brokers with tight spreads and your bank balance will thank you for. The real day trading question then, does it really work? M exists to help novice traders get educated and avoid mistakes. If a company releases 10,000 shares in the initial IPO, the float would be 10,000.
They can help with pattern recognition and enable you to arrive at systematic trading decisions. The best way to learn the basics is to utilise the range of resources available to you. Weve all heard stories of Indian gurus who have made vast fortunes, including Dhirendra Kumar and Samir Arora.
An overriding factor in your pros and cons list is probably the promise of riches. There are a number of day trading techniques and strategies out there, but all will rely on accurate data, carefully laid out in charts and spreadsheets. Patterns And Technical Analysis Guatam Shah is one of India s biggest technical analysts and he swears by the use of charts, patterns, and in-depth technical analysis. Always sit down forex logic with a calculator and run the numbers before you enter a position. Recognising your own psychological pitfalls and separating your emotions is imperative. Day Trading For a Living So you want to start day trading as a career in India?