Simple & Effective basic method for Day Trading for new players

Take a position in Nifty Futures (or miniNifty, for new comers)
WHEN the risk is minimum,
ON THE SIDE where risk is minimum
WITH 1% STOPLOSS.

Book profit anytime when u r happy with the profit.
Play with only that much money which u won't mind losing.

Follow this method like a machine, NO QUESTIONS ASKED, zero emotions..................

I have seen this simple technique work 7-8 out of 10 times.......................

Remember, the risk is minimum when
a) with the trend or
b) opposite to the antitrend-stretch

Using this technique all new comers can use to wet and set their feet in the stock market.

Starting with stocks in DT is dangerous than starting with nifty. because nifty is average of all and evens out the shocks.

Keep improving this technique as per ur own style, learning and experience....

don't keep changing the method too often or at the drop of the hat.....

Have courage to lose it you want to profit.....Remember, there is always 50% chance of winning..

Treat loss as the fees u pay to learn and master the technique. i have seen people pay 50 lacs for MBA!!!