how to trade index?

Question

what r requerments to be expert trader?

Answer 1

Hi there,
Trading Index is NOT different from any other form of trading e.g - individual stocks or options or futures etc.

If you want to be a good trader, you need:
# Education - on the market
# a healthy Trader's philosophy
# a Trading Plan
# Excellent Money Management rules
# Dicipline to stick to your plan.

As beginner traders and also who are in trading business for sometime searches for the "Holy Grail" - an elusive or "secret" method which rerturns profits everytime and never fails !!
But its a trap !! - No such system exists in the world.


But let me tell you something - Holy Grail does exists !!!
And the holy grail is - YOU.
Yes your trading career depends 100% on you and NOT on any 'secret system/plan/method' of trading.

I wud like to keep it short, hence,

bye

Answer 2

Education, discipline, and good money management skills.

Plus, experience will help to go from a good trader to an expert trader. Knowing the patterns and recognizing the subtle market signals are all part of experience.

Good luck!

Answer 3

Best is to do intermediate term timing with ETFs.

Nifty trading with F&O requires a lot of skill and at the end of it you can make it big, or lose it all.

ETF trading does not have one loser, one winner model. So, everyone can win over time assuming market goes up.

F&O has one winner for each loser. So, there are 50% loser for each contract that expires.

Where do you think you want to be for 'trading index'?

KKP

Answer 4

do not trade in the index. Index is only for hedging purpose. If you only play in the index you will get lose and all your investment will reduce to zero.

Answer 5

perseverance and a lot of capital