Day Trading

I would like to start doing forex and I found some "forex trading/tips providers". They basically analyze market data and trends, and send you tips of what is "likely" to happen in the market as soon as they see an opportunity, of course, its up to you to execute your own orders. But how good are they? Their services are not cheap. I am not a math person and my knowledge of technical analysis is limited. I found out one called "www.4xfindme.com" But has anybody used any of such service providers? Can anybody recommend a good one? I know that at thend of the day we are taking an "educated guess" but do these forex trading tips service providers can really help? Any good ones out there that anybody can recommend? Which one is the most popular and best forex trading tips service provider out there?

Are you required to have $25000 to start day trading? Any tips on it???

I read that you have to have a margin account with $25,000 in order to buy and sell multiple times per day (more than 4 buy/sells per 5 day period). Does a margin account mean you have to have a loan from a bank, and do you have to have good credit? Or can you do it all with your own cash?

What other restrictions are there for trading an average of more than once per day?
I know there are lots of rules and regs. Just a short concise list of the basic reqs is all I'm looking for.

I am looking for an investment opportunity ….a friend suggested day trading however i know nothing about it …… any hints and info would help.. . .thanks

I want to make fast money in shares. I know that proper tactics will fetch fast money in trading shares. I also know that one has to be very careful. I have a online trading account in kotak. I invested about two lakhs fifty thousand rupees. I could gain one lakh twenty thousand within a period of about two months but during the third month I was to sell at loss as such my profit came down to eighty thousand rupees. I got few tips from prasoon dalal Ahmedabad which helped in earning about fifty thousand remaining i earned in purchasing and selling of IFCI , BHEL, UNITECH etc. Can any body guide me about the intraday trading of IFCI and other companies where the gap between the high and low price will be more. some times if I fail to sell on the same day then I have to take the delivery in such cases I cannot sell all the stock on next day only sevnty five percent can be sold and remaining after four days. till then the price may fall.Are there any shares which are good for intra day.

This may seem like an incomplete question (since I don't know much about the importance of volume). Please, don't simply "define" what volume is. Give it context and explain the significance of this to an investor (or in my case - student).

What does it mean that some stocks trade at a volume of a couple thousand, while others trade at a couple billion. Further, the same stock can be trading in the millions on one day, and in the billions the next. What does THAT mean?

No need to be "comprehensive", just elaborate on some KEY points and let your answers flow logically. I want enough info to give me an idea on where to start my research (sources would be appreciated), but there is no need to write a textbook here (although if your answer's good enough and explains it well, you'll get my vote = 10 points!).
To seafood10:

- What about when volume is low, but price is rising?

Are the London stock exchange markets just as easy to Level 2 Day Trade as the American Markets using News feeds, intra day charts with Brokerages such as Etrade Pro or Ameritrade.

Are the London Markets as fast on Level 2 and are there any extra obstacles such as minimum Day Trading account balances or maximum round trips per day?

I use Yahoo News and charts on the American markets as a secondary back up tool but on the London markets their service is sub standard. I also use Knobias for News feeds.

What tools are needed for Day trading success on the London markets.

Iearned today of a 0.5% Duty on all share purchases In London so that is one reason it is not as good, Any others?

Any info, advice or experiences are much appreciated.

I will be working by myself from home online. My account is worth about $30,000.00. I've had some pretty remarkable success as of late, averaging about $750 a day in net profit. I am still nervous though because im losing my benefits from work and i also wonder about not having that steady dependable salary.

Are there any day traders out there that have comments? Please share your experiences and tips
according to the insurance agent that responded you don't think that i can qualify as a 1099er self employed health care plan? i've seen a few out there on the web and their rates didn't seem that crazy

also $30,000 is the balance i maintain in my account i withdraw 2/3s of my earnings in the form a of a check after everyday i trade.

I am going to start trading of stocks within next 15 days. I have initially 40 thousands Rupees to invest. My target is to earn rs 500 to 1000 thousand in a single day by day trading. Is it possible with this amount . Is anybody doing the same. eventually My target is to earn at least Rs 1000 daily. Please guide me and help in achieving my target. I am going to take it as a full time job. I am serious about it.
THANKS

Dear Sir,

I am new to trading, presently I am using ICICIDIRECT .com for trading

Now, I am interested to subscribe to a new trading portal.

Please advise which trading portal is good and covers the foll. features?

1. Trigger order i.e. the intraday order (Buy/sell) should be executed when the market price = the set price.

2. Incremental/Decremental (buy/sell) stop loss i.e. the stop loss should follow the increase/decrease in
the price movement.

3. The Limit price should be automatically entered by the system, once the SLTP is entered.

4. P/L statement field for the live order.

5. P/L statement for the day.

6. Margin given by the trading portal for Intra day trading (Presently ICICIDIRECT give 21 times of available fund)

7. Lowest brokerage.

8. Intra day tips during market hours. (through yahoo messenger or through their own portal messaging service.

Brgds
Palwankar
Mumbai