Can anyone suggest a zero loss or minimal loss strategy for intraday trading?
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Can anyone suggest a zero loss or minimal loss strategy for intraday trading?
Stock Market is a probability game, there is no holy grail strategy and there will not be any strategy in the future too.
If there is a no-loss strategy, why would all the rich people in the country invest in businesses and other income sources. Instead, they would have invested all their wealth in the stock market.
Even if you buy and sell the stock at same price, you will have to pay the brokerage charges, STT, and other charges.
So, never ever expect a no-loss strategy in the market that too in intraday.
Of course, there are some low risk strategies that also give low returns.
Recently, I came to know about a foreign website where the bot does the trading instead of a human being. The script in that website was written such that it closes the position when the overall loss is “0”.
It holds the position until it is positive.
I don’t want to mention that site name, because I have not yet taken any trade on that site.
But, my friend invested around 1.5 lakh, he is getting a return of about 3-4% per month.
The good news is till now he has not seen a loss month. But, we can’t trust these foreign sites.