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Sri Lanka Equity Forum » Stock Market Talk » Day traders need not worry about the lowest turnover

Day traders need not worry about the lowest turnover

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Asoka Samarakone


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Day traders need not worry about the lowest turnover. 
Stock market for beginners
If  the price of your stock goes up you win! If it drops, you lose. If you can catch just two index points on an average day, you can make a comfortable living as a day Trader. Make several trades each day and have each position closed by the end of the market day. This practice is known as stock market day trading. Stock Market move in a cycle, after every high there is a low and after every low there is growth and a subsequent high. Take advantage of the difference between the bid price for a stock and ask price. This difference is normally quite small, but its effects add up quickly. If you fail to use the day’s opportunities, the loss is yours.
Good luck and safe trading

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Asoka Samarakone wrote:Day traders need not worry about the lowest turnover. 
Stock market for beginners
If  the price of your stock goes up you win! If it drops, you lose. If you can catch just two index points on an average day, you can make a comfortable living as a day Trader. Make several trades each day and have each position closed by the end of the market day. This practice is known as stock market day trading. Stock Market move in a cycle, after every high there is a low and after every low there is growth and a subsequent high. Take advantage of the difference between the bid price for a stock and ask price. This difference is normally quite small, but its effects add up quickly. If you fail to use the day’s opportunities, the loss is yours.
Good luck and safe trading
Great one Mr. Asoka, + from me Very Happy

Good to see senior citizens put their valuable thoughts time to time.Many people wearing political colored glasses commenting political shit and waiting for their parties to come back and working day night to scare the shit out from new comers to CSE.

I think day trading is useful if you have enough experience in long term investing  Wink .... Just like in cricket,TEST cricket brings the best players and legends.

Well, thank you again and please put your valuable thoughts when ever you have time in these difficult time in CSE. lol!

when the bull run is there many will return to SLEF.

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