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Buy at Bear Sell at Bull - Main Theme of Stock Trades
By Dr Altaf Hossain

What usual mistakes all day traders are making while trading in stocks? The following insights may help you how efficiently to day trade & make some good profit from Stock Trading. I did it so can you do if you just follow the tips. I will try to highlight here a few tips based on my own experiences with the markets where I usually perform online day trade.

Tips for Stock Investors how to take advantage of the market:

Today was a good day for most of the investors dealing in day trade with various shares of large companies. I was stuck due to market uncertainty. That is overcome today. I am going to tell you how. We have been watching the index .So we decided to sell all stocks of major companies while holding the shares of others as speculated that price would touch our target today.

No sooner the market had been opened the price touched AED5.07, but as did not watch the market carefully. As soon as I entered into the market I found that the price touched our target selling price with a good profit margin. We edited & reset the selling price by reducing the price from AED 5.10.But it was short lived.

We adjusted the price to DH.5.11 by speculating that the index would definitely jump .We could not sell due to a lot of sellers outperformed the buyers as demand and supply factors worked here very much. Then I reduced the selling price it to AED5.08. There was no luck. The market fell down to AED5.06.

Again it regained after an hour and this time I changed the price to AED5.13 in anticipation that it would touch our target price. After waiting 2 hours I changed the price it to DH.5.09. Now the price went up to AED5.10 but without any sale, because there were too many offers than bids.

I have been following the market trend very carefully as the index fluctuating up or down. It came down to AED5.08. But I kept waiting. At last, I found that all on a sudden all my offered stocks were sold out. A good profit margin was locked in.

After this, I found that the market just kept on falling and falling. I was just laughing by myself. I was happy. However, I could not sell the stocks of DFM or other companies due to my target were a bit high. It touched AED6.30 once, but without any sale. I adjusted the price to AED6.29 & the price shot up to AED 6.28, but not at my target. And after the fall, the market price reached to its opening price of AED6.21.

I learned from today's market: Do not be too greedy. Lock in your profit what ever you get now. Who knows tomorrow will be a good or worse day in stock trade? So as soon as you see some profit, go for it and hedge against tomorrow's odds. Sell quickly & keep the cash in hand for tomorrow and buy tomorrow when the market falls to make another gain. Take control of your emotion and keep enough funds in hand to buy stocks next when the market will be bearish.


Dr Altaf Hossain is an article writer who wrote the above from his own experiences with the Dubai Financial Market-DFM bourse -a rising Stock Trading platform in the world, by day trade. You may copy the article provided my signature and permission from EzineArticles.com is taken

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