Why i am Making loss in Intraday trading in Eq (Bse/Nse)?
I am doing Intra day trading in equity market (Bse/Nse) but continuselay making loss from last 3/4 months. i have jointed paid services of Intra day tip but that also didn't work............
i also have hear that onli 2 ppl are making profit out of 100 in Intra day trading.............pls share u r views,tips etc.........u r guidance will surely help me.......thx
Public Comments
1. Because "day-trading" (unlike long-term investing) is basically a zero-sum game; unless the market moves up hundreds of point every day, for one person to make money on a day-trade, another person has to lose money. So half (at least) of the people participating have to lose money! Lucky you, you are one of them!
2. If only 2% are making money at this which means 98% are losing money it sound a bit risky. I would avoid it.
3. dear if u want to earn in day trading, first read some technical analysis books and than do some paper trading and always use stop loss.
if u find 1:1 ratio in paper trading than only enter in stock market for day trading because day trading having no fundamentals and only technical play.
4. If you are not good at intra day trading, MAYBE YOU NEED TO QUIT DOING THIS???? Pick a diversified group of mutual funds & keep investing money into these.
Let the pro's pick stocks for you, at minimal expense.