How to do Intra-day trading?
We have all been to the beach at least once in our lifetime, and most of us have been lucky enough to spend a lot of our time there. Even if you haven’t visited the beach, there are certain things you would have heard of it. They are high tides and low tides. We also know that we have to stay away from the high tide and let go of ourselves when it is low tide. Similar to the fluctuations in the tidal phenomenon, there are ups and downs in the stock market as well which is the root cause for intraday trading.
Intraday trading is a risky business. We have to play our cards well and finish it off in 24hours time. We buy shares when the shares are at their lowest and sell it when they are at their best.
But like mentioned before, since it is a very risky business with a stop clock ticking by, you need proper guidance and support to achieve even a little success in this game. Here is where reputed brokers like GOODWILL comes into play, with help calls given by experts who have been dealing with stocks their entire life they give you the assistance you need.
The key is to start with small lots and then play your own game, but only after you are thorough with the rules of it. You have to understand the pattern of the movement of shares. You can also learn the pattern of movement of a few particular shares and the Nifty and Bank Nifty Index.
Reading the business newspapers and attending a few training programs will also be useful in the long run. You can also learn about Technical and Fundamental analysis and support levels and resistance levels.
According to Investopedia, A stop-loss is designed to limit an investor’s loss on a security position. It is used to limit loss or gain in a trade. Stop Loss order is an essential part of this scheme and should be used at all costs.
Now that you have got a fair knowledge about Intra-day trading, you can go ahead and contact GOODWILL at email@example.com or give a ring at +91 80122 78000.
Visit our website: https://gwcindia.in/