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Tuesday, March 28, 2017

Intraday Trading Tips

How to Trade In Intraday
Everyone Trader in market wants to make money from stock market. They always want handsome profit in intraday, but there are very few who make money otherwise everyone are at losing end. There are few tips which I had learnt over the period of time before doing intraday trading, although it is my advice to stay away from intraday trading. As it may become a habit some day and you can’t control yourself with some profit, Means if anyone 1000 Rs/ day then it became tendency to get more and more and this will leads to downfall.  Intraday gives you both sides’ movements either day but it is not easy to time the market.
There are following that will surely help you out while doing Intraday trading:-

1.       Never ever Trade in early 15 minutes  of Market opening:-
Never trade in early 15 minutes as there is lot of pending orders of previous order and there is lot of fluctuations in the market.  So don’t place orders in hesitation, also get the market settles down and don’t trade until market shows a clear movement upwards or downwards.  More you give the time to settle more will be chances of getting trade successful with handsome profit.

2.       Always trade in quality stocks:-
Always trade in quality stocks. Never trade in Stocks category lower than B. As these stocks gives lot of fluctuations. So Never ever trade in these stocks. These stocks may even wipe out all your hard earned money in one go.
Now before trading in Quality stocks, check volume built up in that stock and when clear visible then only trade in a particular stock. Always track and trade in stocks where there is heavy volume build up. Never trade in stocks where volume is low as in low volume stocks, stock movement can’t be ascertained.

3.       Put and follow Strict Stop-loss:-
Put a strict stop loss and don’t lower down stop-losses as it is human tendency to lower down the stop losses by thinking that stock may recover. If you don’t put stop losses then losses may be very higher.

4.       Don’t Love your stocks and never carry forward your positions:-
While doing trading in stocks don’t fall in love with your stocks, as people more often don’t want to sell stocks in loss. They even try to carry forward huge quantity of stocks which results into pile up of positions. This will leads to high brokerage losses piling up also.

5.       Don’t trade for whole day:-
Never ever trade for whole day as this leads to ultimately into losses. Always do 2-3 trades in a day. Trading for whole day leading to mental tension also. Multiple trades also leads to ineffective controlling and doing ineffective research of stocks.

6.       Don’t Trade in heavy volume:-
Always keep your volume of trade to limited quantity, as heavy quantity leading to wipe out your all money invested in stocks. Always trade within in limits. You can’t richer in one trade and one day. More patience and more research required while trading.

7.       Don’t Trade in closing Hours:-
Don’t trade when 1 – 1:30 Hrs remains in closer of market, as time will be very short and stock trend may change during that hours and also market starts giving wide movements in that hours.

8.       Never Trade on News:-
Never Trade on News as news is always taken care in that stock price. Always trade in Stocks with good fundamentals and strong technical chart. News always leads to un-predictive movement of stocks.

9.       Don’t Trade on other views:-
Always try to research the stocks on yourself, never follow other advices and stock analysis before trading. You can set your own targets and stop-losses.

10.   Set Target for exiting the Stock:-
 You should know when to exit a stock and when to enter the stock. When your set target gets achieved then exit that stock. You can follow trailing stop-loss technique to gain more profit from that stock. In Intraday 1-2% gain is huge gain.  So don’t be so much greedy in intraday.

11.   Never trade for whole week:-
Everyday isn’t your day. So don’t trade every day.  Give some time to your get relaxed.

12.   Never Take a loan for Trading:-
People most often have tendency that to take loan for doing trading don’t follow that strategy, as loan may leads to more take out from your packet against interest.









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Intraday Trading Tips

How to Trade In Intraday
Everyone Trader in market wants to make money from stock market. They always want handsome profit in intraday, but there are very few who make money otherwise everyone are at losing end. There are few tips which I had learnt over the period of time before doing intraday trading, although it is my advice to stay away from intraday trading. As it may become a habit some day and you can’t control yourself with some profit, Means if anyone 1000 Rs/ day then it became tendency to get more and more and this will leads to downfall.  Intraday gives you both sides’ movements either day but it is not easy to time the market.
There are following that will surely help you out while doing Intraday trading:-

1.       Never ever Trade in early 15 minutes  of Market opening:-
Never trade in early 15 minutes as there is lot of pending orders of previous order and there is lot of fluctuations in the market.  So don’t place orders in hesitation, also get the market settles down and don’t trade until market shows a clear movement upwards or downwards.  More you give the time to settle more will be chances of getting trade successful with handsome profit.

2.       Always trade in quality stocks:-
Always trade in quality stocks. Never trade in Stocks category lower than B. As these stocks gives lot of fluctuations. So Never ever trade in these stocks. These stocks may even wipe out all your hard earned money in one go.
Now before trading in Quality stocks, check volume built up in that stock and when clear visible then only trade in a particular stock. Always track and trade in stocks where there is heavy volume build up. Never trade in stocks where volume is low as in low volume stocks, stock movement can’t be ascertained.

3.       Put and follow Strict Stop-loss:-
Put a strict stop loss and don’t lower down stop-losses as it is human tendency to lower down the stop losses by thinking that stock may recover. If you don’t put stop losses then losses may be very higher.

4.       Don’t Love your stocks and never carry forward your positions:-
While doing trading in stocks don’t fall in love with your stocks, as people more often don’t want to sell stocks in loss. They even try to carry forward huge quantity of stocks which results into pile up of positions. This will leads to high brokerage losses piling up also.

5.       Don’t trade for whole day:-
Never ever trade for whole day as this leads to ultimately into losses. Always do 2-3 trades in a day. Trading for whole day leading to mental tension also. Multiple trades also leads to ineffective controlling and doing ineffective research of stocks.

6.       Don’t Trade in heavy volume:-
Always keep your volume of trade to limited quantity, as heavy quantity leading to wipe out your all money invested in stocks. Always trade within in limits. You can’t richer in one trade and one day. More patience and more research required while trading.

7.       Don’t Trade in closing Hours:-
Don’t trade when 1 – 1:30 Hrs remains in closer of market, as time will be very short and stock trend may change during that hours and also market starts giving wide movements in that hours.

8.       Never Trade on News:-
Never Trade on News as news is always taken care in that stock price. Always trade in Stocks with good fundamentals and strong technical chart. News always leads to un-predictive movement of stocks.

9.       Don’t Trade on other views:-
Always try to research the stocks on yourself, never follow other advices and stock analysis before trading. You can set your own targets and stop-losses.

10.   Set Target for exiting the Stock:-
 You should know when to exit a stock and when to enter the stock. When your set target gets achieved then exit that stock. You can follow trailing stop-loss technique to gain more profit from that stock. In Intraday 1-2% gain is huge gain.  So don’t be so much greedy in intraday.

11.   Never trade for whole week:-
Everyday isn’t your day. So don’t trade every day.  Give some time to your get relaxed.

12.   Never Take a loan for Trading:-
People most often have tendency that to take loan for doing trading don’t follow that strategy, as loan may leads to more take out from your packet against interest.