This Thread is to trade in Intraday only. We will use the Margin given by the broker. I sincerely suggest you guys to monitor the trades for 5 trading days although i am entering into the trade. If 80% of 5 trading days was successful, i.e. 4 successful trading days then you guys can start trading. I will suggest two stocks one for buying and other for selling. 100% Hedging is required. Divide your investing capital into two equal parts. If you use your amount of Rs. X/2 for buying the same amount should be used for selling. We will get a margin leverage of 8 to 9 times depending on your broker. Personally i am not keeping any stoploss. Depending on the market volatility conditions trade will be generated. Sometimes trade may not be generated. I am trading in equity, but if you wish you can also trade in futures. I will refer to the spot price. You can start with any invested amount with minimum capital of 10,000 Rupees.
Our running capital = Rs. X
Trading capital = Rs. 9X. (4.5X for buying and 4.5x for selling)
Profit target is 5% to 10% of X.