INTRADAY TRADING: Hello friends, in today’s time everyone wants to do trading because people think that by trading, more money can be made within a very short time and this thing is 100% true if you have the right information. Or you have done a lot of research about trading then only you can make money.
If we see the trading chart of the last two years, then from that we get to know that in the last two years, investors are entering the market very fast, if you also want to trade, then you are already trading then you have entered intraday trading chart. You must have heard about trading. Because intraday trading is such a trading option through which we can lose a lot of money.
Today we will know about every information related to intraday trading. Such as: what is intraday trading, what is the meaning of intraday trading, how does intraday trading work, how can we make money from intraday trading, how to place orders in intraday trading, as well as know what happens from intraday trading. What are the advantages and disadvantages?
So let’s know what is intraday trading after all?
What is Intraday Trading
It is quite easy to understand intraday trading as you must be aware from its name that we have to complete this trading within a day, it means that if you buy any kind of stock in intraday then Those shares have to be sold on the same day and we call it intraday trading.
Intraday Trading starts from 09:15 am to 03:30 pm, let us understand intraday trading in more simple words so that you can understand all about intraday trading.
Let’s say that this morning I have bought 200 shares of ICICI Bank in intraday trading and I am sure that today the shares of ICICI Bank will go up and I have booked my profit and sold 200 shares before market close on the same day. And what we call intraday trading.
Let’s assume that I forgot to sell your intraday shares, then my stock broker will automatically square off my account, which means that my 200 shares will be sold automatically, if it is not sold, then all those shares are automatically sold from intraday. Delivery will change.
If you want to make more money within less time then you can do intraday trading but you must know that where there is more profit within less time, it is the same loss if you want to do intraday trading. With thinking and understanding and with good knowledge, one can start intraday trading.
How Intraday Trading Works
As you all have come to know that intraday trading is very different from regular trading, if we trade in intraday, then we have to buy and sell all those shares on the same day, you have to trade in intraday intraday or MIS. The option is selected.
If you do not have much money for intraday trading, then some smart and discount brokers also provide you a good margin, this means that your stockbroker provides you more margin or leverage. With the help of which you can do intraday trading. Let us understand this in more simple words.
Let’s assume that I have bought 200 shares of ICICI Bank at a price of ₹ 180 and the price of my purchased share increases from ₹ 180 to ₹ 190, then I will sell all your shares, due to which I get ₹ 360. Will benefit.
In such a situation, if I forget to sell your shares, then my stockbroker can sell all those shares on his behalf, it will be that according to the price going on in the market, you can have profit and loss if my stockbroker If he does not sell those shares, then he will credit all those shares to my demat account after delivery.
How to earn money from intraday trading – Earn Money From Intraday Trading
What is Intraday Trading – If you are a new investor in the market right now, it is very important for you to have complete knowledge about intraday trading, but in this article we will tell you every step that is needed in intraday trading, so let’s start.
- You have a demat or trading account.
- Learn Trading Properly.
- In the beginning, you learn to trade on trial basis.
Make a Demat or Trading Account: If you want to do intraday trading then you must have a Demat account, if not, then you can create your own Demat account in Upstox or Zerodha.
Learn Trading Properly: If you do any kind of trading without any knowledge, then you can never make profit without loss, for this it is very important for you to learn about it before doing intraday trading. You will have to devote a lot of time to learn intraday trading, because intraday trading is not a day game.
You should have complete knowledge about trading charts, technical analysis, when to buy and sell shares or if you are buying shares, then only you can become a good trader.
In the beginning, you learn to trade on trial basis: When you are a new trader, then gradually you get to know everything about trading, in such a situation, you can improve your trading, it will increase your trading power. She goes. There are many websites available in the market through which you can learn to trade.
What is Intraday Trading – We are going to tell you about some such tips using which you can make a good profit in intraday trading.
- First: Trade only according to your goals
- Second: Do research in a proper way
- Third: Keep an eye on every news and update of the market
- Fourth: You can do stop loss or not.
- Fifth: Take special care of time
What is Margin in Intraday Trading – Margin In Intraday Trading
What is Intraday Trading – Margin is a very common term in intraday trading as margin is used by every intraday trader if you want to trade in intraday and you do not have as much money as you need. Then in such a situation, you can trade by taking margin from your stock broker. Let’s understand it in a little more simple words.
Like I have ₹ 25,000 thousand in my trading account and want to trade in your intraday, if the price of one share is ₹ 100, then you can buy those shares for 100 rupees only.
Let’s assume that my stockbroker provides me a margin of up to 10X, then I can trade ₹25,000 X 10 = ₹2,50,000 very easily and in the same way, instead of 250 shares, I can trade 2500 shares. I can In this way we can book good profit from margin.
What is Limit Order – What’s Limit Order
If you want to buy any kind of shares at a fixed price, then you can buy or sell those shares by setting Limit Order. We will also understand this in simple words.
Let’s assume that I have to take HDFC Bank shares at ₹ 500 but its real time price is ₹ 560, in such a situation we can use limit order option, we will set the order at ₹ 500 when the price of that share is ₹ 500. But then my set order limit will automatically buy that share and in the same way we can also sell those shares by applying Sell Limit.(What is Intraday Trading)
What is a Market Order – What’s A Market Order
Market order is a little different from the way you just understood about limit order. If you want to buy any kind of share but then we call it market order, it executes the share of real time price in your account.
What is Stop Loss – What’s Stop Loss
We understood from the beginning that intraday trading is very risky, the faster you profit, the faster your loss can happen, for this we use stop loss option if you do not use stop loss Then all your money invested can be lost, by using stop loss, we fix a price of your share, if the price of the share goes below it, then my shares will be sold automatically.
Let us assume that I have bought some shares of Tata Company at the rate of ₹ 100. I have done a lot of research about this stock, I think my stock will go up 5% today but it doesn’t happen at all, it doesn’t go up 5% and comes down 3%.
To avoid this kind of loss, I will use the stop loss option, as I have put a stop loss on the price of the share at ₹ 90, in such a way that the price of my share will fall to ₹ 90, so all my shares Automatic sales will happen.
What is Cover Order – What’s Cover Order
Using cover order, we can set your trade only during intraday trading, in this you can set stop loss only when you buy shares.(What is Intraday Trading)
Like I want to invest in HDFC Bank shares and their real time price is ₹ 410, then I will set that price at ₹ 405 and I will set its stop loss at ₹ 400, due to this both my work. and we can use it only in cover orders.
What is Bracket Order – What’s Bracket Order
By using bracket orders, we can buy shares at the same time as well as set profit booking and stop loss, this is an advanced way of trading. Now we understand you and now in an easy way.
Suppose I have bought ICICI Bank shares at a price of ₹ 350, now I want my shares to be sold as if I book a profit of ₹ 5, my shares. And secondly I also want my shares to touch ₹345 like this all my shares should be sold this will be a stop loss order.
You can do many things with bracket order. And this option can prove to be better for all of you.
Advantages Of Intraday Trading
- What is Intraday Trading – With intraday trading, you can make more money in a very short time.
- We can make money from intraday trading even when the market is down.
- You also get margin and leverage in intraday trading.
- If you learn intraday trading well then you can make very good money in it in future.
- It is not that there is risk only in intraday trading, there is risk in every type of trading if you trade without research.
- If you do intraday trading then you can withdraw money before time, in this high liquidity is also given to every trader.
Disadvantages Of Intraday Trading
- If you are in the pursuit of more profit then your risk of loss becomes as fast.
- The market for intraday trading is not very stable.
- One should exit the market after booking profit in intraday trading.
- Emotion has no role in intraday, if you trade with your emotion then 100% percent will be your loss.
What you learned today(What is Intraday Trading): Today you have got all the information about intraday trading. Such as: what is intraday trading, what is the meaning of intraday trading, how does intraday trading work, how can we make money from intraday trading, how to place orders in intraday trading and also we have learned what happens with intraday trading. About the advantages and disadvantages. If you want news related to such share market, then keep following us.
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