Intraday Calls for Today
What is Intraday Trading?
For intraday trading, first hour strategy is one of the most excellent trading strategies in the stock market, which helps day traders
to make money in share market of India. If you apply good trading strategies with discipline then desirable profit can be earned by generating
intraday calls for today in the stock market. Following is one of the best trading strategies; First hour strategy: In the first hour strategy
the trade in the first hour is watched. The high and low of the first hour is marked and then the trade after the first hour is watched. If
a breakout occurs after the first hour the trend formation is assumed to happen. For example if the breakout happens from the high an uptrend
is assumed to be continued. On the other hand if the downtrend is formed with a breakout from the low value a down trend is assumed to be
formed and continue. Thus appropriate long and short positions can be taken.
What are the advantages of investing in Intraday Trading?
There is no overnight risk when you do intraday trading. You can also make profit in any direction. Here you get increased leverage thus,
more buying power. You get high returns. Also you have to pay low brokerage commission. It is said that the day trading is the only segment that
gives you more opportunities that any other segment of trading.
What are the disadvantages of investing in Intraday Trading?
There are no disadvantages of practicing day trading apart from the fact that there is risk of substantial losses. There is no consistent pay thus,
high stress and risk of burnout.
Why I must invest in Intraday Trading?
Many newbie traders and investors approach the stock market for gaining good profits and multiply their wealth, thus you must also invest in share market.
Generally, the beginners don’t want to lose their investments as they are new and the losing will lead to drop in the confidence of the traders. For example,
if the trader starts with a trading amount of 10000 Rs and he come to lose the total amount, will lead to break the confidence of the trader. This trader will
never return to the stock market again. The trading in the stock market is always accompanied with risks. Thus the trader should start with an investment amount
which he can afford to lose. There are equal probabilities of loosing and gaining in the stock market. Thus if the trader is following a good strategy, it will lead
to increase in the chances of the winning trades.