How Can we make Intraday Trading Profitable?

Free Intraday Tips

Intraday Trading is also known as Day Trading means selling and Buying stocks and/or shares on the same day.  If you want to get profit daily then Intraday Trading is good. The main drawback of intraday is that you get less profit as compared to long-term Trading.  But “Something is better than Nothing”, so we suggest you do Intraday Trading.

Share Market Tips

Follow the Following Strategies For getting your Intraday Trade Profitable:-

üInvest regularly: You should Trade/ invest on a regular basis so that if the first day you lose then it will recover from the next day. The chances of losing in Intraday is very less but if by chance you lose, it will get from another day. Buy and sell Stocks every day.

ü  You should know your actual profit in hand because Brokerage and Taxes are also added into your returns.

ü  “All that glitters is not gold.” There are many Intraday investment Stocks available in the market, which are intense and are not easy to understand. Some Stocks also lure investors with unrealistically high returns. You should stay away from such Stocks as they may contain some secreted risks which are either unknown or are not absolutely implicit. But how to know intraday stocks? The answer is, You can get the help of Brokerage firms to pick a right intraday stock.

ü  Should not trade without the target and stop loss.

ü  Should not change your target and stop-loss. If the required decrease the two rather increasing from the initial levels.

üListen to news daily between 8:30 to 9:30 am because intraday stocks are set in that time.

ü  For Intraday Trading timing is very important, You should buy or sell your stocks at the right time. The dark secret of stock/share market is timing. If your timing is wrong then you will lose. 80%-90% of traders lose their money because of their wrong timing. So should be alert.

So the conclusion is that you should not Trade Blindly. You should be punctual enough for intraday trading. For punctuality, you should get the help of Best Stock Advisory companies like TradeIndia Research. So that you would get regular market updates and SMS alerts.

Read More: Share Market Tips In Hindi