Do's And Don'ts For Intraday Traders in India


Most individuals get tempted to intraday trading in the hope of quick profits as they can enter a position in the morning and exit anytime during the same session to take home the profits. But intraday trading is not such a simple game. There is no word called 'surety' in the day trading world. Day trading is much more about managing risks and strategies with a focus on current market trends. Despite being focused and disciplined, many day traders commit big mistakes. Day traders need to take more cautious steps. Traders should know how the market moves and can change its directions within seconds, making day trading challenging for most traders. Many traders rush to choose the stocks for day trading, which is one of the big mistakes. You need to know about intraday trading rules before start investing.

Sources to make informed trading decisions are much more easily accessible in this digital era. When you open a Demat account and trading account with a stockbroker, it regularly provides research reports that you can utilize to make informed trading decisions. Also, they can find the company data online to analyze its past performance and take trading decisions accordingly. Analyzing is the first step that experienced traders take. They need to constantly study stock prices and volume charts and consider several technical indicators to make effective trading decisions. You can explore the posts that day traders should avoid and what practices they should adopt.


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