Day Trading Nasdaq and Indices in Delhi

by Bear Street Forex Trading in Delhi

Stock market is constantly evolving domain and on a daily basis more and more people are joining the same for profit. Trading, by definition is a process of buying and selling assets or services in the financial market. For day trading indices in Delhi, a trader needs to buy and sell financial assets within a day i.e., before the market closes for the day. As the trade needs to be completed in a day, the chances of profit are more than loss as the complexities of keeping the asset overnight is lowered. Day traders need to have additional skills to analyse the ups and downs of the market to take quick decisions. Day trade Nasdaq in Delhi is one of the biggest stock exchange markets in US where multiple traders trade with different assets. When two traders are involved in trading process, it is called bilateral trade, however, when more than 2 traders are trading, the process is called multilateral trade.

There are various full proof strategies for day trading indices in Delhi and to carry out the trading process successfully there are certain indicators as well. Some of the indicators for successful day trade Nasdaq in Delhi are as follows:

Trending indicator – It throws light on the direction in which the market might move. They usually move between high and low
Momentum – It indicates the strength of the trend along with showing indications for possible reversal
Volume – As the name suggests, this indicator predicts the volume of trading for certain index as well as its momentum over time
Volatility – It shows fluctuation in price over a given time frame

Keeping on mind the above indicators, one can say that there is no definite answer to what is the best trading strategy or whether day trading is profitable over other trading techniques. Every trader must take that step or risk to analyse which techniques best suits them.

Nasdaq is a stock exchange market based in New York which is touted to be one of the biggest market places with a large number of stake holders. It is a global online market place for trading securities or indices and world’s first electronic exchange for securities. All the Nasdaq trades take place electronically. For a successful day trade Nasdaq in Delhi, one needs to be equipped with analysis and techniques for trading different kinds of financial assets. As the timings for Nasdaq trade is somewhere between 9:30 am and 4 PM, t is one of the best platforms for day traders. Also, Nasdaq offers the traders with pre market and post market trading hours.

How to trade Nasdaq

You can either trade or invest under Nasdaq. For day traders Delhi, it’s all about speculating up or down movement of the index with CFDs or spread bets. These CFD’s or spread bets are leveraged products which can substantially increase or decrease profits and potential losses respectively. For day trading Nasdaq, cash indices are preferred as it does not include overnight funding. Technical indicators mentioned above proves very useful for trading Nasdaq along with other patterns including support, resistance, trendlines, Fibonacci retracement etc. Apart from technical analysis, fundamental analysis is also important for Nasdaq trading as there are various variables that affects the price of an asset.

Tips and tricks for effective day trading indices in Delhi

For beginners, the most important thing to keep in mind is the fact that trading is risky and involves various risk elements. To deal with such ups and downs of marketplace, patience is utmost important. Trading is not a short cut of getting rich overnight, but it requires appropriate skillset, patience and consistency. Some of the small tips to begin trading indices are as follows:

One of the first and most important rule in trading is keeping patience and shortness of it may lead to wrong decisions and hence considerable losses
Set a stop loss and take profit target at the time of beginning a trade
Have thorough knowledge on technical as well as fundamental analysis
You have to get a complete knowledge of the marketplace including the facts like trading hours, trading trends, trading psychology among others
Follow proper risk management strategies i.e., consider trades with Risk Reward Ratio above 1
Be a consistent and disciplined trader by waiting for the best opportunities