Day trading

RECENT NEWS
The Hindu Business Line  Apr 9  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1938 • HDFC BankS1S2R1R2CO
The Hindu Business Line  Apr 5  Comment 
₹1907 • HDFC Bank S1S2R1R2COMMENT 1895188419181930 Consider initiating fresh long positions with a stiff stop-loss only if the stock advances above
The Hindu Business Line  Apr 4  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1884 • HDFC BankS1S2R1R2CO
The Hindu Business Line  Apr 3  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1916 • HDFC Bank S1S2R1R
The Hindu Business Line  Apr 2  Comment 
₹1930 • HDFC Bank S1S2R1R2COMMENT 1919190819401950 Make use of intra-day dips to buy the stock while maintaining a fixed stop-loss at ₹19
The Hindu Business Line  Mar 27  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: ₹1893 • HDFC Bank
The Hindu Business Line  Mar 26  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: ₹1893 • HDFC Bank
The Hindu Business Line  Mar 21  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: ₹1857 • HDFC Bank
The Hindu Business Line  Mar 20  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: ₹1839 • HDFC Bank
The Hindu Business Line  Mar 19  Comment 
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: 10122 • Nifty 50 Futures




 
TOP CONTRIBUTORS

The Art Of Day Trading Stocks

What is day trading? Simply put, it is the process by which you buy, sell and short stocks and end the day with a flat postion. It is the opposite of position trading, where you buy or short stocks with the intention of holding them for an extended period of time. This could be overnight, or possibly months or years in duration.

Techniques

There are a variety of techniques that can be used, among them trading on news before the open, intraday or after the close, momentum trading, fading the open, sector trading, technical trading and so on. Each individual trader, through trial and error determines what their unique strength is, as well as what is currently working in the market. Many times by the time you determine what's working, it no longer works.

Tools

There are a variety of tools that are used, some as simple as stocks in the news in Investors Business Daily. A stock quote service that includes fast, inexpensive and reliable order entry is critical. Tools such as Instinet or other 3rd market sources is equally critical (these third markets trade before, during and after the exchange hours. Pre and post-market they can be thin, particularly on listed stocks with wide bid/ask spreads.). A charting service in which you can insert moving averages suh as the 200-day is also important.

Each of these methods will be discussed, but some of the key concepts to remember are that the trend is your friend (or don't fight the tape), maintaining controls and disciplines (not letting losers run), and buying dips and shorting rallies (nothing goes up and down in a straight line). The bottom line motto to remember is that bulls make money, bears make money and pigs get slaughtered.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki