Technical Trades Profile picture
Sep 12, 2022 8 tweets 6 min read Read on X
Intraday trading tips and tricks

As the name suggests, Intraday Trading is the process of buying and selling stocks on the same day. Basically, you buy stocks on daily basis, you look for a reasonable price to sell it and then earn your profit. Image
Daily analysis and research is necessary for Intraday Trading. The movement of the market’s momentum must be reflected in the strategy used by a trader. Image
It is advisable to look for liquid shares for Intraday Trading. As the trader needs to square-off their position at the end of the day, it is better to go for large cap shares. Image
Do not try to move against the flow of the market. Even the people who have been trading for over a decade fail to explain and predict the situation of the market. Image
Do's in Trading

You have to have a clear idea before doing anything
Manage to control your greed and fear once you get into this business.
Daily analysis and research is necessary for Intraday Trading.
Update what you are working upon with the trends in the market & implement. Image
Don'ts

Do not always pay heed to the rumors around you until and unless you are certain about it.
Do not plan for the future with any stock. Whatever you buy is what you would sell today
Do not always expect gains in trade.
If one gains, the other has to lose. Image
Tips and Tricks for Intraday Trading

Utilizing the Stop Loss
Set your Targets
Research
Learn when to Exit Image

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History: Some of the earliest technical trading analysis was used to track prices of rice in the 18th century. Much of the credit for candlestick charting goes to Munehisa Homma (1724–1803), a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka
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