Please share best website for online live almost real-time market commentary...

N

Niks

Guest
#13
never thought/traded in this way. but after reding your post i feel happy that someone trading these news in proper way. keep it up.
Was browsing but could not help mention about the America's top trader, made in first 5 months in 2008 as much as his entire profit in 2007, who does news based trading.
If interested, there are many advise from him available on other forum: http://www.elitetrader.com/vb/showthread.php?s=&postid=2219363#post2219363
http://www.elitetrader.com/vb/showthread.php?s=&postid=2219363#post2219363

Keith O'Malley, 30
Another grizzled 30-year-old, continues to give Hold Brothers -- and prop trading in general -- a good name. In just the first five months of 2008, O'Malley reportedly matched his entire profits of 2007 (he was said to have made a killing the day BofA announced it was taking over Countrywide), and he is apparently on a pace to make eight *figures this year. Not surprisingly, he's considering starting his own hedge fund.
http://www.traderdaily.com/magazine/article/22821.html
fine if it can be your piece of cake :)
 
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Ganesh543

Active Member
#14
Wow Nisha you gave brilliant information thanks Ganesh I agree with you totally

and that 1% makes the big difference while day trading..

1. finance minister comes on tv, and nifty rallies 100 points.
2. IIP data comes and market rallies 100-150 points.
3. Inflation Data comes and market crashes 200 points.

4. Advance/Declines ratio - helps to understand the direction of the market.
5. Sectors wise movement - also helps for a intraday trade.
6. Asian markets give morning direction upto 11-12pm.
7. European markets will make or break the indian markets by 2-3pm.