What are some good intraday trading strategies?


In intraday trading there are numerous things you should consider before formulating and applying the activities like choosing the right stock, knowledge about the candle volume chart, pivot points etc. After doing these things you should consider following basic concept.


  • If the market reaches at highest point then it is probable that it will come down. In such a condition one can consider making the investment.
  • Generally, it is advisable to put money on the stocks that have strong base rather than risking the money on the undervalued ones.
  • The appropriate intraday trading formula is very vital in the stock market trading as it can prove to be profitable in the long run.
  • Trader must choose the companies which pay higher dividends then loss making firms.

If the strategies you are making is not proving to be effective then you can take the help of some well-experienced advisory firms like 100mcxtips, khelomcx and others that can provide advises on the basis of technical and fundamental advises.
(Source: https://www.quora.com/What-are-some-good-intraday-trading-strategies)

Comments

Popular posts from this blog

What are the top 5 ways to avoid losses in commodity market?

Why doesn't everyone trade stocks?