MoneyRain

What is trader Requirements for Stock/Commodity trading

NSE:YESBANK   YES BANK
217 2 6
I am writing this after knowing many people who have messaged me about the training course but they do not have basic requirements for Trading
This information is only for Day Trader/ Short term swing traders , Not suitable for Investors
Day Trader
Capital for Cash/ Future Market day trading is required -5,00,000 as investment
Equipment- Laptop or desk top , with 80 GB             RAM, 4 GB             Graphics Card , and USB             Multi Ports system ( Approximate Cost around 75,000)
Broadband with speed Minimum 40 MBPS (2500, initial cost)
UPS:500 Watts , 6 hour back up (Approximate Cost 15000)
for day trading you need high Gaming configuration Computer or Laptop because what you get as feeding is Live data which are important and should be error free
Software: Scanning software for various settings and Options , Usually its cost around 1000 Per Month
Intermediate Swing Traders
Capital for Cash/ Future swing trading is required -10,00000
Equipment as same as Day trader which will be an cost of 1,00,000
Unless you have these you are not fully refereed as Day/ Swing trader
the Person him or her who is having less than this must not risk investment and also trading on their own for such short term basis , They can be medium term investors on small to large and can take benefits out form earnings
When i saw many who messaged me saying they have the capital but do not have knowledge Go to Education section in Trading view and get the link for free webinar and also try to learn before entering live in the market , and practice here in Trading view , its not costly its free to post here and check before you take live trade
Good luck

Comment: Yes Price made a small Flag , then broke ,
Friends one person asked why it did not fell after i post and why if fail after moving very little , price never moves in straight line and they tend to make a small pattern before they make move , as analyst we forecast the move before it make its move , but we enter only with the confirmation and exit on trailing stop or with the confirmation ,
today everyone can do it on mobile also .The major requirements are discipline and conviction on the trade.
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MoneyRain divyankG
@divyankG, Yes , true ,
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