Absolute Beginner Guide.

[snjshr]

Thanks for your support you guys are great , ok I want to know that if I purchase future for the month of jan which will expire in 31st jan, if I saw a rise and I see some profit can i sell that before the expiry date.

 

[Asish07]

Asish07,

You only need enough data(3 or 4 weeks) to get weekly charts and there is no need to get additional data for weekly. Familiarise with MS and use its user guide for forther formation regarding this.

TFL.

yeah,I got it. It seemed like a stupid question at the end MetaStock is smart enough to do that.

Anyway thank you very much TFL.

 

[TFL]

Thanks for your support you guys are great , ok I want to know that if I purchase future for the month of jan which will expire in 31st jan, if I saw a rise and I see some profit can i sell that before the expiry date.

Why not? You can sell at any time.

TFL.

 

[nick721156]

Re: General Guide to Day Trading

Sorry, can you write your question in another way?

TFL.

Dear TFL,

As you have said that we should have 02 monitors to watch the charts/graphs and real time quotes , we must have 02 internet connections for 02 monitors (02 PCs); otherwise, we won't be able to see both the items at the same time.

Am I clear this time?

Regards,

Raju

 

[TFL]

Re: General Guide to Day Trading

Dear TFL,

As you have said that we should have 02 monitors to watch the charts/graphs and real time quotes , we must have 02 internet connections for 02 monitors (02 PCs); otherwise, we won't be able to see both the items at the same time.

Am I clear this time?

Regards,

Raju

You only need one internet connection for both.

TFL.

 

[chisti]

Re: .:|Absolute Beginner Guide for Day Trading .:|INDEX|:.

.

INDEX

1. General Guide to Day Trading & Trading Setup
2. Investor or Trader ? (Soon...)
​

TFL Da
thanks for taking lot of pain for the beginners like me. Though I am late to know this thread, but it will be very effective for us.
A very well started thread......i really appreciate it....and i would request you post further more effective threads.....as i am also new to this trading........i would like to know all about stocks and trading and shares.........keep up the good initiative.
regards
chisti

 

[snjshr]

Hi guys I am using india info line software for trading I want to know two things
1. is there any fixed monthly amount we need to pay to indiainfo for brokerage charge like some where I hear they charge 800per month min and 8000 for yearly. for using their TTA software.

2. how do they calculate brokerage for intraday
let say we buy 2000shares @50 paisa plz tell me how will they calculate its brokerage charges. plz explain

 

[nick721156]

Dear TFL,

I have not done day trading as yet. But planning to do so in near future. I have a couple of questions. Hope you won't mind answering.

1. Once I have all the infrastructure like 01 PC, 02 monitors and an internet connection; I need to choose a brocker. Please enlighten me which one is better - software based trading platform or web based trading platform for both day trading and delevry based trading.

2. Say, I have opened a trading account with a brocker for both day and delivery based trading. For delivery based equity trading, I have some experience because I have been doing it for sometime. I use EOD data with a free charting software to decide entry and exit points of stocks. How to approach entry and exit in case of day trading? I am trying to visualise an actual scenerio in day trading. Let us take, market is open. I have opened my ODIN Diet software(No idea about it except that it is good for day trading!!) for doing day trading. Now on one screen I am watching the live intraday chart of a particular scrip and on the other ready for order placement. Now how to decide my entry point? Is it possible to draw trend line, support/resistance or other indicators on the live intraday chart with the help of ODIE diet software? Because based on these indicator and price chart, I shall place my entry and exit point. (I use this for my delivery based trading.). Please clarify my doubts.

3. I have talked with Bonanza broking house? How are they? They are asking me .04 intraday and .3 for delivery? They have ODIN diet software. Apart from brokerages, what are the other minimum factors one must take into account before finalising a broker?

I sincerely hope you and seniors will try to guide me.

Regards,


Raju

 

[ranjit_maver]

Thank you for sharing very good info.

 

[nick721156]

Dear TFL,

I have not done day trading as yet. But planning to do so in near future. I have a couple of questions. Hope you won't mind answering.

1. Once I have all the infrastructure like 01 PC, 02 monitors and an internet connection;............. finalising a broker?

I sincerely hope you and seniors will try to guide me.

Regards,


Raju

Dear TFL,

Waiting for your clarification and guidance.

Regards,

Raju