Important points to monitor in Intraday trading
Important points to keep in mind - Read this
before starting your trading
1. Remember that you are doing intraday trading,
so be ready to have to book small profit and not wait for huge profit.
2.
Do multiple trading with less profit, which makes you to end up with good profit
at the end of trading hours.
3. Before starting your day trading find out
the nifty/sensex direction, means whether they are going to be in positive
direction or negative direction.
4. Mostly
direction of Indian market is depended on US indices and other Asian indices. So
before opening our
market you will come to know status of
all other markets and based on this you conclude Indian market
direction.
5. Trade in direction with nifty/sensex. If indices are going
positive then buy and sell and if indices are going down
then do short sell and then buy.
6.
Don’t make your mind that you have to do daily intraday trading. If you are not
able to understand the market
direction then
just don’t do intraday trading. Just leave for that day.
7. In morning
market time (before 10.20 a.m.) and during market closing time (after 3.10 p.m.)
it has been
noticed that order at NSE get delayed, so its
always better to trade at BSE during such times.
8. When you buy a stock
the selling price should be calculated (brokerages) and put the sell order
immediately
don’t wait for the price to go up and then
you decide to put the sell order.
You should be able to
calculate your brokerage plus taxes for both buying and selling, plus your
profit
(remember in intraday trading you are looking for
small profits and multiple trades).
Disclaimer: Information presented on this site is a guide
only. It may not necessarily be correct and is not intended to be taken
as
financial advice nor has it been prepared with regard to the individual
investment needs and objectives or financial situation
of any particular
person. Stock quotes are believed to be accurate and correctly dated, but
www.intradaystockstips.org does not warrant or guarantee their accuracy or date.
Copyright © 2007 www.intradaystocktips.org All Rights Reserved
Do you need more information about day trading - Following
key words can be used
Free bse intraday calls
Free bse intraday charts
bse intraday tips
how to
do intraday trading
intraday charts
intraday trading
strategies
intraday brokerage
intraday calls
intraday charts
nse
intraday charting software
intraday indicator
intraday
margin
intraday news
intraday picks
Free stock tips
intraday recommendations
intraday
software
intraday stock screener
intraday stock tips
intraday
stocks
intraday technical analysis
intraday techniques
intraday tips on
mobile
intraday traders
intraday trading india
intraday trading
methods
intraday trading rules
nifty intraday chart
day trading training,
daytrading stocks
daytrading free
tips
day trading university
day trading system
day trading
strategies
day trading rules
learn day trading
online daytrading
day
trading stocks
day trading courses
day trading software
day trading
sites
day trading signals
stock tips for intraday
day trading techniques
day trading
guide
day trading commodities
day trading advice
day trading
analysis
day trading charts
day trading education
day trading
information
day trading picks
day trading resources
day trading
rules
day trading secrets
day trading forum
Chapters
Important points to monitor in Intraday
I S T
Your Place to Invest