Trading involves a lot of risks as the Stock Market is volatile and no one in this world can predict exactly what is going to happen next with stock movement. As a disclaimer, do your research thoroughly before doing any sort of trading.
I am speaking here from my personal experience and it can vary from person to person. I will show some screenshots and calculations to prove that it is possible to earn thousands per month doing intraday trading.
In the given image above i entered in to a sell position on ICICIBANK by spending Rs.442.75/-. With the 10x leverage provided by the platform, i could buy 10 shares. I entered into a buy position at 439.25 there by booking a profit of Rs.35/-.
Now we will do some calculations:
| ICICIBANK price of 1 share | Money Invested (1) | Leverage provided by Upstox (2) | Net Money (1*2) | No. of Shares That can be bought | Profit/Day (after subtracting brockerage + other charges) | Profit/Month |
| 442.75 | 442.75 | 10x | 4427.5 | 10 | 28.13 | 28.13 x 20(days in month)=562.6* |
| 442.75 | 4427.5 | 10x | 44275 | 100 | 286.18 | 286.18 x 20 = 5723.6* |
| 442.75 | 44275 | 10x | 442750 | 1000 | 3286.59 | 3286.59 x 20 = 65731.8* |
*assuming you earn the same profit every day. In real world scenario, this amount can increase or decrease.
So if you invest Rs.442.75/- in the Share Market and with the help of Leverage provided by your trading Platform, there is a possibility that you can earn an amount <=> Rs.657.31/- per month.
So if you invest Rs.4427.5/- in the Share Market and with the help of Leverage provided by your trading Platform, there is a possibility that you can earn an amount <=> Rs.6573.1/- per month.
So if you invest Rs.44275/- in the Share Market and with the help of Leverage provided by your trading Platform, there is a possibility that you can earn an amount <=> Rs.65731/- per month.
So are you really interested and is ready to jump into the world of Intraday Trading ? Read through the following passage line by line and make sure you follow each and every steps before investing. In order to succeed in intraday trading, you need to strictly follow the steps below.
- Open an account in a secure Trading Platform (Use the link Below).
- Learn how to buy/sell stocks.
- Learn Techniques to follow in intraday trading.
- Learn rules to follow in intraday trading.
- Invest some money into your account.
- Start trading without breaking the rules.
Open a Free Demat + Trading Account
Open a free Demat + Trading account from the link here. It requires about 10 mins to complete the process since it is a secure and govt. approved brocker. So don’t be hesitant.
Learn how to buy/sell stocks
- Log on to your Upstox account. Enter your login details and head over to your watchlist.
- Tap on in the buy button in the same row as the stock name.
- Enter the number of shares you wish to buy in the ‘Qty’ box.
- Set Product option as Intraday.
- Select Complexity as CO (Cover Order). Cover Order allows to set Stoploss price.
- Select Order Type as Market.
- Enter Stop Loss price.
- Click on Review Order, then Place Buy Order.
Learn Techniques to follow in Intraday Trading
- Choose the right stocks
- Freeze the entry and exit price
- Always set a stop-loss level
- Book profit when the target is reached
- Always close all your open positions
- Do not challenge the market
- Research your target companies thoroughly
- Time the market
- Choose the right platform
- Intraday-trading-rules
- Process-of-choosing-stocks-through-intraday-trading
- Intraday-time-analysis
- Booking when target price is reached
Don’t worry if you are a first timer or you don’t understand anything. With time you will understand and master everything. Here is the Best Intraday Tips: Intraday Trading Tips and Strategy
Learn rules to follow in intraday trading.
Following rules can be very useful to earn good profits in Intraday trading.
Trading with Fix Plan :
A good trader never jumps into a market without a proper plan for the day. They know their entry and exit points for the day, the maximum loss they will be bearing . By doing so they have a proper goal set in the mind and thus they follow the plan strictly to achieve that goal.
Don’t ever trade against the Market Flow
This happens to everyone , when you see a bullish market , you may start thinking , this is gone very high now and it should fall or vice versa in case of a bearish trend. But do understand if you are conclude without considering all the market indicators and other factors , you are just gambling. And this gambling might give you some profits at times , but mark my words one day you you will loose every penny if you rely on that strategy. So until and unless you don’t have a technical indicator to trade in reversal , never ever trade against the market.
Here is the 21 Intraday Trading Rules You Must Follow for Profits
Now Invest some money into your account and Start trading without breaking the rules. If you have any queries, feel free to ask below.
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