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.

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

Why is it always black and white, with no colour in between? Has the author never heard of something called "intermediate time frame" and "short term time frame"?

For whom?

And a common man has this technology eh?

And intraday trading isn't? I guess intra day must deal with taking strategic stakes in the company then.

When was the last time our political system was stable? What does "economic realities" in this context mean?

In 132 years of history, about 126 years has been manipulated by some some scam or another, which gives us only a 6year real history from 2001.

A career can be made even in horse betting, roulette and poker. BTW, who and what is the author? Suspiciously, the article looks to have been written by a 15year old for his school project!

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..

A career can be made even in horse betting, roulette and poker



Exactly

We caneven trade marbles with children and make a fortune

I just think the opposite.
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.

well said, got the info on sharebaba;s website. prismintraday.com

The more Shorter Term time frame we use the less r/r ,more accuracy & superb execution skill is called for hence Day Trading is hazardous for Financial Health.
My 2 bit.

biyasc,

Personally both Mr Lahiri & self is good friend since 7 yrs,still Day Trading is not in the 1st yr rather in the last yr of a 5yr course.

Asish

He is baba.
'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