Question->Dear Sir, I am a Short term trader, but I am not able to make good pr

Dear Sir,
I am a Short term trader, but I am not able to make good profit in this. Though I pay attention while buying but sometimes my one bad pick wipes out my profit. Please suggest Indicators for very short-term trading ?

Answer to this Question By Community
Posted by Admin Posted on: 21-Jan-2014	Hi, Anybody can get profit in any field only when the person has good knowledge about it, experience will come slowly and gradually which gives the confidence to continue. A lot people are making money as well as booking losses in trading. If i am saying someone is only booking profit then i am wrong. Even a successful trader book may be 7-8 out of 10 pick and book losses in 2-3, hence the overall is profit. For medium term trader I will suggest Oversold and overbought is a good indicator and do confirm your indicators with others, and most imp one should always follow a good discipline in this area. Hope this will help.

( Intraday Analysis is on Real Time Data (Updated every 5 Mins). All Other analysis is based on End of Trade day's Value. Expected time of update is between 5 to 5.30 PM exchange time Zone)