Selecting stocks for day trading
Stock price should have less spread. So you need to have comprehensive knowledge and patience to judge every trading opportunity and select the trades that will get you good return in the future. It is very dangerous to day trade in extremely high volatile stock. Buy at low price and sell at high price 2. It is spread of that particular stock.
Day trading means you have to complete your trade within one day. Price difference between buy price and sell price is known as spread. Recent Posts Day Traders: SoIn short we have apply below criteria for Stock Selection:
Stock must be volatile 3. Means you have only minutes to complete your trade. At this point you can not afford to cling on to hold that stock in the hope that this stock will give you further profit. It is spread of that particular stock.
It is spread of that particular stock. This is simply because if you have opted for long term trading your choice of trades would be completely different from the stocks that are suitable for daily trading. Selecting stocks for day trading you should KNOW…. Your trading decisions and selection of stock should be governed by the result of the analysis and the market trend. Actively trading and popular stocks are good for day trading.
While selecting stock first you have to consider limitation of day trading and then accordingly you have to select stocks. So you need to have comprehensive knowledge and patience to judge every trading opportunity and select the trades that will get you selecting stocks for day trading return in the future. Price difference between buy price and sell price is known as spread.
At NSEnormal trading starts at 9: Knowledge you should KNOW…. So the basis of selection is primarily dependent on your basic trading strategy. Leave a Reply Cancel reply Your email address will not be published. Stock must be liquid 2.
This is the plan that will decide what are the types of stock that you would trade? Knowledge you should KNOW…. Suppose buy price of another stock is and sell price is Most of novice traders are very confused about Stock selection. For example if you are looking for generating a regular selecting stocks for day trading from stock marketyou have to concentrate and give more emphasis on day trading.