I know they have a facility called Margin trading.However, I would like to know more details on this.
A scenario based response from an expereinced trader would be highly appreciated.
It would be helpful if somone can throw some light on the strategies of intra-day trading
Also what does the term "short" mean in stock trading?
Thanks

Especially since you apparently don't understand investing. If it were easy, why would people go to work? Learn how to invest the right way and prosper!


Besides account requirements, there's also taking into consideration commissions versus trade value. To buy and sell stock can cost anywhere from $10-$40 overall, so you should be expecting profit exceeding this before entering a trade, which means trade size is a key component. Average daily volume of a stock wil lgive you an idea of what you can expect to be able to buy or sell.
Utilizing different technical indicators such as stochastics, RSI, MACD, moving averages, and price change patterns could give insight into possible future price changes, but these are all speculative and should be used with caution. I would caution anyone who is a beginner trader/investor about day trading. For short term gains, it's better, and less risky, to find stocks about to increase over the next few days/weeks/months. You'll more than likely realize more gains at less of a risk. It's up to you to learn how to do this correctly, but it can be a much more reliable method of trading rather than day trading. Good luck!

If there was a "best time" to trade… wouldn't all the professionals be doing it. I do have some rules for myself;
I never buy/sell before 10:00PM EDT
If a stock reaches its high 5 minutes before 4:00PM, I'll buy.
I never trade during the hours of 11:30AM-1:30PM (lunch)
BUT…. these rules mean nothing without a ton of information I or anyone here can give you.
Here's some places to start;
http://www.alphatrends.net/ (best "sum up" of daily activity on the web).
http://www.tradingwithtk.com/ (good teacher, dangerous stocks).
http://streamer.thinkorswim.com:8000/shadowtrader.m3u
(great market comentary during the day, 9:15AM - 4:00PM EDT).
ya@eriestocktrader.com
This training involves, live practical trading lessons in the stock market, how individuals can make money weather share prices go up or down , methods to maximise profits and minimise losses. This training will give me the right attitude and confidence to get into the stock market and make lots of money in a hurry. so paying back my sponsor will not be a problem if need be. thanks

http://adityamoney-aditya.blogspot.com/

I would recommend you do a lot of research before you get involved with real money. Do "pretend" investing while you study the Motley Fool site carefully. It is full of great ideas.
Many people have asked me how to get short the Chinese market using maximum leverage and the only products I can think of are these:
FTSE/Xinhua China 25 Index Futures & Options
Hang Seng China H - Financials Index Futures
Hang Seng China Enterprises Index (H-Shares) Index Futures & Options
You can see from the average daily volume numbers (April 2007) that the liquidity is nothing to write home about, except maybe for the H-shares Index Futures (the H - Financials Index Futures just started trading on April 16 - early days).
If you have an account at Interactive Brokers, you should have access to these products. I’m not recommending you take a leveraged short position in any of these markets, just as I don’t recommend standing in front of a loaded freight train going 100 miles per hour.
Anyone have any brighter ideas than these?



It is true that 80% of all day traders eventually lose all their money. Then again, about 60% of the remaining 20% make enough to live off of or at least provide a second income. The remaining 40% steadily lose money.
The keys to success in day trading (% of importance):
1) money management - knowing how much to bet on each stock, when to take profits, and when to cut losses (40%)
2) emotional control - patience, not acting out of greed or fear, never averaging down, only buying high probability set-ups, etc. (35%)
3) a good system - knowing when to enter and when to exit (25%)
You'll notice that the system is the least important factor for success. Almost any system is profitable (although some much more than others), but the real important part is whether you can actually use it correctly or not. It might not match your personality, for example. Also, if you don't manage your money correctly, you can go bankrupt on even the best system in the world.
Unless you have amazing emotional control, have a natural inborn talent for trading (I've never met anyone like this, though), or have a brilliantly flexible mind that adapts quickly, you will most likely steadily lose money day trading for at least the first few months.
The worst part about getting started in day trading is that there's very little way to tell if you'd be successful before you actually start buying stocks and losing (or making) money. Paper trading is not even close to the same as real trading, because there's no emotion involved, or commissions or slippage.
On the other hand, once you have reached the right point, the rewards can be substantial. It took me 15 months of swing trading and staring at computer screens all day long and three months of day trading (losing 50% of my entire equity in the process) before I turned the corner. Now, I can quite conservatively double my money each year (but notice it took me a year to recover from the first year and a half). That's probably a typical story. If you read about Stock Market Wizards by Jack D. Schwager, you'll notice that almost every master trader went bankrupt at one point or another.
Most people quit before they reach this point, and I'd be the first to agree that day trading is not for everyone, or even for most people.
Also, remember this: any person with a truly successful and profitable day trading system would never sell or share it. You can make much more money using a winning system than selling it. Okay, maybe 10% of the systems out there are legitimate, but you'll never know which 10% until you've bought it and lost lots of money on it.
Be careful when looking for winning systems, and always look for a money-back guarantee.
The key to success is not the system the person uses so much as it is the person using the system.
One last word of advice: Unless you're willing to sacrifice thousands of hours in front of the computer and thousands of dollars, and able to stand the emotional and financial pain you will endure, then don't even start.

$3000 is too high a cost to pay to learn what's all free and available all over the net.
Go and download the "OPTIONS TOOLBOX" and play with it. Everything you need to know is there.
You can get this from http://www.cboe.com/LearnCenter/RCTools.aspx
Explore CBOE - Chicago Board Options Exchange, for wealth of free information on options. There you have links to other sites too - Options institute etc.
Buy the book - Options as a Strategic Investment by Lawrence G. McMillan, for lot less than $3000 ( think it's $50 at Amazon.com )
p.s.
Mr.DowJones assessment that Option trading is riskier cannot be more wrong. On $ for $ basis, with respect to Risk & Reward, stock trading is lot riskier than option trading. Options goal is to minimize risk and maximize reward. No such thing with stock trading



