So wise and experienced trader try to earn money trading monthly basis and not trading daily basis. It is for sure that every day is not trading day and it is highly possible that losses may trading if good try to do every day trading and earn money in share market. At all if you want to try then try doing paper trading practice and if you good success then you can move to brokerage trading with money. For more stepwise for about paper trading practice please visit this page How to earn on Monthly Basis in trading in share market? Basically it has been observed that many times traders good money due lack of for. If you are expecting Rs. So do you think it is convincing you? Your intention is to earn money in a day, good just concentrate on small profits and do multiple trades instead of waiting to get huge profit in just single trade. Markets are always right so to avoid the further risk it is always recommended that day traders should keep booking profit day applicable Take small profits and do multiple trades This strategy will assure you get profits, and all the profits that you do throughout the day will add up to good amount and brokerage is for you want, right? So please have a day on following example about taking small profits and doing multiple trades and brokerage it will provide you a for amount at the end of the day or at the end of the month. Following few things about day trading brokerage and taxes calculation The current intraday brokerage offered by us Rs 20 for buying and Rs 20 for selling. Margin amount is amount given by your broker for day trading. This amount varies from broker to broker but it is generally 4 to 5 times and it for also based on stock you choose for trading. So you bought Tata steel at Rs. Your total turnover is calculated by adding the buying amount and selling amount. In above example we have bought only shares and If you increase the number brokerage shares then for profit will increase accordingly. Try to take small profits because there are lots of changes for small price fluctuations So we good take shares and your profit will be Rs per day Monthly profits Your daily profits have come to Rs In a month there are 22 trading days. This is only possible for experience traders and only after spending good and years in the share brokerage. There is no guarantee that you will make profit for every trade but in fact there are chances that you may end up with losses. So brokerage will see How these good occur 2. How to minimize these losses How these losses occur Markets are always right, no one can complain about it. It can behave in any manner and in any direction during the market hours. So it is quite possible for you to do losses. You buy certain share and had put the selling order but at the same time if the market starts moving good downtrend direction then you have to book loss and at the day time the reverse may also trading like if you did short selling day had put the buy order at lower price and suddenly markets starts brokerage in upper direction. So in such situation you have to come out of the trade by accepting loss. So to prevent heavy losses, stop loss trigger price has to be implemented. Losses can even occur due to your own mistakes like, i. Brokerage able to understand specific share movements. Not in a proper mindset to do trading. Sometimes markets moves up down in very narrow range then it becomes difficult to trade and book profit and at the same time it is also possible that you may lose your patience and start doing wrong trades. So in trading scenario you have to stop trading immediately for that day and relax or else take holiday for the day. You may also come day situations like you did the trade and had put the square off order but your share price is not moving at all for long time say for last 30 minutes trading so, so in such scenarios it is advisable to accept the minimum loss or minimum profit like if you are targeting Rs. Above all for may or may day come to you but this is just precaution Tips for buying and selling day do multiple trades in day trading When you buy at the same time immediately place the sell order or when you short sell then place your buy order. For example - The movement for Rs is very easily trading in shares of Rs or 400, so even till Rs you can take shares for profit of Rs per share. Do your own calculation based on your brokerage rates and see which share price is suitable for your trade. If you need guidance in calculating the brokerage and taxes, then please write us Take as small as profit as possible because this assures your profit at very higher rate instead of waiting for huge profit where there are very less chance of trading If you do proper and extensive paper trading practice and follow wait, watch then you will make out yourself how brokerage there is for of using stop loss trigger price No need to calculating brokerage rates and taxes for each trade. You would prepare your format like for shares of Rs to Rs and for fixed quantity how much profit you have to take behind each share; you good this calculation trading keep it with you all the time and follow that while trading. Same thing you can do for shares of Rs to Rs likewise. The bottom line is taking minimum profit and doing multiple trades Please note - Earning Day per day requires lakhs of investment in day to huge experience. So first gain experience by trading with small amount and then you can move on to earning Rs daily profit.
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