Some suggestions for earning profitable returns in day trading.

Discussion in 'Investment Strategies' started by aditigupta, May 17, 2017 at 10:49 AM.

  1. aditigupta

    aditigupta Member

    Day trading refers to trading act in which traders square off their position on the very same trading day. Usually traders with less capital trade here. Following are some suggestions for intraday traders which can help in earning better returns :

    1)Plan multiple trade.Instead of waiting to earn high returns in one single trade try multiple trades. This approach is less risky and helps in earning good returns.

    2)Do not believe that this type of trading will help you to become rich overnight. A good patience and trading skills is required to succeed here.Like other forms of trading here also sometimes you will earn profit and sometimes loss.

    3)While trading do not change the your lot size frequently. Try to keep it constant.

    4)Trade in different stocks. Intraday trading offers various opportunities. Traders can take benefit from such opportunities by trading in different stocks and not restricting themselves to some particular stock.
     

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