Day Trading simply means that doing buying and selling on same day. Those who doing day trading are normally known as active traders. Most of Banks and persons who involved in financial investment institute tend to do day trading because they have very good sense of market operations. Since due to the development of internet technology day trading’s are also possible for normal ordinary investors. The trend of day trading become much popular recently due to its profitability in very short time period. The Colombo Stock Exchange Day Trading is now wide popular in Sri Lankan stock exchange and most of investors tend to do day trades on bullish market which is much profitable rather than old fashion tradings.
Is Colombo Stock Exchange Day Trading Risky ?
Sometimes you can earn huge amount of money by using day Colombo Stock Exchange Day Trading, but its not much as simple as it looks. It need so much time to spend on market to get know the current trend and need to gain lot of good knowledge of the market as well as the external economical environment also . Investing on day trading is extremely risky but those who have good knowledge on Colombo share market can minimize the risk by doing proper calculations and able to earn lot of money.
Most of armature investors think that invest on day trading is very easy and by doing day trading can lead to become ultra rich in very short period. But the reality is total different as they seem to be. First recommendation is ” Don’t put entire investment on day trading” as Big Investor Warren buffet says ” Don’t put all eggs in to one basket”. It is wise to put small amount and do the trade while you gradually learn to process increase the amount you invest on day trade that you can afford of risk.
Day Trading Platforms
Every Broker companies in Sri Lanka introduce online trading platforms for their customers so by using those online trading platforms you can easily get details of Stock tickers, market analysis and other important details which associate to take market decisions on day trades. The fee of day trading in Sri Lanka is comparatively low by other countries and the day trade improve the activities of Colombo Stock exchange. Comparing with other investment strategies day trade considers as very risky strategy and the main thing you need to follow is keep eye on for stock always and use every tools which you can use for do the trading’s. This day trading methods are not recommending for armature investors due to its higher risk and it also need for good sense of current Sri Lankan and world economy for having a better picture of it. It is also better to understand and learn more about sharemarket rather than burn your hand on this Colombo Stock Exchange.
“The content of this article is taken by Sinhala guidetocse website and the total credit of this article must for for author madhawa Habarakada.”