How is intra day trading done?

Linus

Active Member
#13
Hello

Can any one tell me how intraday trading is done.

THX
Amit

Alone,quietly, in a corner of a closed room, your face glued to the terminal screen. No newspapers, no CNBC, no chatting. Plenty of orange juice, cigarettes,chewing gums, and chocolates. Most importantly no fat fingers!

:D :D

s :D s
 
Last edited:

sudoku1

Well-Known Member
#17
Finding a Target.......
brief overview of some common day trading strategies:

Scalping...
Scalping is one of the most popular strategies, and it involves selling almost immediately after a trade becomes profitable. Here the price target is obviously just after profitability is attained.

Fading.....
Fading involves shorting stocks after rapid moves upwards. This is based on the assumption that (1) they are overbought, (2) early buyers are ready to begin taking profits and (3) existing buyers may be scared out. Although risky, this strategy can be extremely rewarding. Here the price target is when buyers begin stepping in again.

Daily Pivots......
This strategy involves profiting from a stock's daily volatility. This is done by attempting to buy at the low of the day (LOD) and sell at the high of the day (HOD). Here the price target is simply at the next sign of a reversal, using the same patterns as above.

Momentum...............
This strategy usually involves trading on news releases or finding strong trending moves supported by high volume. One type of momentum trader will buy on news releases and ride a trend until it exhibits signs of reversal. The other type will fade the price surge. Here the price target is when volume begins to decrease and bearish candles start appearing.

You can see that, although the entries in day trading strategies typically rely on the same tools used in normal trading, the exits are where the differences occur. In most cases, however, you will be looking to exit when there is decreased interest in the stock ......:)

but at the end , have 2 admit that day trading is akin 2 taking out money from someones pocket.........:D