Day trading tips

#1
Day trading can be profitable and it depends on the following things
  1. your brokerage must be as low as 1 paisa so that you can trade with small profits
  2. always trade in liquid stocks as they are easy to enter and easy to exit
  3. always trade with stop loss if you are trading wfor high risk and high return or if you are trading with margin
  4. pick the top 100 active shares including the nifty
  5. divide your capital say in 5 parts or more depends on how many trades you can handle a day
  6. never short a stock unless market is in high negative mood
  7. dont trade stocks which are high volatile as it is difficult to put your stop loss and the chances of your stop loss order to execute are always high examples of such shares " Unitech, Suzlon"
  8. always play with your surplus money and with your profits try to accumulate shares for long terms
  9. try to trade a stock which is atleast a 100 rs as chances of moving so quickly are less
 

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