Day Trading-Rules & Learning

Please vote as per your actual experience in “Stock Market”


  • Total voters
    197
#11
I am a long term investor but not getting the good returns.
For day trading time is the major problem & not sure if anyone can handle day trading for me, I can give my account to manage if someone give me guarantee of profits.
 
#12
I am a long term investor but not getting the good returns.
For day trading time is the major problem & not sure if anyone can handle day trading for me, I can give my account to manage if someone give me guarantee of profits.
Now you will be in Radar of all tips provider.........for more information........Contact Trader Ravi.......:lol::rofl::lol::rofl:
 

DanPickUp

Well-Known Member
#13
I am a long term investor but not getting the good returns.
For day trading time is the major problem & not sure if anyone can handle day trading for me, I can give my account to manage if someone give me guarantee of profits.
About how much money do we talk?
About how much % of profit do we talk?
About how many % are you willing to pay to the fund runner? % regard the profit he makes?

Where is your money?
Can you transfer it outside India, for example to the USA?
And so on?

In request: Do you have any idea what you have to ask any people who offer you what you ask for?

Take care and be careful / DanPickUp
 

whisky

Well-Known Member
#17
I am a long term investor but not getting the good returns.
For day trading time is the major problem & not sure if anyone can handle day trading for me, I can give my account to manage if someone give me guarantee of profits.
What would be the size of account? & what return you are expecting?
Do you have any experience in day trading?
 
#18
My Learning & Rules (I will keep adding/modifying it to have one final list)

R1- Book profit as price comes close to your target, don't wait for exact rate.
R2- Taking quick action is the key of success in day trading.
R3- Stop trading for the day, if already got good profit for the day, don't be over confident
R4- Don't trade in a particular scrip/index if you are not confident about the move. It's better not to trade rather than trading wrong.
R5- Don't trade if risk reward ratio is not favorable.
R6- Ready with your trading action plan in advance. Market timings are for action not for planning, one miss can be a big opportunity loss/trading loss.
R7- Move with the market & don’t expect the market to move with you.
R8- Fear & Greed, both are psychological weakness, play with it and don’t get played by it.


Nice and relevant for the share traders be it intraday or postional .Thank you

L1- Keep a stop loss or a close watch, if your trade move confirmed in negative direction, take exit immediately.
L2- Focus on trade, opportunity can come at any time, don't miss trading opportunity, even a small opportunity can pay you big.
L3- Don't regret if you miss the opportunity, wait for the right one to enter.
L4- Trade patiently, quality of trade matters not the frequency/numbers.
L5- Stop trading for the day,if your most of trades are resulting negative for you. Remember, everyday is not your day.
L6- Trade with your independent due diligence,learning & thoughts, don't get influenced.Trading on someone else tips is like crossing the road as a blind man.
L7- Believe in results, it is only the result that matters.
L8- Don’t target the Market as you are always on the target of Market, play defensive & play safe.
L9- The longer the duration your trade remains in negative direction, the higher is the risk in that trade. Good “Day Trades” turn into profits mostly in short duration.

:cheers:

I think one should strictly follow your rules and learning points which may in long run help not to loose atleast the capital invested rathar than earning a profit. Preserving one's capital is golden rule I think
 

ryan4ucar

Well-Known Member
#19
I am a long term investor but not getting the good returns.
For day trading time is the major problem & not sure if anyone can handle day trading for me, I can give my account to manage if someone give me guarantee of profits.
think for your self mrs khosla anyone who makes money day trading wouldn't need your money , anyone who does not will need a chance to play with it and blow it ... think before you talk and act