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Very New .What is day Trading?Do u need heavy amount of funds?

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  #1  
Old 29th November 2007, 12:57 PM
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Default Very New .What is day Trading?Do u need heavy amount of funds?

I have seen so much written about Day Trading.Please explain what Day Trading is and the procedure .Does it need large amount of funds.Does ICICI Direct allow it .How is it done on ICICI Direct of HDFC Securities? Please ??
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Old 29th November 2007, 01:11 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Please don't go in for day trading as you are new! Start with equities!
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Old 29th November 2007, 02:15 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Thanks for the advice , but my question still remains unanswered.Can u refer to any site where the answer is available.
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Old 29th November 2007, 03:31 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

IF you have ICICI direct or HDFC sec account, then you are allowed to do day trading.
You can refer to some thread in this forum to see how it can be done in ICICI direct

For HDFC sec, You can refer to day trading features in welcome page
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Old 29th November 2007, 06:42 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Day trading is extremely harmful for your financial health ( without proper system in place)
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Old 29th November 2007, 06:44 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Quote:
Originally Posted by suba_stocks View Post
bala!

posting emails are banned in this forum....so please note this point ..it is possible that you may be banned too.

didn't you read traderjis post?

regards
suba
Why do we need to post an email ID in an open forum when there is a pm facility .
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Old 29th November 2007, 10:32 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Quote:
Originally Posted by uasish View Post
Day trading is extremely harmful for your financial health ( without proper system in place)
But, cant the same be said of all types of trading?
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Old 29th November 2007, 10:53 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Quote:
Originally Posted by CreditViolet View Post
But, cant the same be said of all types of trading?
In day trading people can loose quickly to be bankrupt,as compared to other types of trading,with flawed systems in place for both d cases,as d trader has to square off within a day, with loss mostly,wherein other cases traders become investors after seeing their holdings going d opposite direction they wanted.Here they can go to d Mandir-Masjid-Church-Gurudwara,and pray to God,which shall be fulfilled,if they can convince Him/Her.This process can take weeks.But in day trading.......
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Old 29th November 2007, 11:38 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Quote:
Originally Posted by hari09omkar View Post
In day trading people can loose quickly to be bankrupt,as compared to other types of trading,with flawed systems in place for both d cases,as d trader has to square off within a day, with loss mostly,wherein other cases traders become investors after seeing their holdings going d opposite direction they wanted.Here they can go to d Mandir-Masjid-Church-Gurudwara,and pray to God,which shall be fulfilled,if they can convince Him/Her.This process can take weeks.But in day trading.......
It is easier to find men who will volunteer to die, than to find those who are willing to endure pain with patience - Julius Caesar
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  #10  
Old 29th November 2007, 11:45 PM
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Default Re: Very New .What is day Trading?Do u need heavy amount of funds?

Quote:
Originally Posted by hari09omkar View Post
In day trading people can loose quickly to be bankrupt,as compared to other types of trading,with flawed systems in place for both d cases,as d trader has to square off within a day, with loss mostly,wherein other cases traders become investors after seeing their holdings going d opposite direction they wanted.Here they can go to d Mandir-Masjid-Church-Gurudwara,and pray to God,which shall be fulfilled,if they can convince Him/Her.This process can take weeks.But in day trading.......
LOL...
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