Tips to Start Intraday Trading in the Stock Market

1. Tips to Start Intraday Trading in the Stock Market Although most people are still perplexed and use these terms synonymously, investors and traders are defined differently. People who engage in intraday trading are referred to as traders or day traders, whereas investors are those who spend their money in the stock market over an extended period of time in order to profit later by selling the shares. Contrary to intraday trading, which has a higher level of risk due to the need to understand the technical aspects of the company, investing in shares merely requires looking at the fundamentals of the company. Before beginning intraday trading, keep the following rules in mind: Brokerage selection: When selecting a brokerage for intraday trading, take a look at the markets that are offered, the trading software features, the market data feeds, and the commissions and fees. Selecting a Market: Each market has unique qualities that are appropriate for various trading strategies. Consider the starting and maintenance margin requirements, tick sizes and values, and volatility when selecting the intraday trading market that is most appropriate for you (range of movement).

2. Several trading tips for intraday: 1.If the index is up from yesterday and the stock you are holding is down, you should sell it. If the intraday index trend is up, you should buy a stock that is up. 2.A stock's intraday trading performance today does not guarantee that it will be the same tomorrow. Likewise, a stock's performance today does not guarantee that it will continue to be the same tomorrow. 3.Keep up with current events because, in general, people are more likely to make purchases when there is good news. 4.One should be extremely cautious when buying if US markets have increased overnight since they are likely to do so here in India. 5.Always invest in shares of high volume; these shares are often referred to as liquid equities. 6.Start trading on paper, and after you start seeing success, move on to the real market. 7.Maintain a steady volume, meaning that if you are trading 10 lots of Nifty Futures, you should only trade ten lots. Finally, but certainly not least, Stop Loss is essential in intraday trading. These were some advice for day traders or newcomers to the intraday market. Reference: Intraday trading strategies Top 10 intraday trading Tips provider in India