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.
Stock broker in Kochi
| Share brokers in Cochin | List of stock brokers in Kerala | Share trading | Share trader
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