i am interested in intra day trading in equity.give me some basic tips to do positive trading?
i am beginner...do want to go for long term trading option.want to start with small capital in order to learn.
Public Comments
- If you intend to use a UK broker, forget it .. here charges are too high to make it profitable (plus the Government steals 0.5% 'stamp duty' = Tax on every purchase .. might not sound like much by when you start day trading yoiur are doing dozens of purchases/sales every day) ... In UK, instead of Day Trading you can go for Spread Betting .. (actually, it's the same as day trading but without the purchase/sale of shares so it's classed as gambling, so no 'stamp duty' involved ..)
- Intraday trading is too risky especially for a beginner like you. Sorry to say, but one thing you will learn for sure is How to loose money quickly ! One way to learn stock trading is to open a dummy account with a trading simulation website.
- think positive, have patience
- ya u can go for intraday trading but always use tips of the experts. and also see the big news related to stocks and stock market for intraday u must remain connected to the market form the opening to closing and make use of stop losses and targets and short sell etc.... have a nice trading
- Intra day trading is not advisable. But if you want, than buy stock which you want to invest only,and "IF" this stock going high at intra day,sell it and book profit.otherwise get delivery. Don`t belive in tips & TTTTTTTT !!!! Read company`s annual reports etc.
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