InvestorQ : Tell me a guaranteed way of making profits in intraday trading?
Katherine Gonsalves made post

Tell me a guaranteed way of making profits in intraday trading?

Answer
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diksha shah answered.
2 years ago


When it comes to booking profits in intraday trading, you will be required to do a lot of research. For the same purpose, you need to follow certain indicators. Often intraday tips are believed to be the Holy Grail; this, however, is not entirely accurate. Don’t fall for the tips trap. They can be counterproductive. Remember, there is no guarantee in intraday trading and nobody has ever discovered a winning formula for intraday trading. Intraday Trading indicators are beneficial tools when used with a comprehensive strategy to maximize returns. You can at best use these tools and increase the probability of making profits in the intraday trading.
Intraday traders always face inherent risks that exist in the stock markets. This is true for most traders but becomes more pronounced for intraday traders. Price volatility and daily volume are examples of a couple of factors that play an important role in the stocks picked for daily trading. Traders must not risk over two percent of their total trading capital on a single trade to ensure the right risk management. What matters really in intraday trading is to do your homework and then manage your risk through discipline. That can work better in your case.