Day Trading (Do's and Don'ts)

1. Do not trade at the beginning of the market hour


2. Don't believe the tips given by the brokers. They are only for guidance


3. Don't buy or sell in 'market price'. Always use 'limit order'.


4. Miss the chance. Don't deplore for it. Always learn lesson from every loss


5. Choose the brokers as per your trading style.


6. Be careful while placing the order. Don't buy/sell instead of sell/buy. Be careful on decimal values. (Ex: 89.15 instead of 891.5)


7. Always wait for your target.


8. Don't panic on rumors


9. Keep an eye on european market after 12.30pm


10. Only use half of the money for trading which you have in demate a/c