Day trading in stock market

Trading in any form is one I never liked and never recommend there are few interesting facts which I found and I am sharing the same.


There are growing numbers of day traders who are very disciplined and professional in their approach and it has been demanding task for them as market has been outgrowing and only people with their own analytical skills have survived better and they have changed with the terms & tunes of market. Day traders provided liquidity, volumes and stability in markets and that has been one reason for high intraday volatility. Now time has come to upgrade themselves which will be a very difficult task as many Indian day traders have been traders due to constrains in capital and they have to upgrade to improve their earning.

• Day trading is a zero sum game where 90% of the people lose to smart 10% people on regular basis
• Traders in my view should be smart by self and he/she should develop his/her own technique, any one taking tips or advice can’t sustain in long term.
• Smart day traders enter late into trade and fast to exit first and last 30-45minutes they never trade.
• Day trading means squaring up their position intraday profit/loss and there is never change in focus and they never become a forced investor.
• Cutting their losses and running profits are their inherent skills
• Interesting facts is 30% of the total money lost by traders goes into the hands of brokers a.s way of brokerage and rest towards taxes to government

Algorithms may push day-traders to the brink, Thousands of day-traders earning a living from arbitrage opportunities in Indian stock markets may become extinct in the next few years, thanks to the accelerating interest in algorithmic trading. The rising number of brokerages with algorithm, or computer programme-driven trading, may turn out to be a second turning point in Indian markets after the introduction of electronic trading a decade-and-a-half ago, which shuttered about 20 stock exchanges and many local brokerages, but expanded the trading community and volumes by leaps and bounds. http://economictimes.indiatimes.com/markets/stocks/market-news/Algorithms-may-push-day-traders-to-the-brink/articleshow/5438544.cms


Can you insure wrong trades put in by brokers?


NOW that trading hours have been advanced, should every function linked to the stock market also start at that time that is what one annoyed broker feels. This person punched in a wrong trade minutes after trading began on Monday. He frantically tried getting in touch with the insurance company to make a claim, only to be told that their business hours started from 10 o clock.


The Adhunik Group of Industries, with interests in power, steel, cement, transmission towers and mining businesses, has initiated talks to acquire 50% stake in an Australian coking coal mine for $100 million, said a person with direct knowledge of the development. The mine, located in the Bowen Basin of Queensland, has total estimated coal reserves of around 180 million tonne.     The deal, if successful, will be routed through public-listed Adhunik Metaliks, which is the flagship company of Adhunik group, and operates an integrated steel plant in Orissa. Coking coal is a key input for steel-making, and the acquisition will help Adhunik Metaliks meet its raw material requirements. http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/metals-mining/Adhunik-in-talks-to-buy-50-in-Australian-mine-for-100-mn/articleshow/5438719.cms