help needed- for day trading

#1
just now i have opened demat account through icici
direct.so i dont know much about day trading strategies
plz.. guys help me in understanding it.. as i want to know all the aspects.
1) best bid price??
2) best offer price??
3) best offer quantity??
4) best bid quantity??
5) day volume
what softwares r needed for technical analysis and how to understand various charts

GUYS...... PLZ HELP ME OUT..
WAITING FOR YOUR REPLIES
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#5
Hi

This is Mohan and am new to trading... Can anyone please suggest the list of companies of which i can buy shares... My budget is as much as 3K for initial.

thanx and cheers,
mohan
 
#8
[SIZE="3"]As per day trading is concern you should atleast start with a sum of 20k, so incase if you lose some money you still can manage to recover from you're losses and as per stock recomendation i'll suggest you to pick the stocks with highest number of voulme. Few stocks are Jphydro, IFCI,WWIl,ISPAT etc for more stock recommendation you can contact me @ pushkar_kumar89(Yahoo Messnger ID).[/SIZE]
Dear Friend

Thnx for suggestion
pls provide with technicals details so that we can try for it.

bmitra:clapping:
 

findvikas

Well-Known Member
#9
Guys, lets understand one thing first that you cannot make money without knowing what you are doing. You cannot make money with calls/tips... before opening a Demat account and paying for their charges.... learn what is trading about and how to analyze the charts.

This is the beginner's paradise and I have learned a lot from this book.
http://rapidshare.com/files/264869583/Saint-Teach2_Fish.pdf



Until unless you are confident DO NOT trade with real cash, my advice is to spend some time in market... the more you spend the less it is.. have a excel sheet ready and trade in that... enter the BUY PRICE - DATE & Quantity in that excel and then monitor your trade for your targets...

Play safe and see my tag line to understand what I really mean.
 

rvlv

Active Member
#10
So you want to loose money very fast?
and you are in a big hurry to start trading urgently?

To loose money fast, do following
1. Dont get any trading education(This is most important. if you get educated,then your losses will be less)
2.start intraday trading with a broker like icicidirect so they give you highest brokerage in this country.
3 Dont spend money for learning about trading-just look for very cheap methods of easy learning-then you can loose money for a long term.
4. Go for tips from niftypowerlotto or nifty astrology, so that you can join many of the loosers that lost big amounts.
5.Dont bother about quality. just look for cheap stuff.
Dont use any software. If you use a software, your loss cannot increase much.

Ready? get set go fast
you can move fast becoz you need not do anything that takes lot of time.