As Government remained stalled on lack of decisions, the economy remained hung, largely reflecting global uncertainties and the stock markets became lacklustre, reacting to global market movements only.
As Nifty moved up and down in a range, Intraday traders simply had to give up trading or shift to longer term speculative positions via Options. Earning daily, as few millions do, became difficult.
The situation was aptly summed up by one of my students who called me in anguish, 'How can we earn in a market like this?' he asked.
That prompted me to look at the market and the trading system in a fresh way and began an experimentation with methods and instruments which, 3 months later, delivered the reply: Nifty Options Gold Hunt.
Using Options, instead of Nifty which still cost around R 25,000 to R 26,000 per lot; I devised a new strategy. It takes only about R 20,000 to make a decent income of around R 1,000 - R 1,200 a day. With R 30,000 as trading capital, income can go up dramatically to R 2,000 - R 5,000 daily.
Now came the question of implementation. I selected 2 forms. 1. Training on the new system and 2. Trading Calls. The obstacle was a mighty one: brokerage. Options brokerage is heavy and my strategy called for multiple trades and multiple lots. That would push up brokerage costs to at least a couple of thousands a day for a trader aiming for R 3,000+ income daily.
That solution was also available. I spotted a highly professional, technologically advanced group consisting primarily of 2 brothers who were mostly working in US markets. A tie-up ensured unlimited trading on Nifty F&O as well as Equity F&O on a fixed monthly brokerage of R 2,200. However, government levies and taxes will be applicable. But then, July had seen a cut in STT on Options and hence taxes and levies would form just about R 5 in a R 50 option.
The Training s essentially on PRISM Intraday's near 100% accurate trading system. It consists of identifying the right entry points for Options and covers strategies, loss control and money management. To keep training costs down to R 12,000 only, I have taken the Cloud based Digital Learning system of Cisco. I am also contemplating opening up several training centres across the country using high definition video conferencing and hope to be able to offer that also within a few months.
The daily evening training is followed by live trading practical sessions during live market and after 7 days, the Learner will begin to trade on own, fully supported with Trading Calls for free for the next 1 month.
The Learner may continue on his/her own after 1 month but those who wish to get the Trading Calls on Nifty Options Gold Hunt - a Learner or not - can now subscribe for R 2,000 per month.
And to maximise their profits, they can always trade through the designated broker and enjoy huge savings.
I am launching this scheme on all India basis. I would be interested if an entrepreneur wants to join as my Franchisee in major towns to promote this proposal. Beside promoting the new fixed brokerage a/c with or without Trading Calls , the Franchisor will also promote the full range of my training program costing R 45,000, R 35,000 and R 12,000 too and can pick up substantial share of the trading fees too.
Importantly, each time the Franchisee picks up a client, the Franchisee earns a hefty finders' fees plus during the whole year, the franchisee earns a fixed monthly amount every month on which the client trades. So there is a perpetual income.
I intend to support the franchisee with advertising sharing and provided the franchisee can book even a couple of my training, s/he will be happy with the income too.
The details are on www.Prismintraday.com and about the training on www.Daytradingfunda.com.
As Nifty moved up and down in a range, Intraday traders simply had to give up trading or shift to longer term speculative positions via Options. Earning daily, as few millions do, became difficult.
The situation was aptly summed up by one of my students who called me in anguish, 'How can we earn in a market like this?' he asked.
That prompted me to look at the market and the trading system in a fresh way and began an experimentation with methods and instruments which, 3 months later, delivered the reply: Nifty Options Gold Hunt.
Using Options, instead of Nifty which still cost around R 25,000 to R 26,000 per lot; I devised a new strategy. It takes only about R 20,000 to make a decent income of around R 1,000 - R 1,200 a day. With R 30,000 as trading capital, income can go up dramatically to R 2,000 - R 5,000 daily.
Now came the question of implementation. I selected 2 forms. 1. Training on the new system and 2. Trading Calls. The obstacle was a mighty one: brokerage. Options brokerage is heavy and my strategy called for multiple trades and multiple lots. That would push up brokerage costs to at least a couple of thousands a day for a trader aiming for R 3,000+ income daily.
That solution was also available. I spotted a highly professional, technologically advanced group consisting primarily of 2 brothers who were mostly working in US markets. A tie-up ensured unlimited trading on Nifty F&O as well as Equity F&O on a fixed monthly brokerage of R 2,200. However, government levies and taxes will be applicable. But then, July had seen a cut in STT on Options and hence taxes and levies would form just about R 5 in a R 50 option.The Training s essentially on PRISM Intraday's near 100% accurate trading system. It consists of identifying the right entry points for Options and covers strategies, loss control and money management. To keep training costs down to R 12,000 only, I have taken the Cloud based Digital Learning system of Cisco. I am also contemplating opening up several training centres across the country using high definition video conferencing and hope to be able to offer that also within a few months.The daily evening training is followed by live trading practical sessions during live market and after 7 days, the Learner will begin to trade on own, fully supported with Trading Calls for free for the next 1 month.
The Learner may continue on his/her own after 1 month but those who wish to get the Trading Calls on Nifty Options Gold Hunt - a Learner or not - can now subscribe for R 2,000 per month.
And to maximise their profits, they can always trade through the designated broker and enjoy huge savings.
I am launching this scheme on all India basis. I would be interested if an entrepreneur wants to join as my Franchisee in major towns to promote this proposal. Beside promoting the new fixed brokerage a/c with or without Trading Calls , the Franchisor will also promote the full range of my training program costing R 45,000, R 35,000 and R 12,000 too and can pick up substantial share of the trading fees too.
Importantly, each time the Franchisee picks up a client, the Franchisee earns a hefty finders' fees plus during the whole year, the franchisee earns a fixed monthly amount every month on which the client trades. So there is a perpetual income.
I intend to support the franchisee with advertising sharing and provided the franchisee can book even a couple of my training, s/he will be happy with the income too.
The details are on www.Prismintraday.com and about the training on www.Daytradingfunda.com.
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