What Stocks are Good for Intraday Trading in April 2017?

Actual Question:

Which stocks are good for intraday trading in April 2017?

Answer:

Dear Friend!

Intra day trading is a dangerous and certainly loss making activity. It is not investing nor trading but sheer gambling. Please do not indulge in it. You can certainly make a lot of money through proper investing. Please read the book “The Intelligent Investor” by Benjamin Graham and become a successful investor.

I have answered this question many times before and so I do not want to repeat myself. Please read the following related articles:

• Is it a Good Idea to Learn Intraday Trading or Margin Trading?
• What is the Differences Between Fundamental and Technical Analysis?
• Can I Invest with a Six Days a Week Job?
• How Warren Buffett Trades in Stocks?
• Can Mutual Fund Investments be Traded Like Shares?

In conclusion no stocks are good for intraday trading in April 2017, as day trading itself is dangerous not advisable.

Thank you,

With Best Regards,

Anand

Can I Invest with a Six Days a Week Job?

Value investor nurturing plant of investment

Actual Question:

Is it possible to invest in stock market through Zerodha if I have 6 days a week job?

Answer:

Dear Friend!

To me it appears that you want to know whether it is possible to make regular investments having six days a week job.

The answer is a definite yes.

Provided we have a clear understanding of the meaning of the word investing.

Day-trading/ intra-day trading/ margin trading is not investing. In case your query is related to trading in stocks, I say that it is extremely difficult to handle with six days a week job. I go one step further and caution you not to ever indulge in trading either in stocks, commodities or currencies. It is highly risky, dangerous and speculative activity.

Day trader transacting on electronic platform

In case you are referring to investing in the real sense, that is with an intention of buying securities to take delivery, holding them for a very, very long time, it is very much possible. I do it. Thousands of value investors do it allover the world. You can even place after market orders in the night or early morning, which will get automatically executed during, market hours.

Thank you,

With Best Regards

Anand

Related Topics:

• Is the Stock Market a Place to Make a Fast Buck?
• Is There A Mathematical Formula for Option Trading?
• Is it a Good Idea to Learn Intraday Trading or Margin Trading?
• Margin Trading Definition
• Can We Achieve Warren Buffett Like Success?
• What Are Investments Actually?

What Stock to buy on 30th December 2016?

Wish You a Happy and Prosperous New year

Dear Friend!

Sorry, I am not a day trader or margin trader. I am a value investor. Therefore I cannot give advice what stocks to buy for a single day. The stocks that I buy and advise others to buy are meant to be held for lifetimes. However market conditions often make such stocks expensive and therefore I advise people to buy a few at times when they are expensive and desist from buying when they become expensive. Such advices generally hold good for a month or at least for a quarter. Thus I had already advised my audience to but three stock in December 2016. Perhaps they will be useful to you. So kindly read my post on my blog at “4 Stocks to Invest in December 2016.”

I do not know whether you indulge in day trading/ margin trading, but let me caution you that trading in stocks, commodities and currencies is not investing but dangerous speculation.

Thank you.

Shocked margin trader staring at losses

I wish you, your family and friends a Happy and Prosperous New Year 2017.

With Best Regards

Anand

Suggested Further Reading:

• Investing - Definition
• What Are Investments Actually?
• Day Trading Definition
• Margin Trading Definition
• What is Short Selling?
• Why Day Traders Cannot Quit?
• What are Good Resources to Learn Trading in Foreign Currencies?
• Is Algorithms Based Trading Safe?