How to do Intraday Trading?

What is Intraday Trading?

The best way to understand intraday trading is buy and sell stock in a day. That mean if you bought any stock today you need to sell that stock before closing the day (15:30 hr).

Product

1) CNC

2) MIS 

• CNC stands for Cash n carry. Cash and carry is actually your own cash available in a demat account and you are buying stocks with that cash. If you bought any script by Cash n carry you can hold that script which is called positional or holding.
• MIS stands for Margin Intraday Square-off. In which brokerage company gives you a good margin as per your capital available in demat account. You can buy any script with that available margin and take a benefits of availability of margin. On the other hand you need to sell script as per brokerage company’s square-off time or your script will be automatically square-off by the setup time. The setup time is depend on brokerage company.

Types of Intraday :

Traders use a combination of examinations and approaches. From ultra transient specific approaches to manage fundamentals driven buy and hold frameworks, there are techniques to suit everyone's taste. 

For another dealer entering the possibilities business focus, developing a thorough methodology can be a staggering task. A better than average starting spot for students is to consider the three kinds of dynamic trading: 

1.Intraday 

2.  Day 

3.  Swing 

      These all three have a different time frame, Because of different time frame risk is also different.

1. Intraday : The name shows the meaning a Short trading. Intraday trading is basically a short trading and trade manage in Second, Minutes & Hours with a high risk factor. In this trading trader trades in a session and the price will be a highly volatile in short session.

2. Day Trading : Day trading is very similar with Intraday Trading. In Day Trading trader needs to close or square-off the trade before market closing time. This trading is mostly go with momentum, trend and range.

3. Swing Trading : Swing trading is based on Fundamentals. In which trader used most of Indicators to get technical levels and this trading is mostly used for Commodities or Futures. Swing trading is a positional trading and hold the script for several weeks. Macro-trends and Geopolitical plays a vital role to select the script.