How to speculate the movement of stock with in a day? Answers by professional day traders will be highly disarable.
Buy low. Sell high.
Unless you know something about the stocks you are trading, you are gambling.
Grandpa
Maybe youve bought a forex system or used a trading strategy before and your trading results still werent up to scratch, most likely because they where useless curve fitted systems that have no use in real world trading. The con artists all over the internet never tell you the truth, back tested results are useless!.
January 28th, 2010 at 8:33 pm
Buy low. Sell high.
Unless you know something about the stocks you are trading, you are gambling.
Grandpa
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January 28th, 2010 at 9:03 pm
Day trading is more of money management and strict trading rules.
1.) Never average in loss
2.) Prefer stock which has high risk/reward ratio
3.) Accept if you are wrong
4.) Cut short your losses and let the profit grow.
5.) Try to buy near support and sell b4 resistance. ( different for different time frame.)
6.) Do not over trade.
7.) Do your home work.
8.) Stay updated.
I hav a blog for traders @ http://www.optiongain.ning.com. If you want you can be a part of that group.
.
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January 28th, 2010 at 9:22 pm
Be prepared with the market trend for the day with the news and also news about the stock you pick. You could see the chart to see the trend and buy when the stock moves towards higher and sell when the stock moves towards low. Avoid buying when the stock falls.
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January 28th, 2010 at 10:05 pm
marketbhavisya.com
jumpingstocks.com
anirudhsethi.com
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January 28th, 2010 at 10:52 pm
Dear you may join flashstock05 group (http://in.groups.yahoo.com/group/flashstock05) for free intra day, buy hold picks during trading hours. Its absolutely free
References :
http://in.groups.yahoo.com/group/flashstock05
January 28th, 2010 at 10:59 pm
Dear I can only suggest you one website on them i rely upon http://www.dsij.in.
Dalal Street Investment Journal is really one of the best site that i came across where i found the success rate on Intraday tips or short term tips or hot chips are almost accurate one. I rely upon them even you can check it.
Regards
Amit Kumar
References :
January 28th, 2010 at 11:14 pm
I suggest not getting into Intraday trading. It shouldnt be done on a regular basis an expert says. May be his article Day Trading Vs Daily Trading at Mumbaibull will help you.
Read it at http://www.mumbaibull.com/IndianStocks-InvestorEducation-Day_Traders-416.aspx
They also give great calls and all this for free apart from there premium services.
References :
January 28th, 2010 at 11:43 pm
Hi,
I just started a couple of months ago, I lose money almost every day.
I manage a blog where I document every trade.
Actually I am too looking for some help and I hope that someone will point me in the right direction through that blog.
So if you find anything good please add it in the comment section.
This is my blog:
http://technicaldaytrader.blogspot.com
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