how to select hot stocks in the market & is it good to practise daily share trading?
87354
You should only do day trading if you have the time and the tool to track it.
1030867
I'd just like to take this opportunity to point out that technical analysis is a really bad way to pick stocks, especially for people who have very little experience.  Anyone can come up with a technical trading method and hype it up as infalible, and they'll be able to show plenty of examples where you could have doubled your money in a few short weeks.\n\nThe fact that you're coming to an internet answers site for advice on TA trading tells me that you should really consider buying mutual funds instead.
760706
I would suggest practicing your investing skills at http://www.top10traders.com  This is a totally FREE site. You can create your own portfolio of stocks with $100,000 in 'play' money, and then watch how your stocks compare against other traders. \n\n The site lists out which investors are doing the best and what stocks they have bought. Just click on the portfolio of the best investors and you can see the stocks they like.  \n\nGood luck !
104390
S&P 500 index, Australia index, and a small cap value iShare.\n\nHmm, I would have to ask why you wanted to be exposed to australia stocks in particular. Maybe you have a good reason. The other two are a good way to come out right about market returns.\n\nIf you want above market returns you will have to do something out of the ordinary. Read this book and see if its for you:\nhttp://search.barnesandnoble.com/bookSearch/isbnInquiry.asp?r=1&isbn=0471733067
1134219
I use Stockwiz for end-of-day trading. It's completely programmable, which is what I wanted, but the programming language is .... primitive.\nBut it's free.\n\nhttp://www.stockwiz.com/\n\nCaveat:\n- I am still using version 3, although there is a version 4 available\n- You still need a service to get your daily stockquotes, which is most likely *not* free
995102
I trade stocks and options for my main source of income.  Flutuations are caused by too many variables to list.   Keep in mind that stock price is based upon whatever the market will provide at that exact moment in time.    There has to be someone willing to buy and someone willing to sell all the time and this number changes constantly.  Based upon there being differences in the trading volume this can fluctuate the price and so can world events like crude oil prices or the value of the dollar.   Bottom line is you need to buy for the medium to long term into a few stocks about 10 in different sectors to spread out your risk and you can change your weighting according to which sectors you think are going to do well currently or in the future.  I'd prefer investing in stable companies which you can look at their S and P star rating if you don't have time to do this research yourself.  4-5 star stocks with a  good outlook for future growth are a really good way to start.
231196
i guess a better tact would be to invest in commodities rather than to trade commodities. but in general, commodities are experiencing a bull market. you can try to invest in commodity related stocks, energy stocks, mining stocks, etc. i would not recommend day trading, its just a waste of time, whether it be stocks, currencies, or even commodities.
764708
Technically, it is extremely simple with today's information era to invest or trade stocks and shares. You simply need to open a trading account, fund that account, buy a stock and sell it later at a higher price for a profit. Simple?\n\nYou can sign up for an online trading account with http://www.sharekhan.com\n\nWell, that simplicity is exactly the sheep skin that hides the wolf beneath. That is exactly the expressway to wasting a lot of money.\n\nInvesting or trading the stock markets never start from opening a trading account... it starts from adequate investment and trading knowledge. There are quite a number of things you need to learn before you can even start thinking of the stock markets ...\n\n1. You need to understand how the stock market works and what it is exactly about.\n\n2. You need to know what are the different styles of trading in stocks and shares. \n\n3. You need to read about why so many people lose their shirts in the stock markets so that you can avoid their mistakes and also decide if this is a risk you want to take.\n\nFor all these issues and more, you can read about them from some of the articles that I wrote at http://www.mastersoequity.com/articles.htm\n\nAfter you are adequately armed with the basic concepts and ideas, you need to know how to find profitable stocks to trade or invest in. You can do that the easy way by subscribing to stock pick services (example http://www.stockpickmaster.com ) or you can learn to use charting tools and softwares to find stocks with parameters that you can pre-define. (example http://www.metastock.com ) \n\nAll in all, investment and trading is a lifelong education and non stop learning. No one is ever done learning and catching up with changes in the markets. \n\nIf you want a reliable, sure fire method to trade the indian market, please go to http://stocklab-india.mastersoequity.com . There, you will also get to read about why most beginners in the share market lose all their money and how to prevent that from happening to you. \n\n\nHope these information helps.
755989
Your question reveals the fact that you are a complete newbie with very weak basic, fundamental knowledge in the stock markets and is about to do something you might regret for a very long time.\n\nListening to free, off the street advice is an expressway to disaster. Read more good books and articles on investments to expand your vision and horizon before you decide to go deeper into the subject. For some of the best investment books that I have ever read, please visit http://www.bestoptiontradingbooks.com\n\nInvesting or trading the stock markets never start from asking how to buy a certain stock ... it starts from adequate investment and trading knowledge. There are quite a number of things you need to learn before you can even start thinking of the stock markets ...\n\n1. You need to understand how the stock market works and what it is exactly about.\n\n2. You need to know what are the different styles of trading in stocks and shares. \n\n3. You need to read about why so many people lose their shirts in the stock markets so that you can avoid their mistakes and also decide if this is a risk you want to take.\n\nFor all these issues and more, you can read about them from some of the articles that I wrote at http://www.mastersoequity.com/articles.htm\n\nAfter you are adequately armed with the basic concepts and ideas, you need to know how to find profitable stocks to trade or invest in. You can do that the easy way by subscribing to stock pick services (example http://www.stockpickmaster.com ) or you can learn to use charting tools and softwares to find stocks with parameters that you can pre-define. (example http://www.worden.com ) \n\nAll in all, investment and trading is a lifelong education and non stop learning. No one is ever done learning and catching up with changes in the markets. \n\nIf you care to read about how I went from completely broke to retired millionaire trading stocks and options by 28 years old, you can go to http://www.mastersoequity.com/\n\nRemember, the slogan "Just Do It", Just won't do for the stock markets. If profiting in the stock markets is as simple as buying a single stock , then why are so many people still poor?\n\nAfter you have all the above mentioned knowledge, you need to ask the following golden questions before you can decide whether a stock is worth buying or not :\n\n1. Why are you of the opinion that this stock will rise?\n\n2. Is your opinion valid in the first place?\n\n3. When are you expecting it to rise? Can you hold on for that period of time or longer?\n\n4. What is your expected entry price? After what price would your expected profit margin be too thin to enter upon?\n\n5. Where is your expected stop loss point? What is your stop loss point based on? Where will you tell yourself that it is time to take a loss and get out?\n\n6. Where is your expected profit taking point? What is your profit taking point based on? \n\n7. Does the way you are buying the stock allow you to hold on until your expected profit taking point?\n\n8. How much of your money should you dedicate to this one trade?\n\n9. What is the level of primary, secondary and idiosyncratic risk you are undertaking when deciding how much of your fund to use?\n\n10. What is your cashflow need? Does your cashflow needs allow you to hold the full lifetime of the stock?\n\nAfter you are able to answer all these questions confidently, THEN you are ready to... PAPER TRADE your stock strategy. Yes, even at this point, you are NOT READY to trade for real. You should trade on PAPER for at least 6 months and become consistently successful BEFORE you take your stock strategy into real life.\n\nThen.. you are ready to start... but there is still no guarantee of success as paper trading is very different from real trading. You will need another maybe 1 year or 2 trading very little money and be consistently successful BEFORE you are ready to increase your stakes.\n\n\nSo, as you can see, success in the stock market
791161
Basic advice: if you're new to stocktrading start with longer term horizons first, to get a feeling for what you are getting into.\n \nThen:\n1. Read everything about daytrading you can get your hands on\n2. Invest in some software\n3. Develop a system \n4. Paper trade the system for a few months\n5. If you didn't make profit at point 4. go back to point 3.\n6. Open an account with at least $20000\n7. Start trading your system\n\n70% of all new daytraders give up within a year, mostly because they skipped points 1,3,4 and 5.
656560
Buy high quality stocks in companies that you know something about.Start by looking for names in your kitchen cupboard, your garage, your cleaning supplies closet, or on your telephone bill or utility bill.  Go to the reference Dept at your library and read Value Line, Standard & Poors Outlook, and Morningstar. Also look on the Internet;(Quicken.com Zack's Brokerage Reports.com MSN Money.com. Morningstar.com, Best investing Sites.com Market watch.com Businessweek.com, Forbes.com Buy only the ones that won't cause you to lose sleep at night.  If your stocks go down in value, don't worry.  The good ones will come back.But use money that you won't need for 4-5-6 years. You can start buying at any time, although the market seems to be a bit high right now.  Be patient and buy stocks gradually. Look into "DRIPS"(Dividend Reinvestment Programs). It's better than compound interest at the bank
97677
You can day trade ETFs (exchange traded funds).\n\nMany (maybe most, I'm not sure) mutual funds impose a fee if you sell funds you have held for less than 30 or 60 days. This is as a result of the market-timing 'scandals' of a few years ago.
504481
Most common websites, Yahoo Finance or most brokerage firms for instance, will give you company info.  Usually the charting feature will step you into the information you need visually, such as candle charts which show a daily trading high, low, open, and close.  Those are the easy places to start.  BTW, the New York Stock Exchange is usually abbreviated NYSE.  I don't know the BSE unless it is the old Boston Stock Exchange, a regional trading place that I didn't know was still in operation.
962534
I think it is better to ask - who are the best traders right now?  Then see what they are investing in.  These stocks may be the best ones in the future.  You don't want the stocks that have done well in the past, you want to know what ones will do well in the future (if you want to make money!)  This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money.  Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.  You can also read posts on investing from the best traders, as well as share your own investing ideas.\n\nHere are this month's best traders:\n\nhttp://www.top10traders.com/Top10Standings.aspx\n\nGood luck!
192135
There are several ways to make money by buying shares. Any shares bought are obviously owned by you. You can keep the shares if they are good and profitable company, and wait for dividents usually paid quarterly, haLf yearly or sometimes annually, meaning once a year. But usually, if you want to make better money, buy the shares at a lower price, during a poor market, wait for the price of that share to go up. Draw a margin how much you want to make and sell at that price when it reaches that amount of your choice. Sometimes, your broker may advise you to hold on because he may know the price is going up further and you may be able to make more.When market is good, it is more advisable to sell on profit rather than wait for the dividends which are usually very much lower than the market gains. Having advised all that, please do not be too greddy or obssessed by the share market, otherwise you may burn your fingers and lose all that you have earned or more.
1164943
LEt me know.\nWhat is your monthly trading volume...\n\nHow about 1cent per 1 share..\nand pay as you go..\n\nLike for 100 sares you pay $1\nand so on..\n\n\nGirish\nkgirishraman@yahoo.com\n\n\nLearn Free Day Trading Online,Intraday Trading Course, Learn Day Trading Free.\nhttp://lansing.craigslist.org/fns/172121865.html
160926
Any responsible trader or investor will tell you that there is no such thing as a "top" stock pick. Every equity has risk involved. You need to think for yourself. Taking tips on Yahoo is a good way to end up in the poor house.