MAKER'S OF MODERN TRADER!


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     GETTING STARTED
 
 
   GETTING STARTED || STRATEGIES || INFRASTRUCTURE ||TRAINING || FOOG FOR THOUGHT || DISCIPLINE
   PIT FALLS TRADING || TRADING ROOM || GREATEST INVESTOR || STOCK MARKET HISTORY || CHECK LIST
MAKER'S OF MODERN TRADER

INFRASTRUCTURE:-

A new home is only as good as the foundation it sits on, a poorly constructed foundation will certainly detract from not only the homes appearance but its functionality. The same holds true for quote and execution systems, & Real time technical analysis software for Day trading. signing up for a low price quote system which are inaccurate and slow data and do not perform when we require it most most and at times are cumbersome to navigate.

The most important part of a traders profession is his/her quote system, especially if you are an active day trader who trades o.45 % to 2 %, Profits, by com competing with the best and brightest in the world that have high speed data lines etc. You either play in their domain or lose money as a result of them having quicker more reliable data.

In all fairness, the on-line brokerages are wonderful vehicles for the individual who does a few trades a week, but if you are a very active trader, 20-30 trades a day, you need to be executing on an NSE Terminal oer BSE Terminal for speed consistency and reliability.

We give below the cost comperasation of the indrastructure for Online and end of the Day trader.

Professional Traders: Infrastructure Cost per Month
Sn
Cost Range
Cost Per Month
1 28,000 45,000 770-1250
2 4,500 7,000 125-200
10,000 12,000 333
3

 

3,500

 

4,500

 

3,500-3,500

 

4,000

 

500- 2500

  422   4220-6,222
       
  5,945-12,116
Depreciation for Computer and software considered if for 3 years. Per month cost of the complete system goes anywhere from 6000- 12,000. Considering Rs. 6000 /-as the monthly expense one has to make minimum profit of Rs. 275-300 Per Day. This is a break even cost for the Professional Trading Business.
LEARNER:-If you are learner and have gone through the Day trading technique you can paper trade and on getting confidence start trading with small lots of Rs. 1000-10,000/-.
EXPERT:-One can start to trade for volume above 500 Shares of Rs 100/- to be rotated from 4-20 times maximum as per the market movement and style of trading. We advise you to have minimum but good trades.
Investors/ position trader: Infrastructure Cost per Month
Sn
Cost Range
Cost Per Month
1 28,000
Per No
45,000 770 -1250
2 10,000
Per No
12,000 333
3

 

300

 

500

 

300 - 500

  275 850 275 - 850
       
        1678 - 2933
  Depreciation for Computer and software considered if for 3 years. Per month cost of the complete system goes anywhere from 1800- 3100. Considering Rs. 1800 /-as the monthly expense one has to make minimum profit of Rs. 6-11 Per Day. This is a break even cost for the Position Trader or an Professional Investors.
Fund Requirement.
1 LEARNER:-If you are learner and have gone through the Day trading technique you can paper trade and on getting confidence start trading with small lots of Rs. 1000-10,000/-.

2 EXPERT:-One can start to trade for volume above 500 Shares of Rs 100/- to be rotated from 4-20 times maximum as per the market movement and style of trading. We advise you to have minimum but good trades.