Hi everyone,
Anyone do intraday trading? Is it possible to make money from stock market using intraday trading?

Regards,
William

very dangerous bro
very hard to do that in our dead water share market

Thanks.

Bill
If you have a very good forecasting formula I think it is possible.
But if your formula is very good why you only want to do intraday
why not extend it to 3 days and make more profit..
To really know the result you have to tried it out.
BRgds

This post has been edited by rosdi1: Sep 16 2010, 06:49 PM

Why extend it to 3 days? If we can trade several times in a day, then it would be very good right?

Easy, bro.
The market is usually optimistic in the morning between 9am and 10.30am. Many stocks achieve highest price in this period.

If you have observed a stock over a long period of time(day), you will more or less get to know its behaviour.

You r totally right... what I want to say is be as flexible as possible
You might want to do it several times a day or stay on overnight if need be and so on.
I am sure the brokering house and Bursa will like you very much.

Hehehe

Best Regards

true true, our KLSE is dead stale right now. those artificial trading on call warrants and mesdaq help to push up the volume, even though it is still on the ugly side to say the least. yeah, stock exchange would love us the day trader .

... without us, the volume could be under 300 million? ha ha ... joking

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Added on September 17, 2010, 12:53 amlately made few ringgit through a little 'theory'. this applied correctly to ioi, sime, uemland. next shd be gamuda .. and monday morning shall be clearer, after 8.45 am...hope i am right again ....

This post has been edited by mikehwy: Sep 17 2010, 12:53 AM

Hi bro,
May I know what is the theory you found? Can share some light?

haha, actually not much of a theory, only look at our EPF new share acquisition from every monday newspapers. those will 'surely' go up withi 1 to 2 days. it works for the last 1 to 2 motnhs. it works .....

Q : Can you make money day trading in Bursa Malaysia stocks?
A : Yes, when market conditions are right, usually in a bullish environment where volumes are high and stock prices are volatile during the trading day. There's a time to trade and many a time not to.

Q : Can you make money consistently day trading..........?
A : No, unless you are a genius or in possession of inside information. I don't know anyone who makes a decent living day trading Bursa Malaysia stocks solely. Some disciplined traders do selectively trade several different markets and do ok overall but these people are few and far between.

hi, mind if i ask which newspaper do u refer to? got any website to recommend to gt the first announcement b4 the newspaper?

Of course the most influential one, namely StarBiz. It affects market everyday.

i do not do intraday
but i do bi-day trading
almost everyday
today buy tomorrow sell

like this can earn ooo????

wow, can share with us how to trade and earn bi-day trade? It is good to earn a bit everyday because I want to try to trade as fast as possible.

you just buy and sell within few days that's all
what you just told us
that is a dangerous mind to set to have
wanna do things to fast to make fast money
you could also lose a lot of money fast if you simply trade

This post has been edited by amalthea: Sep 18 2010, 08:53 AM

if you like intraday, better trade in futures,fkli and fcpo...

In the Malaysia Market

Stock (shares, warrant and ETF ), Futures and Options are all the same.

stock you you have many choices. (more than 1000 in KLSE)
you can easily get a 6:4 margin for trading of stocks (warrants and risky shares not included)

Futures you have few choices ( Short or long on FKLI and CPO for 6 different months or so)
In futures you are given a 50: 1 gearing margin.

Options not available in Malaysia

Warrants , ETF, Futures and options are call derivatives

I think if you r new.. you should only touch shares and trade on a medium to long term.

Let the sharks play with the derivatives.

treat daytrade as your "fun short-term sideline income"
other than day-trade, "serious long-term mainstream income"