How to do Intraday Trading for Beginners In India?

1. How to do Intraday Trading for Beginners in India In general, it is said that the secret to getting attractive returns on investment from the stock market is to invest for the long term. To a large extent, this statement is grounded but is not always true. For those who do not have a long-term investment horizon,Intraday trading emerges as an amazing option that allows them to get amazing returns even in hours or minutes. Yes. this is true. Today, with the rapid advancement in information and communication technology, it is very possible to engage in true intraday trading from the comfort of your home or office via your smartphone. What is Intraday Trading? Intraday trading actually refers to a very short-term trade that tells investors or traders to buy and sell stocks or other financial instruments on the same day. Intraday trading involves settling all open positions before the stock market closes. All positions are required to be paid within the day. Intraday trading does not promote any change in the ownership of securities. Previously, intraday trading was primarily a field of financial businesses and professional traders, but today, with the rapid growth of electronic and margin trading, even low-key investors can opt for intraday trading. To get to know us better, start with the basics of intraday trading. Difference between Regular Trading and Intraday Trading The most noticeable difference between intraday trading and regular trading is the transmission of the ownership of the shares. Intraday trading doesn’t involve any kind of transfer of share ownership as one needs to square off all the open positions within a day. However, regular trading comprises the delivery of shares. Two or three days after a regular trade is performed, the shares begin to reflect in one’s demat account. If one wishes to hold on to the shares, he or she can do that in case of regular trading as

2. he gets the delivery of the shares. But intraday trading mandatorily promotes the liquidation of shares before the closure of the market at that day. How to do intraday trading for beginners in India Now, once you have thorough knowledge about intraday trading and its benefits, now comes how to do it. Here is a step-by procedure that would help you understand how to move ahead with intraday trading. Whether you do intraday trading in Zerodha or upstox, the process remains very much similar. Step 1: The first thing to do is to get a trading account with one of the brokers ( Zerodha, Angel broking, Upstox, etc.). It is strongly recommended to choose from the top 10 stock brokers in India to get the best outcomes in terms of tips and support. Step 2: Next step is to maintain a sufficient margin balance in your trading account. Margin refers to the minimum amount of money you need to trade. The amount of margin required differ from a regular trade to a MIS (Margin Intraday Square off). The major difference between them is that, in case of regular trade, the position can be passed over to the next day but if it is a MIS trade, the position will automatically get liquidated before the end of the trading session. Step 3: The next step is to choose the share/asset you want to intraday trade for that specific day and include those shares to another watch list. This step is of great value because it is virtually not possible to check all the shares listed on NSE and BSE. Step 4: The next step is to pick the share in which you want to trade. And after choosing the share, you just need to punch in the trade on the ticket. Step 5: In this step, you need to check in the order book if the order has been initiated. The easiest way to do that is to just click on the orders tab and you will get the list of all the orders that have been placed or cancelled or executed. Step 6: Finally, it is recommended to keep a close watch on the trading opportunities and always maintain a stop loss for the existing trade. Following these steps means having an improved chance of getting awesome returns. If you are looking for how to do intraday trading in zerodha, You find the same steps that we discussed.