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praveen v/s stock

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Old 4th September 2005, 11:44 PM
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Default praveen v/s stock

i am a trader and invester in stock market.according to my experiance never day trade be an invester.
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Old 5th September 2005, 07:56 AM
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Default Re: praveen v/s stock

Quote:
Originally Posted by praveen_stock
i am a trader and invester in stock market.according to my experiance never day trade be an invester.
Most novices I meet fall into the lure of being day traders for the simple reason that they are undercapatilized.

Mathematical analysis of price data has shown that these price changes are primarily random with a small trend component. This fact is extremely important to those desiring to pursue trading in a rational, scientific manner. It means that any attempt to trade short-term patterns and methods not based on trend are doomed to failure. It also explains why day trading is difficult and why almost no day trader is a long-term success.
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