What is intraday trading ?
Answers
Q) What is intraday trading ?
Intraday trading is the buying of stock for a short period of time the day itself. These stocks which are bought for intraday trading has to be sold in the same day itself if we do not sell the stock bought for doing intraday trading on the same day itself it will get squared off at the price during the closing of market.
Things You Need Know Before Doing Intraday Trading:
- A Trading And Demat Account
- Leverage - It is the quantity of stock some brokers offer 20 x times leverage what this means is that the broker allows us to buy 20 times the stock with the amount of money we have with us this can give us profit if we buy a stock for less price and then are able to sell it for a good price or else you can also be liable to the broker to pay money if the stock goes down from the price which you bought it.
- Target And Stop Loss - These are the terms that will help you to avoid loss during intraday trading. Suppose the price of your stock goes down once you bought it you can set a certain price the stock will get automatically get sold in this price when the price of the stock goes down what we are doing here is we are stopping the loss. Target is the price we set for the profit we are aiming to get from the stock so when the stock reaches that price the stock will get automatically get sold.
- We should learn very well how to use the charts tools and candlestick etc. Which helps us make a good decision. This is known as technical analysis.
- Discipline: Why is discipline important in stock market you may be asking because without discipline it is hard to be in the stock market when you see your money being lost infront of your eyes and you cannot do anything to avoid it we need to control our emotion and avoid getting sad. Also patience is very important to make a good decision.
Answer:
Intraday Trading
Intraday trading involve buying and
selling a stock within a trading session,
i.e. on the same day.
Explanation:
What is Stock Market?
The stock market is a collection of exchanges or other venues where buying and selling and issuance of shares which are of publicly held companies.
Where does the Indian Stock Trading take place?
BSE (Bombay Stock Exchange), NSE (National Stock Exchange) .
BSE Being the oldest stock exchange for trading stocks. Have been in existence since 1875, and NSE founded in the year 1992 started their trading in 1994.
Different Types of Trading Strategies:
- Scalping: Scalping is a type of trading where an individual scales up dozens or hundreds of trades each day to attain “scalp” which means small profits from each trade
- Momentum Trading: This is a type of trading in which traders move towards one direction through which they seek high volume, Riding the momentum to the desired profit.
- Technical Trading: The ones with the excel sheets, charts, diagrams and various analytical resources with them while trading.
- Fundamental Trading: Fundamentalists trade companies based on fundamental analysis, who observes corporate events, stock splits, reorganizations, or acquisitions, particularly actual or anticipated earnings reports.
- Swing Trading: These are the fundamental traders holding their positions for more than a day. There various stock market investments options available in the market among which intraday investment strategy is booming up among the youngsters and budding investors in market.
- Stop Loss: This is a type of strategy used by many where the people order a broker to trade as in buy or sell your stock at a point when the stock has reached to a certain price.
- Short Term Day Trading: Intraday means trading within a day. Intraday is shorthand for securities that trade on the markets at daytime during business hours and their price movements. Day traders keeps a close attention towards the intraday price movements, timing trades to benefit from the short-term price fluctuations.
As Intraday trading is what people are falling for in recent times. As intraday investment strategy excites people where buying & selling of stocks takes place in a day and having gotten results of profit or loss in a days’ time so that they do not wait longer like for other investments options.
But again, if you are a novice and have no knowledge or do not have proper techniques to trade in the market, then you might tend to lose your money and attain no profit which leads to various awful acts.
In this case it advised to get in touch and to consult with the top intraday tips provider to get the best results and to have smooth conduct of your intraday trading.
So, Stockbox is here as one of the Top 10 Intraday Tips Provider in India to provide you with stock market tips and to give you the knowledge on how to stay up to date with the market trends and all that you need to know before getting into intraday trading or any other type of trading strategy that you are in or want to start with.
Stockbox has one of the best Research Analysts, who are also Well versed with the concepts of Technical Analysis as well as Fundamental Analysis. With proper analysis and market research they will help you gain profit and grow in the market also how to sustain successfully in the market. They have industry expertise of over 15 years and 6 years, which makes them the best in the field and the industry of stock market.