Understanding what is Intraday Trading?
Intraday trading is also known as day trading. This trading strategy is all about buying and selling stocks within the same trading day. By the end of the day, traders can book a profit or loss.
This method of trading is gaining popularity among new and active traders. Because it gives the opportunity to make profits daily without locking your capital for a long time. You’re reacting to the market movements in real time, based on trends and analysis, not holding any stocks for months or years.
Why is Intraday trading is getting so popular?
Today, every second investor entering the stock market wants to understand how intraday trading works. With the increase in the awareness towards the stock market and easy access to trading platforms. Traders can look for the new opportunities to trade actively and to capitalize on short-term price movements.
One of the biggest reasons for this trend is liquidity and flexibility. In intraday trading, traders need not wait for weeks or months to see returns. If the market moves as you expected, you can close your trade in just minutes or hours within the same trading day.
What is Intraday Boost?
Intraday boost refers to the method used by traders to increase the chance of executing more trades within a single session. In delivery trading, you can hold stocks for a longer period, but intraday trading demands quick entry and exit.
For example, choosing the right stocks for today intraday gives you a boost because liquid and volatile stocks move more during the day. Similarly, following structured intraday trading tips from a registered advisor helps to avoid random trades.
How to Boost Intraday Trading
Boosting your intraday trading doesn’t mean looking for more trades all the time. It says trade with preparation always gives good results. These are some steps that include:
Set proper entry and exit levels daily before the market opens.
Always track news and events that affect indices like Bank Nifty to understand momentum.
Following a disciplined approach reduces losses when trades go against you.
If you’re a beginner, you can visit our blog page. Which explains differences between intraday vs delivery trading to understand which method aligns with your goals.
Difference between intraday and delivery trading
Intraday trading focuses on short-term trades. In intraday, your goal is to enter and exit the market within the same day without any open position. While delivery trading is all about long-term investing. Also, in delivery trading, you can buy stocks and hold them in your demat account for days, weeks, or years.
Where you can trade in intraday?
You can choose to trade in:
Stock Cash Market:
In this, you can buy and sell individual stocks such as Tata Steel, Reliance, ICICI Bank, Jio, etc., on stock exchanges like NSE or BSE. It’s often considered a safer entry point for beginners.
Derivatives Market:
In the derivative market, trading in stock futures or options. These instruments have a fixed lot size and are also more risky. But they also offer more potential returns.
Depending on your experience and capital, you can start with the stock cash segment and slowly explore derivatives.
Intraday Boost with Technical Indicators
To identify short-term trends, technical indicators play an important role. Below are the commonly used technical indicators to boost intraday:
Moving Averages Indicator:
This indicator will reduce price fluctuations and show the direction of the trend.
RSI Indicator:
This indicator displays overbought and oversold stock conditions, where reversals often occur.
VWAP Indicator:
With the help of this indicator, you can identify entry levels for intraday trades.
These tools can give you an edge by using a simple approach. For example, using RSI and moving average indicators together helps you time entries better when looking for intraday tips for today NSE.
How to improve your success rate in Intraday?
Intraday trading requires discipline, timing, and strategy; it’s not about taking random positions. One of the best and most effective ways to trade smartly is using technical indicators. These tools help analyze stock price patterns and trends, so you can make well-informed decisions.
Here are some of the technical indicators most widely used:
Moving Averages: This indicator will help to identify trend direction and reversals.
Bollinger Bands: By using this indicator, you can find market volatility and price breakouts.
MACD (Moving Average Convergence Divergence): The MACD indicator is used to spot the momentum shifts.
RSI (Relative Strength Index): This indicates the overbought or oversold stocks.
OBV (On Balance Volume): It connects the price movement with trading volume.
McGinley Dynamic Indicator: This is an effective tool for smoothing out price data.
Learning how and when to use these indicators can help to boost your confidence and trading.
Can you really book profits daily in Intraday?
Yes, traders can book profits daily in intraday trading, but only with proper preparation. Intraday trading offers opportunities daily, but it also comes with risks. At The Trade Bond, we do proper research and educate our clients before giving any trade. Our expert team studies technical and fundamental factors. Also, we make sure that every trade suggestion is backed by logic.
Whether you are trading in the stock cash segment or exploring derivatives, understanding your entry, exit, and stop-loss strategy is very important.
Looking for a guidance before you start?
If you’re new to trading or confused about where to begin, you don’t have to figure it out alone. Fill out the details to book your free consultation session with our advisor. We’ll educate you and help you to understand how to trade intraday confidently.