Day Trading Precautions
1. Take
precision and accurate decisions which will decide your profit or loss.
2. Very Important - Dont get tempted in entering the
trade.Wait and watch its price movement and its volumes.
If buying volumes are increasing with price then you can take it as positive
trade.
3. If you don’t spend much, you can’t lose much. Never ever
put all your money in stock market.
Never ever put all
your money in single stock trade in day trading.
4. Come out from
wrong trade - If you feel that you have done wrong trade or entered at wrong
price and stock
price is going against you wrong
direction then you must immediately square off your trade and come out.
May be you have to accept small loss. It’s better to
accept small loss instead of huge loss later.
5. Every day is
different - Take each day with different view and dont think that what
happened yesterday will
happen it today again. If you are
not able to get profit then never mind but dont make it forcefully which may
end up in loss.
Disclaimer: Information presented on this site is a guide
only. It may not necessarily be correct and is not intended to be taken
as
financial advice nor has it been prepared with regard to the individual
investment needs and objectives or financial situation
of any particular
person. Stock quotes are believed to be accurate and correctly dated, but
www.intradaystockstips.org does not warrant or guarantee their accuracy or date.
Copyright © 2007 www.intradaystocktips.org All Rights Reserved
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Day trading time - When to do day
trading
The best time to do day trading is first 2 hours and last 1
hour, first 2 hours is between 10 a.m. to 12 noon and while closing 2 to 3 to
3.15 p.m. during this time you will find lots of momentum in stocks which makes
you easy to enter and book profit and come out from the trade.
But after all,
it’s all on you how and when to do trading. After all you have to gain profit
then it may be at any time.
Chapters
Precuations in Day Trading
I S T
Your Place to Invest
