Intraday Trading for beginners
Intraday Trading is a type of trading where you buy and sell stocks or shares within the same day. This type of trading is suitable for investors who want to make quick profits on small price movements.
Intraday Trading is different from other types of trading such as long-term trading or swing trading, where you hold your stocks or shares for a longer period of time. Intraday Trading is also different from day trading, where you buy and sell stocks or shares only on the same day.
Intraday Trading can be profitable if you know how to trade correctly. However, it can also be risky if you do not know what you are doing. It is important to learn about Intraday Trading before you start trading.
In order to trade Intraday, you need to open an account with a stockbroker. Zerodha is a good option for Intraday Trading. Zerodha offers a free trading account and you can start trading with as little as Rs. 200.
Once you have opened an account, you need to choose a stock to trade. You can choose a stock that is listed on the NSE or BSE. You can also choose a stock that is listed on the Nifty or Sensex.
Once you have chosen a stock, you need to decide how much money you want to invest. You can invest a fixed amount or you can invest a percentage of your total capital.
Once you have decided how much money you want to invest, you need to decide what type of trade you want to place. You can place a buy order or a sell order.
A buy order is an order to buy a stock at a certain price. A sell order is an order to sell a stock at a certain price.
Once you have decided what type of trade you want to place, you need to decide what price you want to buy or sell the stock at. You can use a limit order or a market order.
A limit order is an order to buy or sell a stock at a certain price or better. A market order is an order to buy or sell a stock at the best available price.
Once you have decided what type of order you want to place, you need to decide how long you want to hold the stock. You can hold the stock for a few minutes or a few hours.
