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| Discuss Using ICICI Direct for day-trading at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I have a trading account with ICICI Direct, which I would like to use for ... |
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#1
16th May 2006, 07:25 PM
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Using ICICI Direct for day-trading
I have a trading account with ICICI Direct, which I would like to use for day-trading.
My problem is that I am a working person and am not in a position to access the net throughout the day. I can log on for the first half an hour and then after 2.30pm. Can I use my account to day-trade within the limited time window that I have? Kindly let me know. If there is any other method for day-trading, please let me know that too. Thanks in advance, Pranay 9820668584 
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#3
16th May 2006, 08:57 PM
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Re: Using ICICI Direct for day-trading
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#4
16th May 2006, 09:01 PM
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Re: Using ICICI Direct for day-trading
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#5
16th May 2006, 09:08 PM
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Re: Using ICICI Direct for day-trading
Thanks Jaideep and Disciple,
I have got my answer....that daytrading is not for me! Let me continue with my medium/ long term investments. Maybe I will think about it 5-7 years down the line when I take a VRS. Jaideep: to reply to your post, you rightly said that technology wont help if I do not have access to the PC from 1030 to 1430 hrs!!! Thanks again and god bless, Cheers! Pranay
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#6
16th May 2006, 09:14 PM
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Re: Using ICICI Direct for day-trading
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I have not used anything on ICICIDirect except normal BUY/ SELL of shares and MFs, so I dont know much about it. Maybe you can help me. Thanks, Pranay
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#7
16th May 2006, 09:54 PM
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Re: Using ICICI Direct for day-trading
Dear Pranay,
My suggestion. AVOID DAYTRADE. As Disciple said it is full time job. You should have watching your position all day long. May be with day trading you wont be able to do justice with either of them, i mean your job and day trading. Try short term (3days to 14 days) insteed. After all you are the judge, and this is my suggestion. Best of luck. Happy Trading. CopperDesk.
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#9
17th May 2006, 01:56 AM
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Re: Using ICICI Direct for day-trading
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Even im a ICICI DIRECT A/c holder can u pls tel how can i get the link and the terminal. Did u mean i can open an a/c wid another broker or can i get a terminal with iCICI itslf???
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#10
17th May 2006, 01:20 PM
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Re: Using ICICI Direct for day-trading
Quote:
Thanks Copperdesk, I guess you experts' advice is the one to follow.......daytrading is not for me. but i surely will get into it full-time someday. So I will keep following this site. Will surely start with short term as you suggested. Now, where do I get good tips from? I dont have a broker who can advise me. Any sites, communities, you can suggest? Pranay
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