How much can be earned on just equity market

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playdime

Hello all,

I have stopped investing from 2016 after redeeming my equity shares and closed my Dmat account too.

Now thinking of doing daily equity buy and sell in small scale with GROWW or similar app.

Do you think if i keep aside 20000 for this , would i be able to earn 500 rs on an average ?

Same day buy and sell of equity will work?

What do you think i should do to just earn 500 a day with 20000 as my daily investment?

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IMG-20240523-WA0024todays
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IMG-20240523-WA0024todays
Brand Enthusiast Brand Enthusiast
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No F&O. 

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Deal Cadet Deal Cadet
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Intraday and even short term "trading" can be as stressful as being a stunt pilot in a modified plane or riding a vehicle in a 'well of death' (maut ka kuan) in a village fair.

Not fo mention that you are approaching it from a very different perspective.
Especially after entirely giving up on equities or maybe not even studying daily news, markets.

Also that platform you mentioned, seems a bit dicey to me.
It may or may not be there in the future. But it is too aggressively doing the se things aa most 'in a hurry' businesses have done. It has a lot of Peppertap, Byju vibes to it.

Also, if one considers 25 days a month to work on, then you are hoping to get 12,500₹ side income stream a month.. from day trading.

achievable: yes.
feasible: given the kind of uncertainty you seem to have and the doubts you have: NO!
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IMG-20240523-WA0024todays
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How much you invested and in how much time you earn this much

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20000 is nothing for cash and carry, u can do intraday with 20000 but there is risk and reward too.

Brand Enthusiast Brand Enthusiast
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Yes i know, just intraday with stocks, no F&O.

Deal Subedar Deal Subedar
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hmmm these days better invest and forget lol

day trading is for the thrill seekers, we are just wanting to earn money right, so avoid thrill seeking

and you will earn lots from growth simply by investing and forgetting

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Brother it's not about 500 or 5000 .....

You should think about knowledge...

What should I learn daily...

You will loose this money of 20000 if u do intraday in maximum 6 months  .. if u do options then it may erode faster... ..

I m not discouraging you but these are history numbers  ...

If u think u r extraordinary and outsmart the market then very good....

I wish you to go on journey of learning.....

Brand Enthusiast Brand Enthusiast
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I am not denying it and cannot outsmart market. I know my limitations   hence this query

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Deal Subedar Deal Subedar
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Is it possible? Yes. Every once in a while.

500 on 20k intraday is a bit much. You have to be very good at spotting stocks that can rise 1 to 3% intraday consistently.

That's not very doable for people to do it casually.

100 on 20k is more attainable.

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IMG-20240524-WA0037
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Why P&L showing +400% ??

It should be Below 100 na or i am missing something

??

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You can earn 3-5% a month. But with this capital you will endup in -ve even if you earn this much ,due to taxes and brokerage.

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buy zaggle on monday at pre-open mrkt, below price 315 and wait till 340.

Critic Critic
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IMG20240530132847
Either monu is operator who does completely opposite of what he says or he randomly buys stocks.
I have lost huge money to 1st kind of people many years ago.

Free advice is the worst kind of advice, so people here who are asking which stocks to buy, you will soon be in huge loss.
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Deal Cadet Deal Cadet
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Never believe these types of screenshot. Tell them to share 6 or 12 months verified P&L. Start investing instead of trading if you want to create wealth. Trading will take your mental peace also unnecessary headache.

Deal Cadet Deal Cadet
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for intra day trading you need a capital of atleast Rs 1 lakh. You have to specialise in watching only 3-5 stocks below ₹200 bank,metal stocks,

My calculation is =since I get 9% in fd interest (small finance banks -senior citizen), for taking risk, you need minimum double the interest or 3 times. I work on a weekly basis. 95% of my liquid networth is in bank FD.

I play with rs 5 lakh intra day just for entertainment (@9% Rs 865 weekly interest to break even - I do mkae ₹3-5000 weekly) (just to keep me sane & occupied ) I have played expiry weekly option on nifty /banknifty before (lottery ticket) .I have played silver, natural gas and crudeoil before. (big loss when you leverage -widow makers) Now this Financial year I want only  simple twice or 3 times bank FD int . some stocks do give 10% in 4 weeks both up or down. but you need patience to sit on profit and wait. I dont have patience. so hit and run tactics only. I file ITR-3 with stock trading as a business .

nowadays strictly switch off laptop at 3.15 pm for peace of mind and to do other things in life and relax for the day. No evening trading the commodities till midnight. Paisas add to make ₹. INTRADAY trading in a commission free broker counts. pay Only govt taxes. all Brokers makes money in interest on the client's un used balance. But that is the price i have to pay to be in the game . 

in Rs20000 >better blow it up in fine liquor , women or fine dining.you will atleast cherish the memory!😄

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Brand Enthusiast Brand Enthusiast
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As you said, you are retired and leading relaxing life and get your mind work you are doing it. Great! Not the case with me and i have responsibilities to fulfill.

The last para is definitely not for me and i never imagined both in my life and if i had to i will not cherish , but rather they haunt me for rest of my life. 😀.

So final word thank you sir

So i am conservative with deceived modern outlook

Tech Guru Tech Guru
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Now thinking of doing daily equity buy and sell in small scale with GROWW or similar app.

For lousy 500? You ll lose it all. 

Tech Guru Tech Guru
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Learn about technical analysis. Recently I have shorted Siemens and bought banknifty. I made very good gains. Yearly 5-6 good trades is way better than daily trading. 

Brand Enthusiast Brand Enthusiast
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Only thing i know is equity market. I dont know trading and i am not trader

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Comrade Comrade
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Low risk and solid returns.

If you have less/no time for research then go for Gold bonds, govt bonds, Mutual funds, ETF's for long term.

Note : Qty is showing zero because I have pledged the scripts for margin benefit.

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