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#1
5th December 2007, 12:35 PM
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Today, intraday trading is the best option
Today, intraday trading is the best option
Invest & perish This is exactly opposite to what most 'experts' are saying. They play safe by asking you to invest on a long term horizon. You can't question their wisdom/knowledge/judgment if their recommended stocks fall. They will claim it is still not long term enough. Pure bakwas! How many people can afford to wait that long term unless they have ample money to take them through the years and years till that 'long term' finally arrives? Intraday trading is safer Technology makes intraday trading more predictable and accurate than investing in stocks for future appreciation in an unpredictable world. Holding stocks is a greater risk and is purely speculative. In today's economic realities, political uncertainties and instabilities, applying the same age old investment theories of 60s and 70s is asking for disaster. Your trading capital become many times more than actual Brokers offer 5 to even 10 times leverage on your margin money. This enables you to trade more quantities and make more profits. However, this can misfire and lead to higher losses too. First 4-year long bull run in 132 years of history Indian stock market has mostly been one year of bull run followed by 3-4 years of bearishness. Yet, 'experts' say holding stocks is better. Statistically yes. But practically? Of course not! 'Experts' have no clue on intraday The 'experts' always advise 'long to medium term' investment so that you can never question them when your holding becomes worthless. They will claim it was not long enough and you ought to wait more! Intraday trading can be a career option Ill informed and illiterate (in stock market context) speculators and gamblers have given intraday trading a bad name. Media is equally clueless. Yes, intraday trading can support a career, provided you approach it not as a gambler but as a professional trader. GOT THE INFO ON NET. LOOKING FOR YOUR VIEWS ON IT. REGARDS, BIYAS. 
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#2
5th December 2007, 12:57 PM
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Re: Today, intraday trading is the best option
Technically speaking, Intraday trading is the best way to start learning how to trade, though with small quantities.
Because u get to make frequent mistakes, and learn from them faster. In eod trading, a newcomer could take 3 years to learn how to trade, whereas in intraday he will realise its not a get rich quick scheme in 3 weeks flat! So, advise is to make your mistakes fast in intra with small qty in cash, not in futures, and prepare for eod. My 2 billion cents thats all 
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#3
5th December 2007, 12:57 PM
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Re: Today, intraday trading is the best option
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Last edited by oxusmorouz : 5th December 2007 at 01:22 PM.
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#4
5th December 2007, 12:59 PM
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Re: Today, intraday trading is the best option
I too agree with intraday trading with this high bullish market to make some quick profits, people who does'nt want to learn and not ready to take high risks can opt for long term investments...
I am also newbie (both in this forum and stock market) and like to learn more about intraday, but I am doing at my home and invests what I have (means not getting high leverage from brokers).. this forum rocks and help me lot to learn.. thanks..
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#5
5th December 2007, 01:01 PM
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Re: Today, intraday trading is the best option
A career can be made even in horse betting, roulette and poker
Exactly We caneven trade marbles with children and make a fortune
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#6
5th December 2007, 01:25 PM
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Re: Today, intraday trading is the best option
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People learn from mistakes,it's true.But do they come to the righest path by only doing mistakes? Intraday data is so vast,that one can burn out several years for learning from mistakes,as there r huuuge opporuinities available for doing mistakes.But what will happen in the mean time? Where from the money will come to pay to data vendor and sabjiwala,and the make up of the loss done in daytrading,in those years of learning? But if learned the positional swing of 10 to 15 days first,with the guidance from intraday data,may be hourly and half hourly,alongwith EOD,it can always make up the costs. My 2 paisa.
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#7
5th December 2007, 01:45 PM
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Re: Today, intraday trading is the best option
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#10
5th December 2007, 02:47 PM
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Re: Today, intraday trading is the best option
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'I am not a supplier. I am a consultant. Don't try to judge me with your limited knowledge' - says Sri Lahiri to those who ask for demo or free trial. -prismintraday.com
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