InvestorQ : what is your strategy to choose stocks for intraday?
Rahul made post

what is your strategy to choose stocks for intraday?

Answer
user profile image
K V RAO answered.
1 year ago


Intra day trading is risky. You need to follow support /resistance levels. Further data on volume at support /resistance is required. Do you have time to be a intra day trader? All the time you need to watch price movements or stop loss has to be put. To begin with never commit your entire capital for intra day. Not more than 30% of investible funds should be earmarked for intra day. Having said this one great advantage of intra day is you are free of geo political risks that may erupt at any time after markets are closed.