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Old 01-25-2008, 08:07 PM
vjdude vjdude is offline
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Default regarding daytrading?

hi i really had to do this, because this is only option for my next steps of growth, well i am new and doing paper stock day trading for sometime, earned some lost some, my statergy is to buy when stock raising and sell immediately when it starts falling, i like to any recommendations or suggestions how best i can be in this, all are welcome


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Old 01-25-2008, 08:27 PM
Swaminathan P Swaminathan P is offline
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if you are doing it (day trading) in cash - look at the behavior of stock in F&O, it will give a fair idea. In depth knowledge is required for day trading. One should be expert in all derivative instruments. one should not go naked without protection. day trading should have stop loss, put call options, long, short etc., altogether.

Hedge funds strategy is different they initiate strategy (prepare the field for play) for others fall into the trap [e.g. they go short in F&O with hedging-stop loss and enter cash segment -- buy large quantity (to make day transaction to exceed week/month average) and then square up (go short) cash deal. F&O segment will have protection of stop loss/hedging. a difficult game to play with it - we require lot of money to out smart monthly average.
This has to be done along with the trend, momentum, flash news, etc.,
ground situation should help the player.

Any way this is not for small investor. - better to keep away from this
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Old 01-25-2008, 08:31 PM
Randy W Randy W is offline
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good luck, I lost a lot doing it your way. Keep one thing in mind...if your stock is rising and you are thinking about holding it for a bit more, set a limit! And I am not saying this as a mental limit. If you buy at $20, and your stock is rising, you might set a sell limit of $20.50 if it drops. Protect your investment. I could tell you a horror story of where I bought into a stock on the rise, and was up by over $4 a share for 200 shares...I stopped and took out the trash, and upon my return, it was $2 a share less than when I first bought it. Long story, but the bottom line - no limit set. This situation occurred in a 20 minute period, it doesn't happen too often, but for me... Never again.
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Old 05-20-2008, 10:15 AM
sahilmiddha sahilmiddha is offline
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Default Re: regarding daytrading?

in my point of view you should just concerned to the share brocker. they give you better suggestion and just keep one thing in your mind that if your stocks are rising up,in some cases it will be sink also.
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Old 06-18-2008, 10:22 AM
daniel79 daniel79 is offline
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Default Re: regarding daytrading?

Quote:
Originally Posted by Randy W View Post
good luck, I lost a lot doing it your way. Keep one thing in mind...if your stock is rising and you are thinking about holding it for a bit more, set a limit! And I am not saying this as a mental limit. If you buy at $20, and your stock is rising, you might set a sell limit of $20.50 if it drops. Protect your investment. I could tell you a horror story of where I bought into a stock on the rise, and was up by over $4 a share for 200 shares...I stopped and took out the trash, and upon my return, it was $2 a share less than when I first bought it. Long story, but the bottom line - no limit set. This situation occurred in a 20 minute period, it doesn't happen too often, but for me... Never again.
Be very careful.Don't take any kind of risks.
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Old 06-26-2008, 06:29 AM
franklintempleton franklintempleton is offline
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Cool Re: regarding daytrading?

Quote:
Originally Posted by vjdude View Post
hi i really had to do this, because this is only option for my next steps of growth, well i am new and doing paper stock day trading for sometime, earned some lost some, my statergy is to buy when stock raising and sell immediately when it starts falling, i like to any recommendations or suggestions how best i can be in this, all are welcome

When you invest bifurcate and divide your investments. The value of a stock that you invest upon is bound to fluctuate with market variations and it depends on the fund manager. So when you invest on stocks first see the reputation of that particular stock, and then divide your investments so that if you loose out on the dividend from one investment there is always another one to balance the loss.
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