If you have amount to be invested in stock market and you are confused how to start it , then your problem ends here , we’ll tell you how to start intraday trading.First of all intraday trading is Buying and selling of shares or financial instruments on daily basis ,this is also called as day trading. Whatever you buy today you have to sell it today OR whatever you sell today you have to buy it today and very importantly during market hours that is 9.55 am to 3.30 pm (Indian time).
The first step of trading is a trading account with any broker and bank account which provides online banking facility. Online banking has made trading easier by giving their customers service which can be availed 24×7. After that you can start with paper trading in the beginning. In paper trading, he can practice investing by manipulating the imaginary money for investment purpose which will act as a real market and help you to learn the basics of trading.
After finding success in paper trading one should trade with very little money that he can willing loose. After achieving success in small investments one can increase the scale of investments by purchasing more of the shares. You should also know how to manage risk i.e. you should know when to enter and when to exit from a position when it goes against you. Look at the daily weekly and monthly graphs of the companies you want to invest in as it is possible sometimes that daily graph of a particular stock may convey to you that you have to sell the stock, on the other hand weekly and monthly graph can convey to you that you can buy the stock.
Day Trading in Stock Markets is a highly profitable Business if you have definite plans and pre-determined strategies. As a Day trader you can earn profits regularly on every day in both rising and falling markets. This is possible because almost all actively traded stocks registers four price levels every day i.e., the opening price, intraday high price, intraday low price and the closing price. The difference within these price levels in any market whether rising or falling will be around 2 % to 12 % giving lot of opportunity for day traders to earn profits daily by entering into both long trades and short trades.
While trading doing a technical analysis is also very important so that you can estimate your gains and loss , doing technical analysis is not possible for normal trader until and unless he is not a professional analyst. So trader should go for a technical analysis which provides him Intraday Tips and do all calculations so that to maximize the profit .
For More Info about Intraday Trading or intraday Tips Plz visit at http://www.capitalheight.com/about.php or call at 0731-4295950