Day Traders are bleeding big time

bull · 1 Day Traders are bleeding big time Wed Aug 24, 2011 1:34 pm

bull

Equity Analytic

Posts : 45
Equity Stars : 4992
Reputation : 7
Join date : 2011-06-07

My deepest Sympathies to my self and them

NimeshaJK · 2 Re: Day Traders are bleeding big time Wed Aug 24, 2011 1:41 pm

NimeshaJK

Manager - Equity Analytics

Posts : 161
Equity Stars : 5075
Reputation : 13
Join date : 2011-07-14
Location : Colombo

me and you all too.. Smile

ha_na · 3 Re: Day Traders are bleeding big time Wed Aug 24, 2011 7:40 pm

ha_na

Manager - Equity Analytics

Posts : 117
Equity Stars : 5150
Reputation : 20
Join date : 2011-03-30
Age : 49

bull wrote:My deepest Sympathies to my self and them

It is your fault my dear. How can you day trade in a long position in bear market?

Namalaka · 4 Re: Day Traders are bleeding big time Wed Aug 24, 2011 8:05 pm

Namalaka

Manager - Equity Analytics

Posts : 116
Equity Stars : 5036
Reputation : 9
Join date : 2011-06-22

Hey guys.. Try 2 be good investors.. But not day traders..
stick to fundamentals..

sak · 5 Re: Day Traders are bleeding big time Wed Aug 24, 2011 9:33 pm

sak

Equity Analytic

Posts : 36
Equity Stars : 4886
Reputation : 0
Join date : 2011-08-18
Location : Wattala

Today my loss is 40000/- shittttttt.

a_randy · 6 Re: Day Traders are bleeding big time Wed Aug 24, 2011 10:17 pm

a_randy

Manager - Equity Analytics

Posts : 162
Equity Stars : 5124
Reputation : 7
Join date : 2011-06-07

Stock market kiyanne suuduwak nemei, investment method 1k.

Tiger · 7 Re: Day Traders are bleeding big time Wed Aug 24, 2011 10:43 pm

Tiger

Assistant Vice President - Equity Analytics

Posts : 700
Equity Stars : 5722
Reputation : 85
Join date : 2011-06-03
Location : Dubai

Namalaka wrote:Hey guys.. Try 2 be good investors.. But not day traders..
stick to fundamentals..

Don't agree with you, lot of people make lot of money by being traders. There are milliners and billioners in trading. If you know what you are doing, doesn't matter which path you select.

Loss is part of investment or trading, if you are scared off in losses or if you cannot afford losses, business may not be suitable for those.

All what you have to do is master the art of doing trading, waiting till you get the confirmation of rally, when you really sure of rally enter and when you earn your profit get out. If you don't know any of those dont enter at all. In trading try to achieve 90% success rate, that you can do only by studying all indicators and keeping patience.

Wait until you are 100% sure then enter quickly.

Rajaraam · 8 Re: Day Traders are bleeding big time Wed Aug 24, 2011 11:13 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6236
Reputation : 113
Join date : 2011-07-01

Very good Tiger, Very clear explanation.thank you Tiger.

Kithsiri · 9 Re: Day Traders are bleeding big time Thu Aug 25, 2011 12:26 am

Kithsiri

Senior Vice President - Equity Analytics

Posts : 1758
Equity Stars : 7284
Reputation : 132
Join date : 2011-03-25
Age : 66
Location : රජ්ගම

Know your Break-even point and try not to be too greedy.

peresanjeewa@gmail.com · 10 Re: Day Traders are bleeding big time Fri Sep 02, 2011 8:53 pm

peresanjeewa@gmail.com

Senior Equity Analytic

Posts : 97
Equity Stars : 5000
Reputation : 4
Join date : 2011-07-19

sak wrote:Today my loss is 40000/- shittttttt.

you dont know the patterns. check my posts.

stockanalytic · 11 Re: Day Traders are bleeding big time Fri Sep 02, 2011 9:39 pm

stockanalytic

Manager - Equity Analytics

Posts : 114
Equity Stars : 5209
Reputation : 20
Join date : 2011-03-29
Age : 41

Yesterday, I got ACME for day trading. But finally I couldn't sell it yesterday due to my laptop problem. I was in loss. Today morning I compared the trading pattern of ACME with HVA, COLO, BLUE. Finally I sold ACME with 35000/= loss. I entered into COLO but trading pattern was not promising. So, I sold it at break-even (small loss) and I collected BLUE between 9.1-9.7/= with that money. I sold part of the BLUE (50%) above 11/=.
You need experience and good analytic vision for day trading. Don't burn yourself without proper knowledge about day trading and stock moving pattern of CSE stocks.