Hi,

Any one can tell me what is "Day Trading" ? .

If I buy Future or Option in Morning and sell in evening before closing of market.

Another example

I buy NIFTY Future at 10 Am and sell at 1 PM

I buy Nifty Future at 10 AM and sell at 10:30 AM

I basically close my position before market closes whether in loss or profit!

I don't take market home and sleep well!

"Day Trading" is when you close your position on the same day.

If can be done in stocks, futures or options.

If you carry a position to the next day, it isn't "day trading"

e.g. If you buy 10 shares of ACC in the morning and sell them before market closes, it is called "day trading".

Any doubts? ?

__________________
Read All Rules Before Making Any Post | E-Investing on Google+

Hehehe.. sarcasm... with wisdom!!!

I have just started with Trading.... Trying to get my basics straight..
Can u plz let me know where i can learn terminology re:

1) stop loss, ATST, Margin, squaring etc //Reliance Money
2) how to interpret technical charts, eg.. hammer, doji, williamr% etc
3) any trading software that's freely available regarding prediction..

Thanks for a forum like this!!

my friend u must begin with reading some gud book on technical analysis.
there are many books available in market .the one i know "Technical analysis
of futures market" by john murphy is a very gud one.there are other gud authors such martin pring ,john person etc. u can choose a book written by them.

regards.

Is this a part in trading??? or an option?? means if i'm doing day trading most times, but once when market falls, is it compulsory for me to do day trading as i'm doing day trading??. is it compulsory for a day traders to buy or sell stocks in the same day or merely the term means so?? sorry i'm new to this field

It isn't compulsory, but you should have cash/shares with you to convert your day-trading position to delivery position.

If your broker allows you and you have sufficient cash, you can convert your long day-trading position to delivery position.

For short positions, you will need the shares in your demat account to convert your day-trading position to delivery position.

__________________
Read All Rules Before Making Any Post | E-Investing on Google+

First of all thanks for the answer.
Why "If your Broker allows" ?? If i'm having sufficient Cash/Share with me, whether the broker can compel me to do business. Sorry i didn't got the point "If your Broker allows"

A few brokers don't allow day-trading positions to be converted to delivery positions after a particular time.

(You can always convert delivery position to day-trading position by doing a reverse trade).

e.g. In case of Indiabulls, a day-trading position can't be converted to delivery position after 3 PM.

__________________
Read All Rules Before Making Any Post | E-Investing on Google+

Now it is clear to me about day trading. thank you very much Alchemist for your kind advice

Day Traders 2.0: Wired, Angry and Loving It.

Link

It's also in today's DNA Money, page 24.