Tips for Intraday Trading

Trading in which traders want to take the advantage of intraday ups and downs of the stock price is called intraday trading. Intraday trading is not easy because as it gives a good return but the risk is also very high and it may also give a big loss.

There are some very interesting facts available in the market; if you will take care of the following facts then you can take a good return from intraday trading.

•   Some of the stocks take positive response from the market, means when the market goes up then price of these stocks also increases and when market goes flat then share price also declines. On other hand some shares take a negative response from the market, it means that  when the market goes up then share price decreases and when market goes down then price of these stocks goes up.
•  According to my point of view the stocks take a hike of 3% or more become good for intraday trading. As I saw that the stocks which take such a hike, grows continually up to 4.5% to 6%.

•  If the price of stock is increasing continually for 3 to 4 days, then its price can take a decline after these 3 to 4 days and at that day it will become harmful for intraday trader. To escape from this trap  you must have to see the historical data of the stocks which is available on the websites of different Stock Exchanges.

So, I think that if you want to do intraday trading then you must have to take care of the above things.

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