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Sri Lanka Equity Forum » Stock Market Talk » Make a comfortable living as a day Trader

Make a comfortable living as a day Trader

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1Make a comfortable living as a day Trader Empty Make a comfortable living as a day Trader on Tue Feb 19, 2019 5:31 pm

Asoka Samarakone


Expert
Expert
Stock market for beginners
 
 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. 






Invest in more than one or two stocks so that lose in one stock can recover from the profit in another one. Don’t buy all the stock at one time, buy a small amount at first and see what happens. Practice with using small amounts. That way you will be able to see how to play the stock market without losing If it goes down a little, buy some more.
Stock Market move in a cycle, after every high there is a low and after every low there is growth and a subsequent high. Bear markets are inevitable, but so are their recoveries. The market trends are predictable in the short term. Up, up and up. Then down, down, and down. Bull and bear stock markets are two sides of the same coin. Long-time investors know that bear markets are setting up the next bull market. While waiting for the market rebound, look for bargains if you can afford the risk. Stock Market move in a cycle, after every high there is a low and after every low there is growth and a subsequent high if you can afford the risk.
  
Stock market is a bank, which credits your account each morning with some cash. Every morning, it credits you with plenty of opportunities. Every evening it writes off, as lost, whatever of this you have failed to invest. If you fail to use the day’s opportunities, the loss is yours.
 


Good luck and safe trading!

2Make a comfortable living as a day Trader Empty Re: Make a comfortable living as a day Trader on Tue Feb 19, 2019 7:23 pm

Miss-Sangeetha

Miss-Sangeetha
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Thank you for your valuable guidance.

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