Intraday trading

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  #1  
Old 18th February 2008, 08:40 PM
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bhagya1969 is on a distinguished road
Default Intraday trading



Hi,

I am a new entrant in the intraday trading. I used to pick reputed shares when they are down on a particular day and sell it off when the price picks up next day. But due to volatility in the market it has not given a good result. Please share your views in the intraday trading.

Regards
Bhagya

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  #2  
Old 19th February 2008, 12:03 AM
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bjj9126 is on a distinguished road
Default Re: Intraday trading

Quote:
Originally Posted by bhagya1969 View Post
Hi,

I am a new entrant in the intraday trading. I used to pick reputed shares when they are down on a particular day and sell it off when the price picks up next day. But due to volatility in the market it has not given a good result. Please share your views in the intraday trading.

Regards
Bhagya
First you have to Learn Swing Trading (for short term) then after enter the Intraday,

Otherwise.....

YOU WILL NOT HAVE MONEY IN YOUR POCKET TO DRINK EVEN TEA


Happy Journey,

Prakash
(bjj9126)

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  #3  
Old 19th February 2008, 07:25 AM
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fast_rizwaan is on a distinguished road
Default Re: Intraday trading

Quote:
Originally Posted by bhagya1969 View Post
Hi,

But due to volatility in the market it has not given a good result. Please share your views in the intraday trading.

Regards
Bhagya
wait for volatility to subside.. will you fish in a storm?

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  #4  
Old 20th February 2008, 06:00 PM
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Bhulokeshwar is on a distinguished road
Default Re: Intraday trading

Donot forget to put stoploss

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  #5  
Old 1st March 2008, 01:36 AM
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amrish is on a distinguished road
Default Re: Intraday trading

pplz make me understand what is stoploss

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  #6  
Old 1st March 2008, 02:50 PM
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Cactus is on a distinguished road
Default Re: Intraday trading

NOT LIKE THAT........

u need to learn and experience urself.......clear ur concept.......peoples can give thoughts only........

Don't hope......no-body will share his system......also...it may not suitable for u....... develop ur system according to ur nature.......actually......try to understand what suits u......what plan/stratigy........

Earning..........
can not come without learning........


Quote:
Originally Posted by kumudhan View Post
here nobody will make you understand nothing.

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  #7  
Old 1st March 2008, 03:01 PM
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wc2007 is an unknown quantity at this point
Default Re: Intraday trading

Well try not to buy when stock is moving up, as it may be the tip point.
Buy when its falling like hell, it may be the bottom

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  #8  
Old 1st March 2008, 07:31 PM
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Default Re: Intraday trading

Day trading is the skill of reading intention of operators/pros which is displayed on the charts.

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  #9  
Old 3rd March 2008, 02:10 AM
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Saint will become famous soon enough
Default Re: Intraday trading

Quote:
Originally Posted by wc2007 View Post
...........Buy when its falling like hell, it may be the bottom
Hmmm........a very common attitude in the markets,.....a certain path to great destruction.

The problem with the above line is the word "may".........it may be the bottom,it just may not be......So however wise and clever it may sound,especially to the newcomer,a word of caution:

Do the above again and again,and great poverty and probably a place in the mental asylum is a surety.

Careful!!

Saint

__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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  #10  
Old 3rd March 2008, 03:24 AM
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krishna23 is on a distinguished road
Default here's what jesse leivermore thought

“I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up. I don’t mean of course that in a bear market caused by a war, ammunition shares do not go up. I speak in a general sense. But the average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.”

“When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stock on a scale down, I buy on a scale up.”

“Remember that stocks are never too high for you to begin buying or too low to begin selling. But after the initial transaction, don’t make a second unless the first shows you a profit. Wait and watch.”

trade safely my friend!

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