Tips For Earning Money By Day Trading
Before you start investing your hard earned money, you need to really stop and assess your capabilities. Be aware that when you engage in any trading strategy your investment is always at stake. Don’t gamble with your money – plan it out the smart way. Successful investors are successful for a reason. They strictly followed a trading system and stuck to it, regardless what was going on in the stock market.
Today, there are thousands of people who are doing quite well for themselves using day trading. Using profit making techniques, day traders buy and sell stocks. It’s not that simple, of course, because you have to buy as well as sell at the same time.
The More You Know
Even if you don’t have a background in trading, almost everyone can understand the basics. Buy low, sell high, follow trends, and protect your investments. More advanced traders will have full knowledge of the history of exchanges for that given stock and choose a proven stock picking strategy.
Trend Following
In a nutshell, day traders assume that if a particular stock is steadily rising it will continue to rise, and likewise, if a stock is falling it will continue to fall. This can be measured over a prolonged period of time. Thus, traders will purchase rising stocks and avoid falling ones. Don’t worry about having to map up the trend lines on your own. Today there are lots of both free and paid software that are specifically designed for day traders. To find such software you can simply type “day trading software” into your favorite search engine.
Pay Attention To The News
The news has a very profound impact on stock trading. If a particular company has sent out a press release that they have invented a new technology or have acquired another company, its shares may surge. A great way to stay on top of the news for any particular company is subscribe to that companies RSS feed on Yahoo Finance, or to use the Google News Alerts (where you can get Google News to email you news based on certain keywords as it comes in).
Scalping
This is also called spread trading. Usually completed in 12 hours or less, small quantities of a given stock are purchased then the original buyer turns around and sells his shares for a miniscule higher amount than they were purchased for. Not anything to cry home about, but still a good, quick trade.
Covering Spread
This is a kind of leapfrogging of stocks. You buy stocks at the minimum bidding price and sell stocks at the so called asking price. At the end of the day, you will have the same amount of stocks, except that you will have stocks in a higher rated company.
John Morris
http://www.articlesbase.com/non-fiction-articles/tips-for-earning-money-by-day-trading-64186.html
Comments
brother, do not ask this question anybody, you start with d"mat account with any broker, study history every stock rate for last 12 months min. and with help of your general knowledge try to buy small quantam. I lost @ lakh rs. due to tips. I invested in tata steel, birla vxl, and now i am in very bad situation.
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Welcome to trading
do homework read ed.lit learn charts
do mock trading first
get aptistock freeware with
buy sell signal
more details on my blog & other answers
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Go to moneycontrol.com, there you can buy and sell shares without actually paying for or making any profits and losses.
Which shares you wouldl like to invest in depends on the amounts of money you have to iinvest, the amount of Risks your wiling to take (Stock markets have a big element of risks) and your financial goals towards which you are investing. i.e. your investment time horizons.
If you do choose to invest by yourself I would suggest you get a three in one account from IDBI capital, HDFC, ICICIdirect, Remember ICICIdirect is the most reliable but they are also the most expensive. A 3- in 1 account will allow you to have a Demat account linked to an internet trading account and an online Bank account. this way you can trade from the safety of your home or office from a internet connected computer.
If money is not a problem, invest in strong front line stocks like Infosys tech, Reliance, BHEL, State bank of India etc.
If you want to benefit from the stock markets without much of the Risks you would do well to get in through the mutual fund route. That way the Mutual fund managers would invest for you. They have the knowledge and skills of the market. But they wont do it for free, they take a big part of the profits. so dont expect to get all the profits.
Best of Luck and happy investing
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Only trading in Nifty future you will get profit
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This is a sure way to invite disaster for your business. Spend some time studying the market, how it works, which scrips yield high but unsteady returns, which give good but steady returns , etc. Then you decide what kind of returns you want and then decide on your purchases.
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get money from stock market by JOIN YOUR GROP AND GET INTRADAY TIPS AND SHORT TERM INVEST AT NORMAL CHARGE ONLY 3000/- PER MONTH WE GIVE YOUR TIPS BY SMS OR CALL US 09374241955 SANJAY
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simple way to earn money is to buy shares at low rate and sell them at higher rate.(this is not so simple anilmanoharh@yahoo.com)
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Your question is a bit goofy, but I will give you a way to make money…..
HYDERABAD: Thanks to the boom in budget airlines and the travel bug that has bitten the middle class across India, the sale of soft luggage has jumped 25% year-on-year nationwide and a whopping 60% in south India.
“We have seen a tremendous growth in the market for soft luggage,” Sudhir Jatia, director, VIP Industries Ltd, manufacturer of hard and soft-top suitcases and travel bags, told DNA Money.
“And with the boom in cheap air travel showing no signs of abating, we expect the soft luggage sales to be 50-60% of the total market over the next three years,” he added.
The soft luggage market in the country today is pegged at Rs 350 crore.
Another trend seen in the country’s luggage market has been the double-digit growth posted by sub-Rs 1,000 per piece market the same as the 25% growth posted by the premium segment of the market with a price tag upwards of Rs 3,500 per piece.
While the premium segment constitutes a miniscule share of the total market, the sub-Rs 1,000 segment accounts for a massive 35% of the total.
According VIP Industries, which is looking to post a turnover of about Rs 475 crore this fiscal with a market share of about 55-60%, has kicked off an initiative to reintroduce some brands like Alfa and Skybags, that it had phased out sometime ago, apart from Aristocraft which will be marketed through hypermarkets and cash-and-carry outlets.
It has tied up with Metro Cash and Carry to sell these brands in the Rs 1,000-Rs 2,000 price band, a segment that has been lagging in demand compared with top and lower segments.
“We are targeting a turnover in the range of Rs 30-40 crore from the hypermarket sales for these brands compared with the Rs 7-8 crore now,” Jatia added.
Enjoy.
KKP
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Mate first thing to do is not ask for tips for any Tom Dick or Harry in this share business. Read what Dinu and Konka has advised you above. Be wary of those who twll you to buy certain shares. you have to do your own homework and do it well. Good lu8ck.
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It’s very simple in principle. You purchase shares at low prices and sell at high prices.
But what is low and high is comparative and depending on lots of parameters and market + economy trends.
You have to collate lot of information from various sources and then take an informed decision about the investments and speculation. Otherwise you may actually lose a lot of money. Think a lot before you leap into stocks and please don’t listen to market tips and rumours. It’s sure shot recipe to lose the money. Also don’t ask for tips, conduct your own analysis.
Refer to good and authentic websites for latest information. ( http://www.bseindia.com, http://www.nseindia.com, http://www.icicidirect.com, http://www.sharekhan.com provide good information). Read few good books and try discussing with people who have got lots of information about markets.
Best of luck for getting loads of money.
Best of luck.
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just me
Share trading has gotten very easy,
But generating income through it is only possible through the perfect and timely decision with patience, when 2 buy and when 2 sell, what 2 buy and what 2 sell.
There are lot of analyst which offer u their professional services charging some money from u.
Else all the trading and broking houses release there research reports.
Also several reports are available on the CNBC,ZEEBUSINESS, ND TV PROFIT and other TV channels.
Regarding particular advice,
I would request u to open a Trading account with us to avail free services.
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share trading tips will be available from 222.valuenotes.com. But U can earn many lakhs in this site. please try
Well, I am working with MYEARNINGSITE – an email/Post – JOB to earn money from Home , which is giving me a lotz of cash and the earnings are increasing rapidly day after day.
Of course it is needless to say here, that my initial investment of rs.250/- got returned in just 5 days and i hav earned nearly 400 times of my initial investment till today and still it is increasing rapidly daily. Do not miss this Golden chance .
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This is for the people of India and U can earn in Indian rupees.
join this site and be a member and do this very HONESTLY.
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You can earn money from Internet.
There are number of good many web sits which pays really are there. But searching the same in Internet is some what difficult. If U want to avail the facility of the advisor.
Click here to take the help of the advisor.
http://infonetadvisor.blogspot.com/
You may reduce the search time in finding the best web site and you can maximise your earnings.
Rekha S
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use mutual funds
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ocumancer
March 17th, 2010 at 1:42 am
how to earn money from share trading in india give me tips for which stocks to purchase?