Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions will usually (not necessarily always) be closed before the market close of the trading day. This is the opposite of After-hours trading. Traders that participate in day trading are called day traders.
Some day traders focus on very short or short-term trading, in which a trade may last seconds to a few minutes. They buy and sell many times in a day, trading very high volumes daily and therefore receiving big discounts from the brokerage. Generally, brokerage rate varies from 0.01 to 0.10 paisa. (Tradology can recommend good brokerage house if any client is interested.) Some day traders focus only on momentum or trends. They are more patient and wait for a ride on the strong move which may occur on that day. They make far fewer trades than the aforementioned traders. At Tradology , we provide momentum trades more often. They are mainly technical call based on research and technical theory.
Day traders often borrow money to trade. Since margin interests are typically only charged on overnight balances, the extra costs discourage them from holding positions overnight. This is what we call margin money. Generally brokers give 5X to 10X exposure on capital. That means if you have 50,000 Rs. you can trade 5,00,000 Rs. position in a day.
We provide day trades for our clients. You will get our calls on your cell phone through our own dedicated SMS server. Generally, you will get the SMS within 5 second after generating the SMS fro Tradology.We will provide yahoo back up too.
Tradology Trade Example SMS for day trading:
Day Trade:(Cash)
Period:1 day
Period:1 day
Tradology:
Buy xyz company @ 1000
Stoploss 990
Target 1012-1020.
Time: 9:00:05 am
Please have same volume for all the day trades given by us in Cash (NSE).
Please have same number of lots for all the day trades given by us in Stock Future, Stock Option and Nifty future.
[We recommend minimum 2 lots (or multiple of 2 lots) in each trade]
[We recommend minimum 2 lots (or multiple of 2 lots) in each trade]
Refer our Tradology Day Trade Plan. (Code: TDT)
Plan Code | 1month | 2months | 6months | 12months | Investment | No. of trades/day | |||
Future (TDTF) | 3000 | 5000 | 10000 | 15000 | 1,00,000 | 1 to 3 | |||
Cash (TDTC) | 2500 | 4000 | 7000 | 12000 | 50,000 | 1 to 3 | |||
Nifty (TDTN) | 2500 | 4000 | 7000 | 12000 | 50,000 | 1 to 2 | |||
Option (TDTO) | 2500 | 4000 | 7000 | 12000 | 60,000 | 1 to 2 |
Get 10% Discount on any 2 service subscription.
Get 20% Discount on any 3 service subscription.
Get 33% Discount on all 4 service subscription.