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Serving Since 2007
The Indian market is expected to open flat-to-higher on Friday tracking muted trend seen in other Asian markets.

After a stunning rally in the global equity market over the past two days, stocks collectively took a breather ahead of the weekend. US Stocks traded range bound overnight weighed down by an abrupt halt to the rally in oil prices, which failed to hold on to the crucial $50 mark. The Dow Jones ended 23.22 points lower.

The most awaited speech since the US Federal Reserve's FOMC meeting way back in April, the Fed chief will speak at Massachusetts on Friday night as investors look on for clues to a rate hike.
STOCKS TO WATCH TODAY FOR TRADING
Power Grid: The state-run company posted a 13.2 per cent jump in standalone net profit at Rs 1,599.05 crore for the March quarter on higher revenues from power transmission business.

Jet Airways: Jet Airways posted its first annual net profit after eight years and its fourth straight quarterly net profit helped by lower fuel expenses and its own cost control measures.

ONGC: Oil and Natural Gas Corporation's fourth quarter profit jumped 12% mainly on reversal of impairment loss as well as lower provisioning for dry wells.

Deepak Fertilisers: The company reported a 5 per cent decline in net profit at Rs 25.92 crore for the fourth quarter of 2015-16 financial year.

SBI - State Bank of India is going to post Q4 results today.
Serving Since 2007
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Learn and then Earn
Earning money in share maket  requires appropriate knowledge and experience, so it is highly advisable to gain adequate knowledge before start trading and investing in share market.
DayTradingShares.com
Welcome to Indian Share Market
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The information provided on this website is for educational purpose and not to be considered as investing or trading advice.
The investment and trading has to be done on sole discretion and www.daytradingshares.com or any person related to this site Should not be held responsible for the outcome.
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Day Trading Precautions
Every situation is not suitable for day trading. So please have a look on following situation which you can try to avoid to prevent losses in day trading. In trading we say money saved is money earned, so if you learn how to avoid losses and you will learn how to make money in day trading.

1. If you are new comer to share market avoid starting with day trading.
2. When you have a strong mind set (especially new comers to share market) that you want to earn big amount of money very fast in single day.
3. Not confident and not sure
4. Not able to judge market
5. No good mind frame
6. When market opens and closes (especially for new comers).
7. When shares and markets are trading in very narrow range.
8. Impatience, Greed and Fear
If you are new comer to share market

New comers to share market should avoid day trading. They should study entire market like important terms, global markets, share movements and should acquire lots of information and then start doing paper trading practice before actual starting the day trading.

Note -
Day trading is risky if you donít have appropriate knowledge.
Most of the important information related to share and share market is mentioned on our website.
If you wish to do paper trading practice then please visit below link for see the practical ways of doing it
Day_trading_practice_simulation
If you have mindset that you want to earn fast money in trading and in that also in single day

We have heard that most of the people come to share market or to day trading to earn fast money and in single day.
According to our experience it is not possible to achieve this type of success because share market is not gambling.
And if people continue trading by keeping same mind set then it is risky and chances are there that they may lose all their money.
Share market or day trading is not where you have to test you luck but in fact it requires the systematic approach by studying the various factors and parameters.

Not confident and not sure

If you are not confident and you are getting felling of losing money then donít do day trading.
The fear of loss of money comes to mind if you donít have proper knowledge of the product and the system. So donít continue trading.
First, gain all necessary information and start working on paper trading practice and try to gain profit in paper trading because this will boost your confidence and then you can plan to do actual trading with small capital.
Not able to judge the market direction

It happens many times that even experience traders or analysts were not able to judge the market direction due to various reasons like impact of global markets, domestic circumstances and many more.
So it is recommended to avoid trading if you are  not able to judge the market directon so take break for some time and then try to analyze.
If you have good patience then you can sit and watch the trading terminal and wait for right opportunity and if you donít have patience then take break.

No good mind frame

Mind frame plays very important role in day trading but in fact even in investing.
Success (profit) and failure (loss) depends how you react to current market situation.
If you are in angry or upset mood then it is risky to do day trading, so avoid trading for that day for that time.
Even if you are feeling uncomfortable then also it is recommended to stop trading and take break for a while or for entire day.
Money saved is money earned.
When market opens and closes

Market opens at 09:15 am and closes at 3:30 pm.
During this period, mostly 20 to 30 minutes of tolerance, the trading happens very unexpectedly due to participation of big players/traders due to which market becomes indecisive for some time so if you are new or donít have enough experience to judge the market then trading should be avoided during this period.
To know more about some more factors where you can avoid trading please visit at Day trading timings

When market is moving in narrow range

It has been observed that some times market neither goes up nor it moves down it just oscillates (moves up and down) in very small narrow range due to which it becomes very difficult to take analyze the market and take the trading decision.
At the same time it becomes very difficult to judge the specific stock movement whether the stock price is going up or moving down.
So in such circumstances apply wait and watch strategy and only trade when market moves in any one particular direction donít try to do forceful trades by predicting the market direction.

Impatience, Greed and Fear

If you have high influence of greed and fear then first you should work out to reduce the intensity of these two factors because these two factors are considered as enemies for day traders and also for investors.
Impatience is another important factor which makes you to panic and take inappropriate decisions while trading. So avoid becoming impatience and having enough patience which is prime requirement for day trading.
If you are interested to know more about how to take control of your mind set then please visit at
Mind preparation for Day Trading