Comment on Nithin - Zero to Zerodha

Usually scalpers do much more than 20 to 100 trades a day. usually if you have a fixed point of profit, it is very tough to net net make a profit. Every once in a while (luck or law of averages), even as a scalper you get into one of those moves that you need to hold on for longer. The best way if at all you want to have a SL is to have a trailing SL, which is once in profit never let it go into a loss, but run ur profitable positions with the trail. OI studies, hmmm.. didn’t work very well for me.
As a scalper the % returns can be spectacular, but the issue will be with scaling up the trading size. So if I can do x% with 1lk, it will be very tough to do it with say Rs 5lks. To be honest 2008 was the black swan year for me, I managed to stay in the right side of market moves more often than not. The volatility in the markets was so high that if you caught the right direction, rewards were extremely big. Those kind of years come only once in 5 to 7 years. Don’t want to give you a number to the % returns, because if I do people reading will think it is possible regularly.

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