Some FAQs - 1. How many trades in a day? Answer - Purely dep | SEBI Registered Investment Advisor - Vinod D | Traders and Investors

Some FAQs -

1. How many trades in a day?
Answer - Purely depends upon the technical setup during the session. We minimum attempt 2 trades and further it depends upon the ongoing setup and momentum of the market but not more than 5 trades a day.

2. What time do you trigger the trades?
Answer - Market never waits for any traders to get free and enter into trade. Trades cannot be timed but triggered as and when the technical setup / breakout / down / reversal / retracement takes place.

3. How much profit will I make everyday?
Answer - In trading you cannot expect profits EVERYDAY. If everyone was supposed to make profit EVERYDAY why would anyone work or run a businesses in various domains. So think sensibly and expect accordingly. Yes, with better technics, discipline and experience you can have more number of wins than losses. Wrt profits, we look forward for 45-60 points gain on BankNifty to book partial position and trail the rest. On Nifty, we look forward for 16-20 points gain to book partial position and trail the rest. However, the short covering move provides an opportunity to achieve 100-150 points on BankNifty and around 35-50 points on Nifty but that depends and does not occur everytime.

4. How much losses or how many point SL do take?
Answer - For BN we trade with SL of 50-60 points SL and on Nifty with 18-20 points SL.
After entry, if momentum fails to move towards the expected direction we mostly pull / exit the trade before it reaches the SL.

Join me to trade technically with discipline and guidance.
Sorry, I cannot support and fulfill anyone's gambling expectations.