Again privileged information boss.
But even if I was to provide you, there is hardly anything you can understand.
Why bother? If it’s hard for you to believe it, ignore it. And if you want this information to replicate it, then it may not work for you.
Even I am not trying to replicate what he has done. I too would have loved to make such returns.
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now you might have understood why i said 7% annual returns is possible intraday.
If i said 28% people would have queued up for my next seminar or coaching.
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haha…v true
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Extraordinary claims require extraordinary evidence.- Carl Sagan
I mean a claim that Mr John Doe made 300% a year just by intra-day cash trading is extraordinary.
28% a year is no longer attractive in 2023 for majority. Option gamblers attract most views on YouTube. Gamble big in options 4 times and you will make big profit at least 1 time and thereafter all you need is to post that screenshot and people will buy your courses and seminars. Use that course and seminar money to gamble again, make big profit and post that screenshot and sell more courses. Cycle continues.
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I believe that even day-jobers can make profit in day trading and quit job sooner or later. Here is how:
No doubt.
how many people you know are making this kind of returns consistently ?
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For a year yeah maybe unattractive but this kind of CAGR it’s a different story.
I’m my perspective anynumber beyond 20% CAGR is worth it 
Absolutely True.
No Idea. But the context in which I said this was that if one has to scam people in 2023 through coaching and seminars, promising 28% annual returns won’t do it. NIFTY Call option that was Rs 15 on June 27th went to Rs 250 in a week. Scammers are promising these kind of returns nowadays , Zero to Hero in their lingo.
Day trading has the potential to be profitable for certain individuals, but it is accompanied by considerable risks and difficulties. It necessitates expertise, understanding, experience, and the capacity to make rapid decisions in a market that is prone to volatility. While a few day traders have attained success and made profits, the majority tend to face challenges and may even incur losses.
You want to meet people who make 300%? i have seen people making 14000 to 74000 with verified p&l already 400% + through options buying. The people who are doing it they know even if they tell you the holy grail you can’t do it because you lack their experience, understanding, risk taking capability, mindset etc. These people stay hidden from normal people. Remember when i couldn’t made profit i thought everyone is a scammer but in reality they can do it, you can’t. It’s hard to accept but that’s the reality.
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Its Very Simple to make money In Intraday, Just Follow the Step.
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First read all the books on Technical analysis. see the videos on youtube & develop Methodology, then Trade with capital of 20000 & lose all in 1 week or 1 month or may be more if you have beginners Luck. then stop trading.
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study all the books on risk management money management & position sizing, modify your strategy/ methodology if required, then again use capital of 40000 to trade, if you lose all the money more quickly then good. stop trading.
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Read all the book in the world based on trading psychology & books how mind works. then again deploy capital 60000 & trade. if you lose again all the capital then good.
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revised all the books on Risk & money management, position sizing and most importantly revised books on Trading psychology.
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start to analyze every single trade you have take & figure out why you made profit & loss. spent 6 month on this.
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figure out what went wrong, who is wrong ? the strategy or Its YOU. if you figure out that you are the culprit not the strategy then accept that & start over again. Before starting read all the books on Trading Psychology again.
Tips - beleive that Intraday is like another job or a business. For Example - In job people spend 8 to 12 hourse in a day. study analyze all of your trade everyday.
How do u calculate stoploss for such position?
A fixed percentage of premium.or based on index points?
Also how do u handle gap open against ur position?
Can u pls elaborate
I don’t believe you a bit. If someone can make 400% than he is already richer than Musk in a decade. Also why a person who can make 400% make only puny sum of 14000? You don’t make any sense and unless you share here verified PnL where people are making 400% .
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Technical Analysis books don’t work. Even TA doesn’t works more than 30-40% of time which is an outcome worse than random. TA will make you lose every penny you have unless you use a risk management. A random Coin Flip+ Risk Management will beat TA+Risk Management.
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People in jobs have a net positive cash inflow. In Intra-day 99% people lose money. These two can’t be compared in any way.
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In Roulette ,Customers as a group have 48% chance of winning while house has 52% change of winning. In day-trading, customers (traders) has 99% chance of loss. Day Trading is worse than casino gambling.
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Never Ever Risk More than 0.5 to 1% of capital in single trade. SL should be in such place if reached then your trade is wrong based on your strategy. Use position size accordingly. Your SL should not be equal to 1% of your capital randomly.
Do not take overnight position without hedging (unless You are Investing for long term).
Never ever break rule.
1.You are right. Nothing work in any type of trading. Its a game of probability. Its a Mind Game. but when you walk/ drive in road (in spite of risk of accident ) you follow certain rule. In trading following rules are the Holy Grail.
a) Number one Rule Risk Management which extremely tough to apply while Trading. specially cut loss quickly without hesitation. Never risk 0.5/1 % of capital risk in a single trade
b) Hold & add to winning position, this is 10 time tough than risk management. I am still struggling to do it.
c) You have to be emotionally dead while trading. have to be 100% disciplined.
d) Never ever Overtrade to reduce trade expense & other psychological effect.
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You are right. nothing safe than Stable source of Income like Job.
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Day trading is the toughest Job in the world. only 3% people in world can consistently make money.