hi i am planning to do day trading,to start off guide me

[coollife]

first thing which account to go for,
sharekhan something else etc

do i have to refer any book or read any book before i start

how much should i invest as a beginner

how much time has to be devoted

which brokerage company offers low brokerage fees and best online trading system

whatever the initial money u suggest how much returns i can expect in one month in rupees.

Thank u hope ur guidance make my path into trading succesfull

happy trading

 

[munnabhai208]

hi,
Before u start this task,just select a strategy and paper trade it first.If u are satisfied then only start with real money.

 

[Capricorn]

Sahi bole dost ...:thumb:

 

[supremo]

i think you need to discover in yourself what is your risk ratio by making trading plan and strategy then along the way when you are doing trade, you can improve it

 

[molthi]

Investing can be taught , Day Trading can't. But if you can find a mentor then possible.
Day trading has to be learnt.

 

[rajputz]

what ever you do, first try your hand on paper trading the methods of day trading...


see my thread...i hope it will help you....

http://www.traderji.com/beginners-guide/37052-beginners-guide.html

 

[all4excel]

hi,
Before u start this task,just select a strategy and paper trade it first.If u are satisfied then only start with real money.

What do you mean by Paper trade? is it dummy trade or is there a system where I can try that?

 

[rajputz]

paper trade means you be honest with you...whatever trade you are going to enter...write it down on paper....write down your exit...even your stoploss....at the eod day honestly calculate whats ur profit and loss.....be honest with you...as it will be ur main tool...

 

[munnabhai208]

i think you need to discover in yourself what is your risk ratio by making trading plan and strategy then along the way when you are doing trade, you can improve it

Thank you for posting such an informative link.:thumb:

 

[supremo]

Thank you for posting such an informative link.:thumb:

oh! I appreciate it... thanks...
i'll be happy to post it to help the newbie like me...
http://stocktraderslibrary.blogspot.com/