Most people loose in intraday, why?
2006-12-30 16:33:31 · 10 answers · asked by ram 1 in Business & Finance ➔ Investing
You have to have access to level 2 live streaming quotes and the right charts. You have to know how to read charts and set charts with the proper indicators. Also, when you enter your buy order, enter a tight stop loss. Enter your buy when the right indicator shows an upswing if you are long. Babysit the trade tick by tick and take a quick profit. Don't be greedy. Definately not for amatuers.
2006-12-30 18:13:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
How do you avoid losing money daytrading?
1. Have a plan, one that allows you to prepare well for a possible loss. This could include spreading your money across multiple positions (ie more than one stock).
2. Accept that you will lose money. There is no way you can expect 100% accuracy. The goal of never having a bad trade is effectively unrealistic.
Most people lose money trading intraday because trading losses are a part of life. It's not that you won't lose money, it's how you handle those losing money situations so you can get on with the profitable trades. Only a handful of people are prepared for this aspect of trading. These are the successful traders.
2006-12-31 01:31:12 · answer #2 · answered by John C 2 · 1⤊ 0⤋
Intraday trading is always risky. To reduce your risk you can see for few days the stock in which u want to do intraday. see around what time it goes up and what time its value is down. In few days you will be able to understand the movements of the stock and then you can try on that. The best thing is to do trading for intraweek that can reduce the losses, but in that also u need to be very very smart. just observe the movement of the stock for some time then only invest. Have a happy trading.
2016-05-22 22:53:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
There is always loss (drawdowns) involved in intraday trading which you have to accept. Whole game is about keeping DDs at reasonable level.
Most people try to catch profit but they don`t manage risk. This sooner or later leads to losses.
2006-12-30 19:02:34 · answer #4 · answered by efpol2000 2 · 0⤊ 1⤋
Simple try to minimise the speculative trades
2006-12-30 16:48:48 · answer #5 · answered by pranay 4 · 0⤊ 1⤋
In the short run you are not investing but speculating. When you guess you can be wrong. Don't speculate - invest.
2006-12-30 16:37:14 · answer #6 · answered by vegas_iwish 5 · 0⤊ 0⤋
Always keep in mind that investing in markets is NOT a win-win proposition.
Invest in companies (not in markets).
2006-12-30 17:25:56 · answer #7 · answered by Anonymous · 0⤊ 1⤋
use buy sell & stoploss point basis on technical analysis
get lower brokerage rate
2006-12-30 22:19:29 · answer #8 · answered by dinu_pawar 5 · 0⤊ 1⤋
dont do it u will not making loss
2006-12-30 20:34:50 · answer #9 · answered by spc_sdc 2 · 0⤊ 1⤋
Intraday is not bad, if you precisily manage risk.
See: Money management.
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2006-12-30 20:06:11 · answer #10 · answered by muso m 2 · 0⤊ 2⤋