I’m doing intraday cash trading from last year and moderate successfull so far(generating 15-20% returns on avg/month) i’ve developed my own strategies and have full conviction in my system.
i have started with 23802 Rs/ as my starting capital and right now trading with 1.2Lacs(regular withdrawal happened due to financial crunch)
since my capital is very less at present i’m not facing any liquidity issue(though i trade only in nifty50 stocks)
my only concern is i’m unable to find any experienced person anywhere who is interested in doing intraday cash trading in stocks.
everyone is busy with FnO it seems or in equity either investing or swing trading.
i just have few minor doubt of mine,if anyone is interested please revert so we can initiate a discussion about the same.
Thanks,
AB
15-20% per month is not moderate, it is very high, your CAGR is more than 400%.
It is possible to go from 6 digit to 7 digit, but what time frame are you looking at? If you can make 15% from here on too, your 1L will become 10L in less than 2 years.
The chance of this happening, by analyzing what has happened so far from your past returns, will be explained by experienced investors
I have done rigorous backtesting on my system and spent lot of time only to find anomalies in market and then build my system accordingly. i’m getting more or less similar returns as per my backtesting(done on last 7 years intraday data)
my major doubt is how much amount one can trade in a single trade in equity intraday(in nifty50 stocks) without much slippages issue because based on that i’ll deploy my other strategies and distribute the capital accordingly
if anyone here who has done that in cash market,it would be great to get some guidance from them.