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I want to know about intraday trading, can i earn money by this and how, from where i can get better knowledge |
intraday trading is the trading in which we can buy or sell shares in the same day, so i want to know that how i can get proper knowledge so that i can earn more money easily, and also tell me about dilivery of share, how much safe is online trading? you get proper knowledge like everyone else- losing lots of money first then figuring out why you did while trying not to do it again i have a better opportunity to earning passive income. Intraday or "Day-traders" as people call them, needs to be very knowledgable about the market,as they can greatly affect the outcome. You will have to set up an account with an online broker. They will probably 'interview' you to see how knowledgable you are. The account is also very expensive, usually taking about $25,000 just to start up. Your shares remain electronically with the broker, unless you request them hard copy.(Day trader wouldn`t do this, only someone going long).Retain a reputable broker, and online trading is completely safe. (No offense, but if you have to ask this question, you are not ready to day trade). To start learning more, try out www.investopedia.com To ur qus. the reply is that u need not buy.U can follow following steps. Log in to ur demat a/c website.Go 2 allocate fund.Then go to Margin plus order.If u feel the script ur selecting will fall, then opt Bye option,below it will automatically show Sell.Settlement will be done during clos, if price falls, the difference (deducting statutory charges ) will be credited to your a/c. To get proper knowledge u can read Economic Times and many other buss.news papers, can see CNBC, NDTV Profit,etc. on TV, read and study from magazines. Study the report of company before investing. see the balance sheet of company. se the trend of market. money making is not that easy. more risk more profit, less risk, less profit. long term investment is rather good option, that too in good companies. with charts & experiance daily trading is the most dangerous thing. first get used to investing for short term and come to day trading only once u get the feel of movements of prices in share market.. I have been into shares from 1986 and have seen a very few people make money in day trading only. If u want to make money in shares u have to invest and wait. Contact : vinay_p1979@yahoo.co.in |
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