Stock trading is a vast subject, in which in numerous terms exists. Very few of us might be aware of the difference between the intraday trading and the delivery trading. Intraday trading, as we all know is buying and selling of stocks in one single day. Whereas, when the trader buys a stock and keeps the same on hold overnight is called delivery trading. Traders are benefited by both the trading styles. Traders can obtain the best and accurate intraday cash tips from reliable advisory firms like Money Classic Research. Tips on delivery trading are also delivered to the customers by this advisory firm. In general, the brokerage charge of delivery trading is more than the intraday trading.
If you want to succeed at day trading then you need to definitely practice following three things:
- You must identify intra-day trading strategies that are tried, tested.
- You need to be 100% disciplined in executing these strategies.
- You must stick to a strict money management regime.
As the topic says that you will be learning about best intraday trading strategy under this heading, so let us start with it. But before we start with the strategy, first let us know why novice traders must not do day trading. For those, who have just started trading in stocks, this article is helpful as it embraces certain best reasons for why intraday trading is not safe for them. As we know, intraday trading is buying and selling of stocks in one single day. Therefore, the intraday trading involves frequent market fluctuation, which is not that easy to understand by novice traders. Only if you are trading under the supervision of veteran technical analysts then you can get the profit.
You must always learn from your mistakes and also keep in mind that you must never risk more than 2% of your trading capital on every trade. The study proves that no one will go bust in trading if they trade with proper risk management. This piece of writing embodies one of the best as well as simple strategies that can be implemented in intraday trading.