Intraday trading means closing your trading position on the same day. You can buy stock in the morning and sell it before the end of the day. Or you can sell it in the morning and buy the stock again before the end of the day. In fact, daily trading is one platform where you can actually sell stocks without having to ship them to your Demat account.
Intraday traders are squared on the same day and therefore have no effect on Demat accounts. You can define order as a margin for an Intraday Square-off (MIS) order, and depending on the volatility of the stock, you can get the trading day limit up to 5-10 times the trading day. That sounds great, but why would 70% of daily traders eventually lose money? The reason is that they do not follow simple trading rules which can help them make money on daily transactions.
Intraday trading is completely different from long-term stock investment. Here are some trading rules for Intraday trading that can help you make money.
Liquid stocks are bulky and can be bought and sold in bulk without significantly affecting prices. Intraday trading strategies rely on speed and accurate timing, so the higher the volume, the easier it is to start and end a trade. Depth is also important, which shows the degree of liquidity of stocks at various price levels above or below current market bids and offers.
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