To columbs,
I saw your post under a thread (I dont recollect it though), wherein you are mentioning that doing part time day trading and doing a regular full time job is like sailing on two boats......I am realizing this now.....a meeting or that kind of thing at job really destroys your sinc up from market resulting in losses for you...It has happened quite few times with me.....but will to success in this profession has always kept me going on despite of all the obstacles and losses...
Swing trading is what ideal solution could be for me......but I am not comfortable with gapups and gap down openings (they have caused me lot of pain in the past).....
Bottom line is that...I should be doing swing trading rather than day trading but is there any way I could manage gap ups and gap down openings?
To Nishikant,
Can you help us out in this case? Using your analysis and experience can you tell if we can keep our position(buy or sell) overnight depending upon the point of close?
Your accurate predictions (analysis), could really help us if you could make us suggestion about keepin overnight position for the next day, either in market hours or after the market hours....
Thanks......