New day trader

#1
HI All :p

I am new to the day trading world. done my first trading on 28th Jan 2008 and had a profit.

Yet dont :confused: have any clear idea of how to research , choose and analysis the company...... joined this forum in urge of getting some inputs to train myself in very professional way. :)

Prince vijayraj :cool:
Chennai
 

AW10

Well-Known Member
#2
Good that u had first profitable trade. use this profit and part of your capital in right education and developing system to trade..
Otherwise, odds are against new day traders.. Successrate of daytrading business is very poor (hardly 5%).

All the best.
 

NOMINDTR

Well-Known Member
#3
HI All :p

I am new to the day trading world. done my first trading on 28th Jan 2008 and had a profit.

Yet dont :confused: have any clear idea of how to research , choose and analysis the company...... joined this forum in urge of getting some inputs to train myself in very professional way. :)

Prince vijayraj :cool:
Chennai
Learn things patiently and practice your trades. Day trading would test your own traits. Keep a diary and note down your trades and logic on which you took the decision.

Don't have large capital though you are successful. Concentrate on survival, then learn capital appreciation (in consistent ways as AW said 5% is good thing), then profits will follow you.

Treat day trading as a serious profession, as you know every profession needs education, training etc., Take what it needs.

Good wishes
 

deb99891

Active Member
#5
HI All :p

I am new to the day trading world. done my first trading on 28th Jan 2008 and had a profit.

Yet dont :confused: have any clear idea of how to research , choose and analysis the company...... joined this forum in urge of getting some inputs to train myself in very professional way. :)

Prince vijayraj :cool:
Chennai
find out
2/3 setups
practice them every day/week/month
when u get older some more will add ur dictionary
put em on
leave the rest on mkt
best of luck
 
Last edited:
#6
Dear All

Great to have quality response........... I brought reliance share for 1258 and now iam in fuzz whether to sell now or not..........

As a start iam just looking two companies........ dont know why?? but on my first one week observation have brought.

--Vijayraj Sharma JK
 

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