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2006-12-15 20:50:53 · 12 answers · asked by NARENDER S 1 in Business & Finance Investing

12 answers

This depends on the amount of money you are using as risk capital.
A fair average might be 4-8% per month, assuming you are trading successfully. Day trading needs to be treated like a job and a business.

You will lose money, and you can make money. When your returns exceed your losses consistently, you can consider yourself successful. Keep educating yourself, and learn to manage your risk/losses.

2006-12-15 23:25:13 · answer #1 · answered by John C 2 · 0 1

I think brokerages try to make day trading seem like a very "cool" thing to do. Buy-and-hold has historically been a better approach. Spend your free time doing research. Study companies' SEC filings. Invest and hold for a few months, and then reevaluate. This will lead to better results, and much less money spent on commissions.

For investment ideas, see what the best traders are buying and selling at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

2006-12-16 02:01:34 · answer #2 · answered by Anonymous · 0 0

I tryed daytrading for a few years. I had some big days making around $3000.00 a few times but by the end of the year i was broke. Your better off contributing a little bit each month to a mutual fund or buying quality stocks and holding for the long run. With mutual funds you can have money taken right out your bank account at the end of the month. Ive been doing this for a while and have been able to accumulate a nice bit of money. I wish i never tried daytrading. Id be a lot richer right now.

2006-12-15 23:47:37 · answer #3 · answered by Marko 2 · 1 0

That is called pattern day trading, where you make more than 4 trades in a 5 day period. I don't know about India or wherever you are from, but in the USA, pattern day trading has many rules and regulations that normal day traders don't have to abide by. In order to pattern day trade, a trader has to keep $25,000 in a margin account in order to make those types of trades, plus there are many other rules. I day trade and I make 1 trade every other day. My goal every time I trade is to make 1-2%. Anything more than that is very risky and extremely difficult. Some days I don't make that goal and have to sell at a loss, so not every day is a profit. I don't think you will be successful at it if you try to make more than that.

2016-03-29 09:07:58 · answer #4 · answered by Anonymous · 0 0

You can never earn in day trading. It is similar to winning in casinos. Have you ever come across a person who have earned money in stock market day trading continuously?

2006-12-16 03:08:07 · answer #5 · answered by cvrk3 4 · 0 0

always risky.
Day trading:
Refers to buying/selling and reversing the entire position on the same day. Is the investment, speculation or risk management approach which is limited to intra-day activity with little or no overnight carrying of positions.
try u r luck and best wishes

2006-12-18 03:59:09 · answer #6 · answered by udayashanker k 3 · 0 0

if u invst in stock market thn u may gain lot if ur bold enough to know wch share is raising in market and wch declines or u may loose every single money

2006-12-15 21:01:35 · answer #7 · answered by Anonymous · 0 0

You COULD make trillions. You probably will lose. About 90% of people who day trade lose money.

2006-12-15 22:25:40 · answer #8 · answered by Big R 6 · 0 0

rs 100000 but it depends on the way you trade the limit you have and stocks on which you trade .they should be running stocks

2006-12-15 22:02:34 · answer #9 · answered by MUDIT 2 · 0 0

You will make & loose money. End result - If you r smart then you will not exit as a looser (Though you may not gain much). Play safe invest in MF's.

2006-12-15 20:58:57 · answer #10 · answered by romi 72 1 · 0 1

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