Comment on Intraday stock trader par excellence

Madhumitha commented on 04 Feb 2016, 09:56 PM

Hi Bharadwaj,

Congrats for winning the 60 days challenge. It is possible for an experienced trader to make 10% profit everyday by using the margin. You have mentioned that you will exit the position as soon as the loss reaches 1000 ( assuming you are using the margin and total trading value for a trade is 10*50000). How can you exit the trade when it reaches the loss 1000 caused by a narrow change in stock value?

Please check the example below.

Buy 4580*121.3 = 555554/-
Sell 4580*121.1 = 554638/-

Loss = 916 + 228 ( Brokerage and tax)=1144/-

Could you please answer how this possible to exit in such a narrow point change in stock value?

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