I recently came across this research paper Day Trading for a Living? by Chague et al. They carried out their study in brazilian stock market.
From the Paper
The paper's conclusion was that it is highly unlikely an individual be profitable if they day trade for a living. Those individuals who...
I am looking for free options paper trading sites if possible for indian markets. NSE pathshala used to have a good options paper trading simulator but it seems NSE removed it. Can any one recommend any free options paper trading apps or sites?
Tried investopedia but I think they have disabled...
Hello traders. I have one simple question.
As a day trader, is it OK to use technical indicators if they are giving good results in backtesting? I'm applying my strategies to NIFTY50 stocks only.
What other tools should I use that would improve my efficiency as a day trader?
Does anyone here look at the daily chart for day trading purposes to find the overall daily or weekly trend? How can I use the daily chart effectively for day trading? How can I use the daily chart to decide whether next day's trade has to be long or short? Is it advisable?
There are thousands of stocks. But on what basis traders choose stocks. Someone says choose from top gainers and loosers. Someone says choose stocks from top performing sector. And all thousands of stocks have some one would be there for trading even though the stocks are not trending and very...
How much hours do you trade as a Day Trader? I can focus for nearly 3hrs to run a scanner, check the stocks and trade them. I continuosly watch the trade as it goes by. But at some point i feel i'm weared focusing too much and should get a break. I think i shouldn't continuosly watch the screen...
Hi, I have been trading for a yr now. Sometimes i end up repeating same mistakes i did in the past. i'm following my discipline for few trades. But after that i'm become lathargic and enter the trade eventhough some of my key factors are not in the trade? How to rectify these mistakes?
I am starting this thread as a public journal of my option jobbing business as well as my views about market. My overall profit target is INR 200,000 before 1st April 2019
Objective For 11th December 2017 to 2nd March 2018 :-
Target INR 15000 profit before 2nd March 2018
Margin - INR 25000...
Hi, I do long term, swing and day trading full time, My first interest is day trading right now, but I am actively into all the areas. My experience has been about four years in day trading, six months in swing trading and more than 6 years in long term.
Hello dear investors & traders,
My name is Robinsh Kumar, a 25 year old boy from Allahabad (Uttar Pradesh) India and I do blogging about blogging and making money online along with some web based projects.
Now I'm trying to learn about day trading in Equities & Currencies through my one...
This may be useful for some intraday traders. I'm not the better day trader.
This is to identify price volatility as early as possible by using EMA
If price increase, then slope of the average line should also increase. If price decrease, then slope of the average line...
I am in the Trading business from 2 years as usual like so many of us lost money. At now getting reasonable profit for my efforts.
I am starting this thread to record my trades and to improve my trading.
I am new to stock market and observing from last few months. As time is allowing for me want to try day trading. After did some research I got one simple strategy which may be already discussed in Traderji.
I am observing as per the strategy from last few days and it's looks...
Hi all Traders,
I am Nagappan. I'm frequent reader of traderji and this is my first thread.
I'm doing data research for last 2 years and tested many strategies I crafted based on several factors. I'm still not satisfied with the result. I have enough time to do this further.
I am new to this site. I joined this site to learn about trading. I am a small scale investor since last 10 years. Lost more than earned. Mainly because I listened to the brokerage houses and tipsters.
Another factor that ate my profits was brokerage.
Since January, I have...
Starting Capital: Rs.50,000
Instruments to be traded: USDINR and EURINR
Max. Risk per Trade: 1% of Starting Capital i.e. Rs.500
Max. Drawdown: 35%
Expected outcome after 600 trades:
Excluding commissions and other costs.
Had a discussion with ST da regarding success of day traders,less than 3% of total trading population are consistent day traders.
This thread is dedicated to identify the challenges and problems faced in day trading with respect to trading Method ,Psychological Problems and...