TIPS FOR PICKING THE RIGHT STOCKS:

Volume traded

It is the total number of shares being traded within a particular timeframe. It mainly tells about the volumes being bought and sold. The traders of the stock market pick stocks that trade in high volumes.

Trending stock

There always happens to be a buzz around a particular stock. Such stocks could offer lucrative opportunities to any type of day trader. They are mainly there to show momentum in one or the other direction, along with good trading volumes.

Recent analysis

It is better to look at how stocks on the shortlist have performed over the last week or two. Has the closing price been consistently positive or negative over any period? Assess the likely movement for the day before placing any buying or selling order on the stock.

Breakout stocks

Keep an eye on the resistance and support levels of the chosen stocks. The resistance level is the price beyond which a stock is not expected to rise while the support level is the price beyond which a stock is unlikely to fall. Does a stock show any signs of breaking out of these levels? Capitalize on the breakout to book any kind of quick profits.

Gainers and losers

Most brokers will highlight the top losers and gainers of the day. Track the movements of these stocks closely because they are mainly responsible for deciding on the positions in the market.

Monitor select stocks

Thousands of stocks are traded on the stock exchange every day. Day traders cannot possibly keep tabs on all of them. That is why most traders focus their attention on a few shortlisted stocks. By researching these stocks thoroughly, the trader can grab profitable opportunities as they arise with time.

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One can use a master account to open and close orders for multiple clients' accounts at the same time. Place orders for as many clients as they want in the currency trading platforms. They can also set different management fees for each client. These management fees are added to a separate account in real time and clients can determine their top loss. No restrictions are imposed on the number of clients or deposit amounts. All normal order types are accepted.