All about trading

India
August 13, 2010 7:42am CST
Have anyone been to trading,i mean stock trading.I just started trading a month ago.The result is not so bad,but am still struggling to track the market.Do anyone got some ideas regarding this aspect. what is the best strategy you think i should follow in day trading? I feel good at your help.
3 responses
@TeamCholent (2832)
• United States
13 Aug 10
Firstly all the money you are investing can you afford to lose it? Also what are you investing goals, do you day trade and sell daily or are you looking for something more long term? What markets are you looking to invest in, international or your local market. Are you looking for large profit and more risk or more conservative? I myself buy stocks daily but am not a day trader, I am buying for the long run and spreading my portfolio around. Let me know and I can help you out.
@divitiae (193)
21 Aug 10
? If you buy stockS daily and don't sell, you have minimum of 730 stocks after 1 year! Why not just buy a tracker and save £20 plus in commission every single day?
• United States
22 Aug 10
@divitiae, who said everyday is a new stock? Stock prices change every minute and I hold maybe 30 different company stocks. My commission and fees is so small I am not concerned about that. @Mantisman, I accepted the friend request.
22 Aug 10
TeamCholent, Can you somehow get in contact with me please? As I am interested in getting into investing and building up a portfolio, Ideally, I would like a mix of long term AND a selection of short term gains.. Thanks!
• India
18 Aug 10
I am also started trading two months ago. I have not earned much from trading. In some stocks I have got profit and in some i am in loss. I made a mistake by not putting stoploss.
@divitiae (193)
21 Aug 10
I hate stop losses, if a company is good value at 100p it is even better at 50p, you should be buying more not selling. If you first saw that company for 50p you would still have brought it, why does the amount you have personally lost affect the company's prospects? Stop losses force you to trade on irrelevant info.
• Malaysia
13 Aug 10
Market trading is good when you know what to invest in.. I think what you can do is to read more business news and slowly gage the market.. I'd like to start doing this, but I've not enough capital and I'm too scared of the risks that comes in with stocks.. Do you do it online? Do they accept international traders? lol, what's the minimum to deposit to start trading? If the terms is good, maybe I'll be interested to.. hahahah
@divitiae (193)
21 Aug 10
You can buy shares online for as little as £1.50 to buy and £11.95 to sell using Halifax share builder. You will be able to trade international stocks but it is more expensive (maybe £15 each way). The minimum allowed is £5 at Halifax but commission would eat up so much that it isn't really worth it for less than £1000.