TIPS AND STRATEGIES FOR INTRADAY TRADING BULLISH INDIA

1. TIPSANDSTRATEGIES FORINTRADAYTRADING The word ‘Intraday’ means ‘occuring within the course of one day’. This type of trading which involves the movement of equity, shares, stocks, index futures, index options, and any significant commodity within the same day, building upon the advantages of price moves throughout the day is known as Intraday Trading. LESSISMORE: Focussing your strategies on fewer stocks is much more efficient and profitable than to focus on too many stocks at the same time. Thus, avoid developing your interests in a variety of stocks. HAVEPERSISTENCEIN GAININGPROFITS: Patience is the key to intraday trading. Do not be in a hurry to buy and sell commodities to raise profits and try to last through the price movements for the entire day’s session. TRYNOTTOBECOMEAN GRACEFULLYCUTTHE INVESTORINVOLUNTARILY: LOSSES: If the commodity has not given the anticipated result, do not let it turn into an investment involuntarily. The whole idea behind intraday trading is to bring profits to reality, with no open positions at the end of the session. If the outcome is not what you expected, settle in and exit the trade using the stop loss principle, keeping in mind the profits and loss that you are ready to bear. BEEMOTIONALLY STRATEGIZE: INTELLIGENT: Make sure that you plan out the execution of the trade in such a way that you get maximum profit and fewer losses. Focus on analyzing and buying a watermelon with a lesser number of seeds. Technical analysis and principles are secondary keys to this trading. Intraday Trading wants you to be emotionally stable as it is quite demanding on the nerves. Sometimes, one can benefit a lot by paying heed to the uneasiness of trade, while squaring off offers a major relief. Focus on this part www.bullishindia.com