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#1
30th September 2006, 10:35 AM
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Please give Information
Hi,
I am planning to open new trading account for day trading.Please give me information about How much will someone earn doing day-trading in stock market? Is it possible to take DAY-TRADER as a career? I have some knowledge about share market. Please give information. Thanks Sangmeshwar 
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#2
30th September 2006, 10:58 AM
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Re: Please give Information
Day trading is not Investing.. it is speculation.
So it depends on your risk-taking-capability and the money you have in your pocket to lose, which will decide how much you can earn or lose... Best regards
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#3
30th September 2006, 11:23 AM
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Re: Please give Information
Quote:
Well u can make trading as ur carrer not necessarly Day trading only. There several types of trading systems and strategies. And if u plan to day trade make sure u hav adeuate capiatal( which u must be ready to loose). 2nd u must have a sound trading systm ( which u can get from the Trading system and strategies part of the forum and the most important part is the money management. Day trading involves margin trading which seems so much enticing. U can trade 5 to 25 times of ur capiatl depending on ur broker. Which means more gains and more imporatantly more losses. Remember margin is a double edged sword. It can make u a millionaire and can wipe u out equaly. So do not under trade or over trade. Lastly bgin with Paper trading to build in confidence and to make good all the flaws. If u can follow that im sure very soon vl C u on the front page of the Fortune magazine.  thanks and regards
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#6
2nd October 2006, 11:43 AM
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Re: Please give Information
Quote:
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