TWO MINUTES TO UNDERSTAND DAY TRADING

What Is Day Trading?
         Day trading is the practice of buying and selling financial instruments
throughout the day. As the day progresses, prices will
rise and fall in value, creating both the opportunity for gain and the possibility
of loss.
         At 10:15am, a day trader might buy 1,000 shares of tcs
stocks just as the price begins to rise on good news, and then sell it at
10:25am, when it's up by 10 rs per share. In this example, the day trader makes 10000, minus commission. With today's cheap commissions of 10 paise or less per share , that's a quick 9900 in
10 minutes!
         When traded strategically, the trends and fluctuations in the markets allow
for quick profits to be made in brief periods of time.Keep in mind, however, that day trading is specifically designed to result in smaller earnings on a regular basis; it is NOT designed to result in
huge fortunes through a single trade. Day trading can be very profitable, but it isn’t a get-rich-quick scheme(though many seminars convincingly sell it as such). Nor is day trading a
sure road to immeasurable wealth and success (as some hyped-up websites
would have you believe).
         Quite simply, day trading is just like any other business venture: in order
to be successful at it, you need to have a PLAN. It would be very risky to
dive in head-first without looking. However, with the right tools – and
with the knowledge to use those tools efficiently and effectively – the
risks of day trading can be greatly reduced. With perseverance and commitment,
you CAN find trading success