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 Anyone do Intraday Trade Successfully?, Intraday trading.

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David Lee
post Nov 10 2011, 11:28 AM

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Joined: Nov 2011
From: Kuala Lumpur


QUOTE(Danielle Lav @ Sep 26 2010, 11:36 PM)
i m a newbie but i assume u have not much restrictions.

yes u can gain profit from trading in intraday.

assuming u have the big bucks to invest in the high volume stocks by buying and selling huge lots. assuming u know the cheapest rates for online trading.
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that case can be applied for stock market.
but in futures market, you can intraday trade.

example: FKLI, rm50 per futures contract.

you long 1 FKLI contract at 1490 and it eventually up to 1493pt in the same day.
hence you profit = (1493-1490)xRM50= rm150 for 1 contract *

*if you LONG when the market is up and rm150 is before deducting brokerage fee




QUOTE(teehk_tee @ Oct 21 2010, 02:06 AM)
daytrading can be quite fun once in a while. ive only done it a couple times in the past 2 years.
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daytrading for you will be more HEARTPUMPING if you trade FCPO (crude palm oil futures)

This post has been edited by David Lee: Nov 10 2011, 11:30 AM
David Lee
post Nov 10 2011, 02:12 PM

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Joined: Nov 2011
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you guys are quite true.

it will be even better if you could use technical analysis to support your fundamental news or vice versa whenever you make decision.

i've been trading (paper trade), and so far i find fundamental and technical analysis helpful.

 

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