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| Discuss Day Trading at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Friends, I want to know some tricks , setups , tactics for day trading , how to ... |
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| Trading on Technicals Discuss Day Trading, Swing Trading & Position Trading methods and strategies here. |
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#1
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Hi Friends,
I want to know some tricks , setups , tactics for day trading , how to identify stocks for day trading also entry & exit levels & also is it possible to day trade without using real time softwares . Pls if any one could help me. umesh |
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#2
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Get Indiabulls PIB account, then u can get any free data convertor to convert real time data to Amibroker. As regards Tricks, we have a lot of Anal- ysts on this forum. Ask them the quickest way to destroy your capital. Then later on you can get hold of some books and hopefully make up your own system, in the time it takes to build up your capital again, to trade |
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#3
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I will assume that you dont have prior experience of Day trading ... am i right? Can you elobrate on why in particular do you want to day trade? Stumper |
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#4
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Just like Airtel's "music on demand". Now-a-days people want "Profit on demand"
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#5
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hi Stumper,
There is no reason in particular why i want to day trade , i want to knwo how market works & we see number of people giving day trading calls , many of those achieve the targets, i want to knw how is it possible to predict . I find it rewarding too , yes there is a good amount of risk involved in it too . Umesh Last edited by umesh14; 26th November 2007 at 11:27 AM. |
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#6
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Dear Suptrade ,
Can i know wht do u mean by wht you have written ? what does it mean by Profit on demand ? Umesh |
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#7
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Yes it is possible to earn Money in daytrading! There are more than 150 studies reg Daytrading! There may be a lot of shoes on ur shelf,but wear only those that fit for u! My favourites are FIBONACCI Retracements,Trendlines,RSI,Patterns! With the help of these one can get more than 90% success!
JessiLivermore have been an Ideal person,a great legend, for DayTrading! One needs to have 100% DISCIPLINE for daytrading,balancing FEAR & GREED!!!!!!! |
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#8
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Quote:
The BEST known technical analyst is YOURSELF only. |
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