List of best tacktics to make huge bucks in stock market intra-day trading?
Like sometimes i buy shares n sell the same day for 1-2% profit, should i buy immediately or waiting is better? what are the other things i can do in intra-day? to make money?
i pump 1 lakh rupees
and even if i make 1% profit (after adding brokerage&taxes) i make 1 thousand rupees!
I dont know if you will make money or not. But the broker with whom you trade will certainly make more money by your intraday activity.
Till date there are not a single day trader who has consistently made money, without risking his sampatti.
My sincere advice would be to find a few really good stock and invest for mid to long term.
In case you are in a hurry. then I am afraid, there are no shortcuts.
Comments
I use this tactic…
buy 1000 stock at price $100
5000 x $100 = USD 500k
then i and my company(stock broker) go down the floor,spread the rumor about the good news about the company…
i using my networking in the brokerage manage to spread the FAKE news to about all the client…
phew….Not more than 2 hour…
the stock price soar to $125
what more?
i sell the stock make around USD 60k profit in 2 hour or equivalent to my half month salary.
USD 60k = my hallf month salary
References :
its not easy job to earn in day trading i suggest u .dont try this its a risky project and in this game u will loose ur all hard earn money.Some time u earn but most of the time u will have loss.
References :
experience
YOu need to educate yourself about finances seriously. Many sites claim you can daytrade without even knowing the stock behind the symbol based on technical analysis. Thats bogus. You need a solid education and overview over the markets sectors market cycles macro economics of the markets and fundamental indicators important to the markets like the gdp. After that you need a lot of practice predicting stock prices aint easy and it depends on the day and current overall situation if a stock dipped for a bounce or if it is going down for good.
References :
With intraday, you have an added advantage of Margin trading with many online traders. That is, the traders allow you to trade for 4-5 times of your actual money in the bank account. This facility is generally not available for cash based delivery trades.
For intraday trading, you should have live quotes available for the stocks.
References :
For free intraday live quotes, visit:
http://marketlive.in
March 30th, 2010 at 1:08 pm
I dont know if you will make money or not. But the broker with whom you trade will certainly make more money by your intraday activity.
Till date there are not a single day trader who has consistently made money, without risking his sampatti.
My sincere advice would be to find a few really good stock and invest for mid to long term.
In case you are in a hurry. then I am afraid, there are no shortcuts.
References :
own experience of over 12 years of trading on BSE & NSE