http://www.alphatrends.net/
http://www.thekirkreport.com/
http://www.slopeofhope.com/
http://www.tradingwithtk.com/
http://www.thinkorswim.com/
http://www.redoption.com/
Also, some good books to start with are;
Trading In the Zone, Mark Douglas
Mastering The Trade, John Carter
High Probability Trading, Link
Trade Your Way To Financial Freedom, Tharp
Learn the basics of "Technical Analysis" before you read these books. Understand Candlestick Charting, Moving Averages, Support & Resistance, RSI, Channels etc.
There are many great books out there…. Don't read any of them until you've gone through these. Don't ever underestimate the importance of money management, position sizing & trading psychology.
This will take at least a year to get through. Do it and you'll save yourself from many costly mistakes.
Many thanks in anticipation.
How much should I have in my account?
Leverage?
What broker?
How ever, even in delivery, you can buy daily and sell daily the stocks that you hold. It depends totally on the fund manager whether to hold the stocks or sell. He does it depending on technical analysis and other news. If such an analysis fluctuate every day, the fund manager may transact the stocks every day. BUT SUCH A POSSIBILITY IS VERY SELDOM.
stockcharts.com
stockta.com
earnings.com (great during earnings season)
I imagine there is something similar to this that day traders try to do. I know you will never consistently make one percent on every trade, but if you average that, then it still works out. Gaining one percent on a stock isn't that hard, is it?
And don't forget commissions and taxes you have to make more then 1% just to acheive 1%. As an example, you invest $1000 and make 1%. That comes out to $10. But even at scottrade, you pay $7 to buy and $7 to sell and $3 in taxes. So your 1% gain of $10 costs you $17. Even on $10,000, your gain is $100 but taxes and commisions take nearly half of it.
investing isn't like pitching quarters…. you actually need to learn things and it's a lifelong endeavor….
There is a difference between 'traders' and 'investors'. In the long run traders are statistically losers. That's why there are so few Warren Buffets in the world.
success in anything of value takes effort, knowledge and experience. There is not some little trick that is going to make you rich.
If you're interested, here are some things you can learn to be an investor. It's not as exciting, but it is more successful…. you can always use 10-15% of your portfolio to gamble with, but learn to be an investor with the bulk of it.
Start by getting a subscription to Barrons or Investors Business Daily… Do this for 6 months or a year. At first, It seems a bit mysterious, but pretty soon you start to understand the terms and things that investors are looking for and what they are afraid of
Go out to the internet and search on the following subjects. Become very familiar with the concepts.
Asset allocation
Long term investing
inflation
Roth ira vs ira
Large med small cap
Value vs growth
Indexed mutual funds
No load mutual funds
ETF
Sector funds
Bonds CD preferred stock
dividends
International funds
Market cycles
volatility
Fundamental analysis
Technical analysis
In most cases, I think it is wise to use indexed mutual funds and ETF's to build the base of your portfolio.
Good luck
Technical Analysis of the Financial Markets - John J. Murphy
Here's another one I read & enjoyed:
Technical Analysis Explained - Martin Pring
An overview, which I read in French:
Technical Analysis from A to Z - Stephen B. Achelis
There are a number of texts involved in preparing for the CMT exam, see below link on MTA. Just going through the effort of preparing for the CMT exam is a great learning experience.
There is also my own trading website link, last one in the list below.
A final note, there is alot of learning aside from the technical analysis. One friend of mine noted and many traders agreed: "you don't have to be smart to be a good trader, just disciplined." Keep it in mind and good luck!
there are plenty of other books but you need to first figure out what you're going to specialize in - I trade mostly forex, but you might try futures or some people are even still trading stocks nowadays
Speculating is NOT investing, it is a hobby that can make or lose you money. It is risk capital that you should be doing this with.
My advice would be to start reading technical analysis books and work with a broker at first. One that will take some time with you–help you understand. You will have to pay a commision greater than what you will online but you will have a teacher to help you. When you are comfortable go online with it.