Is it advisable to sell at intraday high and buy at intraday low?

[hmsanil]

Hi all

I have a question,is it advisable to sell at intraday high and buy at intraday low?

Because i have read that generally during intraday a stock will have some good correction from its Intraday High And Intraday Low.

Please share your thought about it

Thanks Anil

 

[prktrade]

How will you know if the high is the intraday high and the low is the intraday low until its the end of the trading session?

You could close at the high of the day or the low of the day..

 

[hmsanil]

Hi,

Is there any indicator to cross confirm intraday high and low with buy sell signal?

 

[asnavale]

Hi,

Is there any indicator to cross confirm intraday high and low with buy sell signal?

Any high whether intraday or even a 1 minute high will be known only after it is over and the next price is lower. So, intraday high will be known after the whole day's trading is completed. Similar is the case with intraday low. Therefore, no indicator can tell you what is intraday high/low. If such an indicator exists, then everybody would wait to buy at intraday low and sell at day's high. In that case no trading will take place as every body is waiting to get the required price and no selling/buying takes place. Just imagine, you want to buy the newest car. Can you do it? The moment you purchase it the next car produced is the newest car. Think over it logically.

-Anant

 

[amanfree]

It will be better if u do the opposite, buy at the high and sell at the low. Just paper trade and compare the results

 

[asnavale]

It will be better if u do the opposite, buy at the high and sell at the low. Just paper trade and compare the results

You can't do that even. To Buy at High and Sell at Low you should know the high and low. Obviously you can not tell what is day's high and low till the trading session is complete.

-Anant

 

[bashasm]

Hi all

I have a question,is it advisable to sell at intraday high and buy at intraday low?

Because i have read that generally during intraday a stock will have some good correction from its Intraday High And Intraday Low.

Please share your thought about it

Thanks Anil

Catching the tops is a myth, at least you can't do it consistently

 

[siddhant4u]

Better still, sell at 52 week high and sell at 52 week low... bith high and low and 52 week are constantly moving

 

[vaibhav89]

Hi

 

[hmsanil]

Hi all,

This question i had asked was way back in sep 2011. When i read that question again right now, i can really say that it was a DUMB Question. I was beginner then. Yes catching top and bottom is a myth.
Dear asnavale has given the perfect answer for this question.

Intraday trading is all about catching the trend.