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Thread: How to Go About Intraday Trading

  1. #1

    How to Go About Intraday Trading

    It is important to understand the fundamentals of intraday trading in order to make consistent profits. A good tip is to trade with the current market trend. If the market is falling, sell first and buy later, and vice versa. Make an intraday trade plan and stick to the plan. Set your desired profit and stop-loss limit. Do not be greedy. Instead, book your profits at regular intervals. Maintain stop-loss levels. It helps you to limit your loss if the market does not perform. Also, choose highly liquid shares and trade in a small number of shares at a time, if you are not a seasoned trader.

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    Last edited by niveza; 10-03-2017 at 10:24 AM. Reason: small font size

  2. #2
    To do day trading, always have a stop loss for trades, as the position might drift away, and massive losses might be incurred. Also, choose FreshForex broker for this as their interface is significantly current.

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