning trades. 5) this this will taste your trading system.


#45

I understand your situation and feel for you. I will urge you to hang in there. I will also advise you to never trade with someone’s else. I have seen a lot of people borrow the money and lose in the market. Please, don’t be one of those people. You will regret it later.


#46

Thanks for sharing your idea.

Can u please expalin what is the strategy behind entering the position?

How dow we select target and SL?

How did we 30 & 20 points target & SL. Is it based on some indicators?

Thanks in advance.


#47

Yup…thanks for the advise.

I am strictly against trading with borrowed money.


#48

What is indicator ? Can you guarantee any indicator ? All charts are telling what happened earlier. Analyst assume if this…if so. Everything is like astrology !
My strategy is decided by my own experience. Do paperwork or check historical price chart. My generation was only following Guru without any doubt !
20-30 points based for safe money management.
BYE in advance !


#49

Could not understand that?


#50

Everyday it is showing profit. Still you need the reasons behind the strategy ? In my view, this is not following what the elder (guru) said :yum: !