How do I choose stocks for intraday trading


Unbalance supply and demand are the points of your entry
In the market, if supply is collapse or effect by anything then prices go high and if supply is excess then the prices go low, as this is the most important point which is taught in by any academy. Look for these turning points on the price chart.
Always set your Intraday target
Beginners should always set their target in advance and how much profit is acceptable and always set your stop-loss level. Then stick with your plan and strategy. This will limit your loss and keep you from greedy; if the market is in good shape then you can reset your target after initial target is achieved.
Your risk-reward ratio should be minimized when setting of your goal
This is very much important point which is beginners should understand, your risk-reward point ratio should be minimal like 3:1. This allows you to win more and lose less. As you gain some experiences your risk-reward ratio goes high.
It all about Patience
It’s very often successful traders do not trade every day, they may be in the market if they do not see the opportunities they don’t trade. That is very good judgment than going against it. Many traders do daily trading even their fortune is not in the favour.
Learn from experiences and don’t stick with one intraday trading stock
Many beginners lose their money and they lose all hope when nothing goes in their favour. Don’t lose your hope, learn from past experiences.
There are Forex, future and option in which you can trade; they show volatility and liquidity just like stocks which make them ideal for intraday trading. Maybe one of them is appealing if the market is not going as you plan.
If you want to start trading then you can start by yourself or you can take help of any advisory firm like KHELOMCX, BAZAARTRADING advisory firm, 100MCXTIPS. Generally, I prefer BAZAAR TRADING, from their advice I earn the bigger profit, they provide the best technical and fundamental analysis in stock trading and commodity from experts.
(Source: https://www.quora.com/How-do-I-choose-stocks-for-intraday-trading)

Comments

Post a Comment

Popular posts from this blog

What math concepts do I need to know to become a better investor

Image
If you want to become the better investor you should know some elementary maths and the most important is you should know some profit and loss and their formula. If you want to start trading then you can start by yourself or you can take help of any advisory firm like KHELOMCX, BAZAARTRADING advisory firm, 100MCXTIPS. Generally, I prefer BAZAAR TRADING, from their advice I earn the bigger profit, they provide the best technical and fundamental analysis in stock trading and commodity from experts. (Source:  https://www.quora.com/What-math-concepts-do-I-need-to-know-to-become-a-better-investor )
Read more

Is tobacco traded on the MCX

Image
Multi Commodity Exchange of India Ltd (MCX) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. It is India's largest commodity derivatives exchange where the clearance and settlements of the exchange happens. MCX offers options trading in gold and futures trading in non-ferrous metals, bullion, energy, and a number of agricultural commodities like mentha oil, cardamom, crude palm oil, cotton and others. Tobacco is not traded in the MCX. Lots of commodities is traded under the MCX.If you want to start trading then you can start by yourself or you can take help of any advisory firm like KHELOMCX, BAZAARTRADING advisory firm, 100MCXTIPS. Generally I prefer BAZAAR TRADING, from their advice I earn bigger profit, they provide the best technical and fundamental analysis in stock trading and commodity from experts. (Source: https://www.quora.com/Is-tobacco-traded-on-the-MCX )
Read more

What is the right way to know which stocks are multibagger

Image
Stocks that give profits that are sometimes their costs are called multi-baggers . These are fundamentally stocks that are undervalued and have strong fundamentals, thus presenting themselves as great investment options. Multibagger stock companies are strong on company governance and have businesses that are scalable within a short span of time. If you want to start trading then you can start by yourself or you can take help of any advisory firm like KHELOMCX, BAZAARTRADING advisory firm, 100MCXTIPS. Generally I prefer BAZAAR TRADING , from their advice I earn bigger profit, they provide the best technical and fundamental analysis in stock trading and commodity from experts. ( Source:  https://www.quora.com/What-is-the-right-way-to-know-which-stocks-are-multibagger )
Read more