Here I M Inviting All The Members To Discuss Their Day Trading Methods And Share Their Experience About That Method.
Here I M Sharing My Method For Day Trading.
I Watch The Market For 20/30 Miniutes To Study The Trend. If Its +ve Then I Search The Share Which Has Given Atleast 2% Movement With Good Volume. If I Want To Buy 50 Shares, Instead Of Buying The Whole Lot, I Buy 5/10 Shares With 1% Stoploss. I Watch The Movement For Time Being. If It Moves Up Further @ 1/1.5 Rs.
Then Only I Buy Remaining Lot Not Forgetting To Put The Stoploss. If It(5 Shres Lot) Moves Down Ward , And Hit The Stoploss Then I May Give Up That Stock Or Shortsale It.
With This Method I M Achieving Almost@55to 60% Proffit Result.
Pl. Comment.
Here I M Sharing My Method For Day Trading.
I Watch The Market For 20/30 Miniutes To Study The Trend. If Its +ve Then I Search The Share Which Has Given Atleast 2% Movement With Good Volume. If I Want To Buy 50 Shares, Instead Of Buying The Whole Lot, I Buy 5/10 Shares With 1% Stoploss. I Watch The Movement For Time Being. If It Moves Up Further @ 1/1.5 Rs.
Then Only I Buy Remaining Lot Not Forgetting To Put The Stoploss. If It(5 Shres Lot) Moves Down Ward , And Hit The Stoploss Then I May Give Up That Stock Or Shortsale It.
With This Method I M Achieving Almost@55to 60% Proffit Result.
Pl. Comment.