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100% Successful Day Trading Method

Posted By On 3/25/2009 11:04:00 PM Under

1. It is very easy to make money from the stock market but it requires years to experience to make money day trading every day. The important steps are enumerated below:
(a) One can not fight the trend and thus determine the major trend of the day. Always remember that trend is the friend of a trader.
(b) One has to be on the toes to catch the minor trend of the day which is existing within the major trend.
(c) One has to make a trading plan and thus should be able to define an exact entry point for a trade.
(d) Last but not least is to be able to either book profit or loss and for that one has to define the exact exit point for a trade.

2. Do remember that every day is not day traders paradise and thus one must know when to trade and when not to trade to achieve the 100 percent success rate in the stock market.

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