Search

News Feed

15 Great Day Trading Tips

0 like 0 dislike
40 views
Posted by FoolishJaguar

Investing , tradingReports of people making huge gains in stock markets have been carried in newspapers around the world. This has attracted many first time investors to the stock market. Day trading is one of the systems gaining in popularity with investors. But day trading is fraught with risks. Though you can make huge gains in day trading, you are also likely to lose huge money. However, if you want to do day trading here are some tips to succeed:

Who is day trader?

A person who actively participates in stock market and buys and sells many times a day to make quick profits is called a day trader.

What are the tips to succeed in day trading?

1. Study the basics of the system like the working of the market, which way the stocks will move, the long and short calls, and the time to buy and sell. You should also learn to take care of the profits while reducing the losses.

2. Since mastering day trading is a time consuming process, use the trading platform available on the trading websites before you actually start.

3. Do not let the thought of making losses scare you. Use methods like stop orders to reduce your losses.

4. If you suffer some loss, do not worry, as it is a part of the process.

5. Once you have earned your expected profit, stop trading. Do not hunger after more money and throw away your profit.

6. If the market does not meet your expectations on any particular day, do not trade.

7. As your experience in day trading increases, you gain the ability to foresee the direction in which the stock price moves. But do not go for the topmost or the lowermost stocks.

8. If you find it difficult to decide in which way the market is going, do not trade but just wait.

9. Maintain a record of the results of the day trading. It allows you to learn the things which are effective, as well as ineffective.

10. Learn the buying and selling tactics of successful day traders. They usually sell when there is good news and buy when there is bad news.

11. Do not get emotionally involved in trading but stay aloof and professional.

12. Rely on your instincts as depending excessively on the analysis means skipping some good trading chances.

13. Learn and use top strategies to trade.

14. Concentrate only on select stocks. Focusing your attention on multiple stocks will make it difficult for you to track the movement of each stock.

15. Learn new trading strategies daily and use them to your benefit.

Your comment

Please review community guidelines here.

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.

Related posts

0 like 0 dislike
0 comments 71 views
15 Ways To Start Your Internet Business Sales

1. Find a strategic business partner. Look for ones that have the same objective. You can trade leads, share marketing info, sell ... you're selling a book, offer an hour of consulting with it.

image
Posted by FlamboyantChomper
0 like 0 dislike
0 comments 49 views
Tips on Conducting a Successful Presentation

Whether you're a student, a full-time employee or the head of a book club, there is one task that is hard to avoid: ... , question or piece of information that will be memorable to your listeners.

Posted by Butcherry
0 like 0 dislike
0 comments 109 views
10 Simple Reasons To Remove Spyware From Your Computer

Is your computer been running slower than normal? Are you worried someone may be able to access your computer and steal your private ... verify that you do or do not have spyware on your computer.

image
Posted by Cybora
0 like 0 dislike
0 comments 22 views
How To Unleash All Your Leadership Potential

There is a steady flow of information in the form of books, articles, white papers and training all in the context of [ "what is ... not performing well, step up to the mirror and take a peek."

image
Posted by VirtualAssassin
0 like 0 dislike
0 comments 53 views
5 Mistakes You Must Avoid When Starting A Home Based Internet Business

2 years ago I left my job as a sales manager to start a home based Internet business. I had already bought a lot of books ... and smart and you will become the champ of home-based Internet marketing.

image
Posted by HairyFoal
0 like 0 dislike
0 comments 102 views
7 Steps To Skyrocket Your Internet Business Profits

There are many ways to bring your income to the next level, and it all relies on just a little work that you can take anytime ... of it right now and execute them right away to multiply your revenues.

image
Posted by HistoryGuy
0 like 0 dislike
0 comments 110 views
10 Profitable Reasons To Add A Discussion Board Or Chat Room To Your Web Site

1. You'll be able to communicate with your visitors. They'll begin to trust you and get to know you on a more ... also join other people's affiliate programs and make commissions advertising them.

image
Posted by BeautifulWolf
0 like 0 dislike
0 comments 53 views
How to earn money online

Affiliate programs A lot of companies on the web allow you to sell their products and get a commission on the sale. They take care of ... site This is NOT the solution! Don't even think about it.

Posted by Octopixy
0 like 0 dislike
0 comments 48 views
Are You In The Right Profession?

All of us are busy working in a particular area to earn our living. Some of us are business persons and some are employed. ... something else that may give you not only satisfaction but great success.

Posted by Madept
0 like 0 dislike
0 comments 48 views
Are You A Business Opportunity Seeker?

If you are involved in any type of multi-level, network marketing program, home based business, or other type of direct sales ... waiting to be found. So, are you a business opportunity seeker?

Posted by Camella
0 like 0 dislike
0 comments 46 views
A Critical Tip To Make An Outsourcing Project Successful

Understanding what you want to accomplish is critical to a successful outsourcing venture. Although there are many who claim to offer ... outsource partner and make a good decision for the business.

Posted by Hawkward
0 like 0 dislike
0 comments 41 views
A Change in Career a Change in You

Some of us are lucky (or unlucky) enough to start our own business, we work all the hours under the sun and moon and think that this is it, this is going ... s.......................... the INTERNET.

Posted by Titank
0 like 0 dislike
1 Comment 60 views
How to fund my new business?

How to fund my new business?

Posted by Knighttime
0 like 0 dislike
1 Comment 50 views
How to Start Your Own Small Business?

How to Start Your Own Small Business?

Posted by LovableStorm
0 like 0 dislike
0 comments 50 views
5 Great Tips For Your Cosmetic Dentistry Procedures

We all want to have great cosmetic dentistry procedures and when leaving the dentist, tell him how happy we are with the great ... . Always be aware of when you want to choose cosmetic dentistry.

Posted by GrizzlyFlash
0 like 0 dislike
0 comments 88 views
20 Tips For A Great Night's Sleep

Getting a good night's sleep helps us to be happier, more productive people, so here's some tips to help you get a good ... ), so get this checked out with a suitably qualified health professional.

Posted by ForceSoldier
0 like 0 dislike
0 comments 40 views
13 Great Tips To Stamp Out Loneliness

What is LONELINESS? It is not about being on your own. Many people enjoy being on their own and would choose this ... disfavourably. 13.Stop judging others. More importantly-Stop judging yourself!

image
Posted by BeautifulWolf
0 like 0 dislike
0 comments 43 views
5 Great Tips to Decorate Your Modern Home

Today's contemporary designs replicate the classic modernist use of space, while renewing it with the durability and comfort required by the ... inviting, just the way you want your bedroom to be.

Posted by HairyFoal
0 like 0 dislike
0 comments 52 views
What are the Great Tips To Make Your Goals Your Reality?

Goals are a great tool for motivation. But if you don't use them correctly, they can also be a source of frustration. Goals are ... it's only those who abandon their goals who don't achieve them.

Posted by Emufasa
0 like 0 dislike
0 comments 36 views
10 Great Tips On Cooking Meals

If you are as busy as most people you are always looking for ways to feed your family in convenient, fast, yet not-too- ... are quick and easy without spending hours in the kitchen every day.

Posted by AwfulSlingshot
0 like 0 dislike
1 Comment 61 views
Gift Ideas For Mother's Day?

Gift Ideas For Mother's Day?

Posted by HairyMagpie
0 like 0 dislike
1 Comment 45 views
How Can I Find Time For Myself During My Busy Day?

How Can I Find Time For Myself During My Busy Day?

Posted by AmazingKitty
0 like 0 dislike
1 Comment 46 views
Gift Ideas For Father's Day?

Gift Ideas For Father's Day?

Posted by PerfumedNecromancer
0 like 0 dislike
0 comments 61 views
Residential building collapses in kenya and 15 people missing

https://www.nytimes.com/2017/06/13/world/africa/kenya-nairobi-building-collapse.html

Posted by PositiveVoid
0 like 0 dislike
0 comments 66 views
About 15 millions americans are drinking toxic water

http://www.huffingtonpost.com/2017/06/08/nonstick-chemicals-water-contamination_n_17005852.html

Posted by SleepyFledgling
0 like 0 dislike
0 comments 60 views
15 Ways Average Person Can Overcome Increasing And Overwhelming Debt

Before sharing these recommendations, I suggest that you have a way of tracking your expenses. This will give you a clear picture of what you ... do not have to be so hard that you cannot enjoy life.

Posted by Wallaby
0 like 0 dislike
0 comments 58 views
Advantages of Currency Trading

Foreign exchange trading involves buying and selling different currencies. It works on the theory that is similar with share ... forex trading strategy,forex signal, visit: www. connection2forex.com

Posted by GamerAlpaca
0 like 0 dislike
0 comments 50 views
A Short Explanation Of “Buying” and “Selling” In Forex Trading.

These days everyone is talking about a new profitable activity called Forex trading and the great opportunity this activity represents for ... front of your trading station it will look much simpler.

Posted by Tabooccaneer
0 like 0 dislike
0 comments 62 views
A Guide To Forex Trading

Trading money in the global markets can be great way to make more of it, it can also be a lesson in how to lose money ... currency traders trade much larger sums of money thousands of times a day.

Posted by Mosquiche
0 like 0 dislike
0 comments 61 views
A Guide To Foreign Currency Trading

While foreign currency trading offers its rewards, especially when you are able to trade in major currencies like the US ... that are registered with the regulatory commission on commodity futures.

Posted by MysteryWasp
Connect with us:
...