optiontips.in day trader is a trader who buys and sells financial instruments (e.g. stocks, options, futures, derivatives, currencies) within the same trading day such that all positions will usually be closed before the market close of the trading day. This trading style is called day trading. Depending on one's trading strategy, it may range from several to hundreds of orders a day. Day traders' objective is to make profits by taking advantage of small price movements in highly liquid stocks or indexes as well.
optiontips.in trader have appropriate knowledge, equipment, tools and markets together with the ability to trade the right electronic trading platform. A day trader with the right information will be able to succeed, otherwise, success will go to the other person in the transaction or to the broker, if he happens to be the best informed person in the transaction. Besides all these technical requirements some personal traits are also necessary. They include the right psychological and emotional traits. Two emotions that the day trader faces and should manage are fear and greed. A balance between these two emotions is necessary to achieve successful trades. Also, a successful day trader needs to know which stocks to trade, when to enter the trade, and when to get out of the trade. Part of this knowledge is to find those stocks with liquidity and volatility, in order to generate profits. Day trading, as part of the market timing, however, is an activity that optiontips.in do not support. optiontips.in provide day trading and believe in the efficient market theory. However, market timing is not illegal and it is not considered unethical. Although the activity can be profitable, it requires effort to be put in and is a difficult skill to master. Many people expect to make large profits with little effort, and the fact is that around 80% of day traders lose money.
