WHAT IS INTRADAY TRADING?
INTRADAY TRADING IS ALSO CALLED AS DAY TRADING,IT MEANS BUY AND SELLING OF STOCKS OR OTHER FINANCIAL PRODUCTS WITHIN THE SAME DAY,OR SQUARING OF THE ORDER BEFORE THE CLOSING TIME OF OUR SHARE MARKET.RULES TO TRADE IN STOCK MARKET:
- WHENEVER YOU START ANY THING YOU SHOULD HAVE PRIOR KNOWLEDGE ABOUT IT,SAME GOES WITH STOCK MARKET TOO..
- ALWAYS USE SAME CAPITAL AND LEVERAGE(LEVERAGE I'LL EXPLAIN YOU FURTHER)ON ALL POSITIONS AND TRADES.
- DON'T OVER TRADE!,I SAID NEVER.
- TRADE WITH THE AMOUNT LOSS YOU CAN BEAR.
- TO ALWAYS BE IN PROFIT USE SAME LEVERAGE AND BOOK (0.7-1)% PROFIT OF YOU'RE TRADED PRICE.AIM FOR 400/- TO -600/- PROFIT.
- 500/- PROFIT=YEARLY 1.50 LACK'S PROFIT!ITS NOT SMALL!DON;T BE GREEDY!GREED IS POISON!.
- NEVER FORGET RULE NO:-5!!!!,NEVER,NEVER.
SOME TERMS RELATED TO STOCK MARKET:
FOR EXAMPLE:-
SUPPOSE YOU SOLD 300 QUANTITIES OF WOCKPHARMA AT AN AVG PRICE OF (392/-) SHOWN WITH AN WHITE ARROW,NOW AS YOU SOLD SO YOU WILL WAIT FOR YOU TRADE PRICE TO GO DOWN SO ACCORDING TO THE PROFIT RULE OF 0.7% PER TRADE YOU,RE FIRST TARGET WILL BE (389.3/-) AND YOU'RE SECOND TARGET WILL BE (388/-).ACCORDINGLY YOU MUST SET YOU'RE TARGET.AS YOU CAN SEE FROM ABOVE PICTURE THE LOWEST IT GONE IS (386.50/-) BUT ACCORDING TO OUR PROFIT RULE WE SHOULD BOOK ONLY 0.7%,BECAUSE GREED ID POISON!!.
⇨ POSITIVE MARKET: IT MEANS THE NIFTY KEEPS RISING FROM THE PREVIOUS CLOSED POINT.
THE RED CIRCLE IN THE PICTURE CLEARLY SHOWS THAT THE MARKET HAS OPEN POSITIVE.DURING POSITIVE MARKET RISKS IS HIGH IN SHORT SELLING.
⇨ NEGATIVE MARKET: IT MEANS THE NIFTY GOES ON INCREASING FROM THE PREVIOUS CLOSED POINT.
THE TECHNIQUE OF SHORT SELLING WORKS VERY ACCURATE WHEN THE MARKET IS DOWN
⇨ VOLATILE MARKET: IN THIS CONDITION THE MARKET EITHER GOES VIGOROUSLY IN POSITIVE SIDE OR EITHER NEGATIVE SIDE (i.e.. the market remains unstable).
NOTE:THIS TYPE OF MARKET IS OBSERVED DURING NATIONAL ISSUES,LIKE ELECTIONS,BUDGET DAY,ETC..
⇨ FLAT MARKET: IN THIS SITUATION THE MARKET DOESN'T SHOW ANY MOVEMENT IT REMAINS STABLE.




