IntraDay Trading

It is also called "Day Trading" where a trader trades with stock or other financial securities within a day. In this trading method, stocks are traded (Bought & Sold) in a market time which is 9-15 AM to 3-15 PM from Monday to Friday in India. Every trader trading in intraday has to open & close his stock position on a same day itself.
Intraday traders take one of the highest level of risk with their own capital. When share market moves up and down within a day, they try to utilize their capital with this  movement.

Why should one participate in Intraday trading:
1. Higher margins available to traders compared to investors.

2. High return potential.

3. Lower brokerage charges, especially with the Free Intraday Trading (FIT) option.

Important guidelines for Intraday trading

As it seems easy to earn profit by Intraday but one disconnect with time and analysis can wipe out your whole capital within second. So Before choosing any stock, follow the guidelines below :

1) Never invest beyond your affordability because no one can analyze the market movement 100% correctly.

2) Always use stop loss to minimize your loss.

3) Don't try to fight with market. Always follow the market movements.

4) Set your target and if your target is met, book your profit and exit quickly.

5) Always use market indicator and watch previous performances of the stock.

6) Don't target more than two and three stocks at a time.

Saurav..