1. Understand the concept of trading during the day
It includes trading within the purchase and the sale of shares on the same day of trading. The goal is to take advantage of small price movements to earn a quick profit.
2. Open a commercial and demat account
To start trading within the day, you need to open a commercial and Demat account with the famous stock broker. Choose a platform that provides a quick implementation and analytical tools.
3. Choose liquid stocks
Liquidity is important in trading within the day. Trading in stocks of high trading sizes to ensure a rapid penetration and exit without significant valuable effects.
4. Learn technical analysis
Technical analysis helps predict the share price movements. Learn how to read plans, indicators and patterns to make informed trading decisions.
5. Use the stop loss and the target price
Determine the price stops and the goal helps in managing risk. Reducing the loss reduces your loss, while the target price guarantees you a timely profit.
6. Follow market trends
Intrade trading is about all speeds. Trade towards the market tendency to increase the possibility of profitable deals.
7. Start with a small investment
As a start, start with a small investment to reduce risk. Once you gain experience and confidence, you can increase the amount of your work.
8. Avoid excessive conversion
Excessive trade can cause damage. Adhere to a planned strategy and avoid motivated deals based on emotions or market spread.
9. Stay up update with market news
Economic programs, companies ’income and global market trends affect stock prices. Be aware of better trade decisions.
10. Training with default trading
Before investing real money, trained with a virtual trading platform. This helps to understand the market without financial risks.
