Search

Business People Club

Search All Topics !

What are the day trading tips?

0 like 0 dislike
55 views
Posted by BunBunny
Any tips on day trading?

Avast

Your comment

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.

1 Comment

0 like 0 dislike
commented by TrustyKitty
Reports 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.

Related posts

0 like 0 dislike
1 Comment 62 views
What are the Advantages Of Long Term Trading?

What are the Advantages Of Long Term Trading?

Posted by SleepyFledgling
0 like 0 dislike
0 comments 136 views
What are the Benefits of Business Loan?

Finance is always a main issue, when it comes to start a new business. You can have various innovative ideas and plans, but you ... a new business loan, to avoid any sort of perplexity in future.

image
Posted by VoyageHooper
0 like 0 dislike
1 Comment 96 views
What are the crazy money making ideas?

What are the crazy money making ideas?

Posted by KeyboardPie
0 like 0 dislike
1 Comment 114 views
What are the business opportunities ideas for the stay at home mom?

What are the business opportunities ideas for the stay at home mom?

Posted by GardenParrot
0 like 0 dislike
1 Comment 100 views
What are the advantages of joining a forum?

What are the advantages of joining a forum?

Posted by DreamBaby
0 like 0 dislike
1 Comment 87 views
What are the Effective Niche Marketing Strategies?

What are the Effective Niche Marketing Strategies?

Posted by Herogue
0 like 0 dislike
2 comments 168 views
What are the Exit Strategies for Businesses?

How to get out of the business if its not working?

Posted by Octopuppy
0 like 0 dislike
1 Comment 135 views
What are the Legal Obligations of The CAN-SPAM Act?

What are the Legal Obligations of The CAN-SPAM Act?

Posted by nicejone
0 like 0 dislike
0 comments 452 views
What are the free tools for your website?

It does not have to be expensive to get started with Internet marketing. There are so many free tools available, including HTML editors, ... Go Daddy or Host Gator for about $15 per month or cheaper.

Posted by KeyboardPie
0 like 0 dislike
1 Comment 80 views
What are the Benefits of Ordering Promotional Products Online?

What are the Benefits of Ordering Promotional Products Online?

Posted by Madept
0 like 0 dislike
1 Comment 66 views
What are the Effective Ways To Make Money In Your Blog?

What are the Effective Ways To Make Money In Your Blog?

Posted by MammothMoth
0 like 0 dislike
0 comments 90 views
What are the business start up costs?

If you are considering starting your own business, then you have no doubt considered the investment required for various business start-up ... sites that can help you get your business up and running!

image
Posted by AfternoonFay
0 like 0 dislike
1 Comment 72 views
What are the Benefits of promoting your business with promotional magnets?

What are the Benefits of promoting your business with promotional magnets?

Posted by Octopuppy
0 like 0 dislike
1 Comment 66 views
What are the advantages of writing eBooks?

What are the advantages of writing eBooks?

Posted by Sassassin
0 like 0 dislike
1 Comment 70 views
What are the advantages of outsourcing?

What are the advantages of outsourcing?

Posted by BumblingBee
0 like 0 dislike
1 Comment 102 views
What are the advantages of switching credit cards?

What are the advantages of switching credit cards?

Posted by LoyalChief
0 like 0 dislike
1 Comment 80 views
What are the advantages of Barcoding and Barcode scanners?

What are the advantages of Barcoding and Barcode scanners?

Posted by AfternoonFay
0 like 0 dislike
1 Comment 56 views
What are the ecommerce problems ?

What are the ecommerce problems ?

Posted by Conjursa
0 like 0 dislike
1 Comment 126 views
What are the penalties for failure to pay employment taxes?

What are the penalties for failure to pay employment taxes?

Posted by Tomatoad
0 like 0 dislike
1 Comment 70 views
What are the business entities?

What are the business entities?

Posted by GreedyPig
0 like 0 dislike
1 Comment 59 views
What are the Niche Marketing Misconceptions?

What are the Niche Marketing Misconceptions?

Posted by Octopuppy
0 like 0 dislike
1 Comment 61 views
What are the Ideas for Boosting Sales?

What are the Ideas for Boosting Sales?

Posted by MysteryWasp
0 like 0 dislike
1 Comment 117 views
What are the Advantages of Low Interest Credit Cards?

What are the Advantages of Low Interest Credit Cards?

Posted by MysteryWasp
0 like 0 dislike
1 Comment 59 views
What are the Advantages of a Home Equity Loan?

What are the Advantages of a Home Equity Loan?

Posted by OpinionOwl
0 like 0 dislike
1 Comment 72 views
What are the sales boosting strategies?

What are the sales boosting strategies?

Posted by Butcherry
0 like 0 dislike
1 Comment 81 views
What are the marketing mistakes to avoid when promoting your business?

What are the marketing mistakes to avoid when promoting your business?

Posted by nicejone
0 like 0 dislike
1 Comment 67 views
What are the Benefits of Submitting to a Directory Website?

What are the Benefits of Submitting to a Directory Website?

Posted by GiftedWrecker
0 like 0 dislike
1 Comment 46 views
What are the low cost home based businesses?

What are the low cost home based businesses?

Posted by Prepatriarch
0 like 0 dislike
1 Comment 59 views
What are the pillars of home based business?

What are the pillars of home based business?

Posted by VirtualAssassin
0 like 0 dislike
1 Comment 86 views
What are the Online Advertising Channels For My Business?

What are the Online Advertising Channels For My Business?

Posted by HuggingDuck
0 like 0 dislike
1 Comment 72 views
What are the steps to advertise for free?

What are the steps to advertise for free?

Posted by Hawkward
0 like 0 dislike
1 Comment 57 views
What are the benefits of expired domains?

What are the benefits of expired domains?

Posted by PlushSeal
0 like 0 dislike
1 Comment 67 views
What are the differences between shared and dedicated hosting?

Should i host my site with shared hosting or dedicated hosting?

Posted by HairyFoal
0 like 0 dislike
1 Comment 72 views
What are the benefits of creating podcasts for my business?

Should i create podcasts for my business?

Posted by Madept
0 like 0 dislike
1 Comment 73 views
0 like 0 dislike
1 Comment 96 views
What are the creative ways to find a job?

Creative ways to find a job?

Posted by BunBunny
0 like 0 dislike
1 Comment 71 views
What are the alternatives to bankruptcy?

How to avoid bankruptcy? What are the alternatives ?

Posted by TrainedGuy
0 like 0 dislike
1 Comment 130 views
What are the advantages of low credit interest credit cards?

Why should i get low interest credit cards?

Posted by MammothMoth
0 like 0 dislike
1 Comment 51 views
What are the domain name extensions?

What are the domain name extensions and what do they mean?

Posted by visite
0 like 0 dislike
0 comments 73 views
Discover The Ultimate eCommerce Solution For Successful Online Trading

Discover The Ultimate eCommerce Solution For Successful Online Trading So what is it the complete solution to all of your ... the traffic volume enhancement systems and the sales measuring systems.

Posted by Mosquiche
0 like 0 dislike
0 comments 119 views
Here Are Some Tips to Avoid Telephone Fraud

Fraudulent schemes range from peddling water purifiers, vitamins, and make-up kits to stock investments and abusive "900" numbers. ... to safeguard your hard-earned money from telephone con artists.

Posted by VoyageHooper
0 like 0 dislike
0 comments 57 views
Cost-Reducing Tips for the Small-Business Owner

One of the keys to running a successful small business or home office is learning to control costs. Even the smallest expenses can ... a postage meter or get a mail scale to eliminate overpaying.

Posted by HuggingDuck
0 like 0 dislike
0 comments 189 views
Become The Top Blogging Site Tips

If you are blogging and you want to build a top blogging site, you are reading the right article. Do you want to be the top ... of success in this business. Start up and gain more money by blogging.

Posted by Knightmare
0 like 0 dislike
0 comments 69 views
Five Tips For Combining Work And Leisure While On The Road

When your job takes you away from home, bringing your family along may actually make good business sense. With travel industry ... next business trip could also be a minivacation with the family.

Posted by AmazingKitty
0 like 0 dislike
0 comments 76 views
Business systems – what are they?

You may have heard about them before, but never quite thought about how they can help you personally. They seem to be an ambiguous element ... , in exactly the same way, for many more years to come.

Posted by Sassassin

online business.png

Connect with us:
...