Does Intraday Equity trading success even exist? – Trading – Trading Q&A by Zerodha

The aim of this submit is to clear my self doubt and get opinions of skilled merchants on this group.

I began energetic buying and selling (small dimension trades solely) in 2018 and since then I’m studying rigorously. I’m not good in choices and discover it difficult as properly, so by no means thought of it. Earlier than 2018, it was occasional & beginner sort buying and selling solely.

I simply wish to know if there may be something like profitable intraday buying and selling in fairness solely? In all these years I discovered that every one the boards are stuffed with possibility merchants sharing their success tales? Why Indian fairness market is stuffed with possibility merchants? I do know that the intraday fees are excessive in fairness buying and selling once we examine them with F&O or swing buying and selling. However, is that the one cause or there’s something else? Possibly lack of quantity or volatility?

Coming to my self doubt half. I used to be making 7-9% each month from final 6 months or so and began growing my commerce dimension. Quickly I realised that I’m simply making 0.88% a month in spite of everything the associated fee deductions. I used to be not taking a look at price whereas training earlier as a result of I assumed it’s meaningless to think about price whereas training with small trades.

So, principally one has to take out 10-15% a month to achieve 5% return goal in fairness buying and selling.

Are you able to guys share some references of profitable intraday merchants significantly in fairness solely (if there are any)? Do they face price points too?

Because of this you do correct backtesting with all the prices concerned.
when you do that, you may be shocked to see that the price of buying and selling will eat up wherever from 20-50% of your buying and selling capital.

you’ll be able to have worthwhile technique however that doesn’t imply you may be worthwhile in spite of everything the prices of buying and selling.

Too many leeches in our nation.

Looks like transaction price is killing you. Swap to a free cost dealer like Finvasia. That can prevent Rs.40 per two approach commerce. Whereas one can’t put off what trade or govt levies, brokerage is one thing we are able to do with out as there are alternatives out there now for a similar.

Intraday Fairness is feasible, I’m worthwhile for few years with one system and now have one other working system too. However sure prices add up rather a lot. They esp damage extra in mediocre years when your margin reduces, and proportion of expense vs returns will increase.

Greatest to incorporate expense in your backtest after which attempt to enhance edge/commerce. Slippage can be a value too, and have to be a part of backtest. Slippage will depend on contract dimension, however roughly you may make it equal to mounted obligatory prices.
Even in spite of everything of this, dwell outcomes might be decently worse than backtest because of knowledge errors/optimization to noise/extra competitors. So that you want a extremely nice wanting backtest to get good precise returns.

You may also strive inventory futures.

I did thought of doing this after checking your posts right here and on Dhan. However, Finvasia is just not providing commerce from charts and in my day buying and selling I miss alternatives when I attempt to create orders manually. Similar with revenue reserving and every time the order slips. It’s fairly straightforward and quick to handle all the things on charts than managing them in a conventional approach.
Even Mstock provides 0 brokerage plan, however they’re additionally missing commerce from charts characteristic.

Btw, do you suppose that there are profitable fairness intraday merchants in India? By profitable I imply majority of returns coming from fairness intraday solely.

Good to listen to that.

By years, you imply to say greater than 2 years?

And, I’m not positive how you can backtest value motion as my trades rely upon value motion solely. Indicators involvement is minimal in my commerce selections. I additionally tried streak, however expertise was not good as they barely present correct directions to create algo steps and majority directions are indicator dependent.

I by no means tried futures. I assumed I’ll enter into that section as soon as I’m able to print some good earnings. As quickly as I noticed many of the earnings getting washed away in the associated fee, my confidence dropped. I began feeling like this intraday fairness is just not for me. I’m not giving up, however absolutely doubting my efforts and selections now.

Btw, you’re doing futures or money trades on intraday foundation?

it’s miserable, how can it take so lengthy to get the understand how

both one is just not comitted or severely missing luck

in these 5 years, bro sutta phook raha tha kya?

haven’t seen anybody with 5 years of expertise & asking dumb questions.

thus received interested by you

Dhan has buying and selling from charts and Rs.10 brokerage for ladies. So in case you can faucet that chance it can save you Rs.20 per two approach commerce and have commerce on chart characteristic.

Personally I don’t know anybody buying and selling shares and making constant earnings. However it’s cheap to imagine that there must be few folks like that.

2 years of systematic – i began with critical capital from early 2020 simply earlier than covid fall.
1 yr of semi discretionary earlier than that – traded with small capital however made some small cash – sufficient to purchase an affordable laptop computer
Earlier than that was studying for a few years ( 5+ ). By itself worthwhile interval isn’t that a lot however i’ve expertise now and have made respectable cash too with out taking undue danger.

Yeah nothing may be executed, you’ll have to make some critical efforts in again/ahead testing with discretion manually. So take trades, log them and consider whereas staying constant. Its loopy quantity of labor if you wish to strive completely different variations of the system or maybe to strive some tweaks – as you’ll have to confirm every rule over respectable pattern dimension.

I couldn’t do that and didn’t actually have any clear understanding of how buying and selling works whereas i used to be making an attempt.
Main enchancment occurred solely as soon as i began complementing discretion with statistical checks, ultimately ended up shifting to totally mech system with automation.

There is no such thing as a compulsion to commerce shares intraday. You possibly can strive different issues the place prices are low. That’s in all probability why most merchants commerce index choices now. Its additionally rather more liquid than shares and that’s vital for scaling up.
Inventory Futures has decrease stt in order that’s respectable cause to commerce it however it might solely be executed as soon as you’re prepared as you have to to place capital. And place sizing with be harder. And in addition leverage is way decrease right here.

Intraday money solely proper now however will work on shifting a few of the capital to inventory futures after Aug 1 as peak margin guidelines ought to get manageable.

This may be executed. I’ll attempt to open that account.

That’s the reason I’m dealing with self doubt state of affairs. Each single day I take into consideration switching to choices as majority proves that fairness buying and selling is harder.