What is Intraday Trading in Stock Market
Intraday Trading
Friends, you must have seen advertisements in many places, make money from intraday trading, you will also get the marketing sms of stock brokers that do intraday trading and make money, it is not as easy to listen to the stock market with intraday trading. To make money from it, it requires study, it is important to have a good knowledge of the share market. If it was so easy to earn money from the stock market then everyone would have become richest. We first know what is intraday and how to make money from it.
What is Intraday Trading?
The stock market is a place where the companies register in the stock market to buy and sell shares, it is time to open the stock market, at the same time we can buy and sell shares, the time of Indian stock market from Monday to Friday. Its timing 9:15 am to 3:30 pm,there are two types of buying and selling of shares in the stock market.
1. Intraday Trading
2. Normal Trading
Intraday Definition
Shares purchased in intraday trading have to be bought and sold on the same day, meaning that you bought a stock at intraday prices of an XYZ company in the morning and sold it before being market closed the same day, then it is called Intraday Trading. There is a lot of risk in intraday trading. Many people have lost money in the matter of making more profit in it. In Intra day Trading, profit can be earned if you understand it correctly. So let us know how to earn Profit from Intraday Trading, for this, some rules have to be followed.
Intraday Trading Strategies
1.)Choosing the Right Stock Broker
In the stock market, you cannot buy and sell direct shares, for that you have to open a demat account. This demat account is like your bank account. Money is saved in the bank account and same as shares in the demat account. You have to open this demat account with the Registered Stock Broker in SEBI, it is important to keep some things in mind while opening the account like.
2.)Brokerage Calculation
(a) How much brokerage or commission charge for every intraday day,some brokers take brokerage in percentage,the percentage of brokerage that will be over that amount and one who takes flat brokers like every The decided amount is fixed on a lot, choose the one which you find cheaper.
(b) Some brokers give credit limit for intraday trading, as if I put 10000 rupees in my demat account, my broker is giving 5 times credit on it, accordingly I can trade up to 50000 rupees with credit limit. I will trade with whoever gives more credit limit.
3.)Choosing the right stock
All company shares in the stock market are not suitable for intraday trading, some stocks are such that they can be used only for normal trading. You have to understand which stock is right for intraday trading. Make a watch list of your own and study it.
4.)Market Fluctuation
Always keep your eyes on the chosen share because the fluctuation of the changing market keeps changing the share price as well, do not take advantage of this changing market.
5.)Virtual trading practice
If you are new in stock market trading and you want to know how you have become market expert without maximum loss, then you should start with virtual trading in starting. Virtual trading is a platform that makes you available demo trading without losing money, the market has many free virtual trading options available.
6.)Avoid greed
In the stock market Intraday trading, greed can overwhelm you, so it is important to keep control over greed, take some decisions not with heart. Every stock has a limit of up-down and if you expect more money in the grip of greed then you will be lulled. So do not greed in stock market.
Conclusion
What is Intraday trading?How to earn money from intraday trading: This article talks about intraday trading, if you place order correctly in intraday trading then you will definitely get success and take the advice of your finance adviser.
Hope you understand this article What is Intraday Trading,if there is any question related to this article, then you can ask and comment.
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