sentinel prime wrote:sorry to say you can't daytrade the NSE. 2% fees,3 day settlement,no leverage and poor execution.
you can try learning Forex or futures,with the latter requiring at least $5000 minimum balance.
I'm so amazed most people don't know this options exist.
Next you have to buy(cracked shhhhh!) backtesting software .Best is Amibroker but you need to learn C#/AFL language.
let the games begin.....I'd be amazed if you can find a quantifiable edge in less than 2 yrs.
This game is so simple its wickedly hard. You have pros against pros,what are your chances?
I don't want to discourage you but the facts are that about 2% of players are net profitable after a decade.
It's the hardest way to make money.
If you learn C# or any other programming language won't you just need data? I agree,already investments and programming are starting to meld(e.g. High Frequency Trading) but the next challenging group is IT financial gurus who do it independently.
How do you compete with someone who utilizes software that reads news,information and other publications and makes trades with it faster than you can read the information.
Uncertainty is certain.Let go