Intraday trading

Hi,

I am a new entrant in the intraday trading. I used to pick reputed shares when they are down on a particular day and sell it off when the price picks up next day. But due to volatility in the market it has not given a good result. Please share your views in the intraday trading.

Regards
Bhagya

First you have to Learn Swing Trading (for short term) then after enter the Intraday,

Otherwise.....

YOU WILL NOT HAVE MONEY IN YOUR POCKET TO DRINK EVEN TEA


Happy Journey,

Prakash
(bjj9126)

wait for volatility to subside.. will you fish in a storm?

Donot forget to put stoploss

pplz make me understand what is stoploss

NOT LIKE THAT........

u need to learn and experience urself.......clear ur concept.......peoples can give thoughts only........

Don't hope......no-body will share his system......also...it may not suitable for u....... develop ur system according to ur nature.......actually......try to understand what suits u......what plan/stratigy........

Earning..........
can not come without learning........

Well try not to buy when stock is moving up, as it may be the tip point.
Buy when its falling like hell, it may be the bottom

Day trading is the skill of reading intention of operators/pros which is displayed on the charts.

Hmmm........a very common attitude in the markets,.....a certain path to great destruction.

The problem with the above line is the word "may".........it may be the bottom,it just may not be......So however wise and clever it may sound,especially to the newcomer,a word of caution:

Do the above again and again,and great poverty and probably a place in the mental asylum is a surety.

Careful!!

Saint

here's what jesse leivermore thought

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up. I dont mean of course that in a bear market caused by a war, ammunition shares do not go up. I speak in a general sense. But the average man doesnt wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesnt even wish to have to think.

When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I dont buy long stock on a scale down, I buy on a scale up.

Remember that stocks are never too high for you to begin buying or too low to begin selling. But after the initial transaction, dont make a second unless the first shows you a profit. Wait and watch.

trade safely my friend!