Basics of Intraday Trading

Intraday trading or day trading is the exchange of stocks/shares within a day. All exchanges are cleared before the market closes for the day in intraday trading. Earlier intraday trading is seen as the vehicle of big financial firms or highly professional traders. But thanks to the technological surge, and the invention of electronic trading. Today, it’s super-easy to get into intraday trading.

The difference between regular trading and intraday trading is the lies in taking the delivery of the stocks. In intraday trading, the positions are squared off on the same day. But the regular trade will only be completed in a matter of days.

Who should do intraday trading?

The answer is anyone can do intraday trading, on a condition that the person should have the time to follow the market closely and the will to take risks. If you are a person with a day job, with no extra time to watch the market, it is best that you avoid intraday trading. The key to success in intraday trading is keen market watching and timing the exchanges to perfection. Also, you must have a good understanding of the stock market and the related entities.

Placing intraday trades

Another crucial thing is finding the right broker. You have to find one who offers you research support as well as technical support. If you are a resident of Cochin, there are many Share brokers in Cochin that offer great support.

Advantages of intraday trading

• High return potential
• Higher margins than investors
• Comparatively low brokerage charges

Getting Started

You can start with opening a trading and Demat account. If you are already a stock market investor, you may have to open another account for intraday trading. You have to identify trends by analyzing different daily charts. If you are a resident of Cochin you can seek assistance from various renowned Stock broker in Kochi.

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