iconAll times are GMT -4. The time now is 05:02 PM. | Search:

» StockRants Stock Forum » Public Stock Forums » Forex Trading » Intraday Trading strategy



Reply
 
LinkBack Thread Tools Search this Thread
Old 05-23-2012, 04:26 AM   Nav to Top  #1
Junior Trader
 
andysteven's Avatar
 
Join Date: Mar 2012
Location: Mumbai
Posts: 2
Favorites: HAVELLS, Tata Steel Eq, IVRCL
Rep Power: 16
Reputation: 10
andysteven is on a distinguished road
Default Intraday Trading strategy

If you don’t want to take high risk in day trading then you can avoid using margin amount and trade only using available amount in your trading account.

Generally it is risky (if you are new and not experienced) to do over trading by using margin amount or even requesting your broker to add more margins for a day.

Major advantage of margin amount is if you have less money then also you can buy more shares.
Some experienced traders make use of margin amount to do multiple trades taking very small profits.

In order to overcome the disadvantage of margin trading you can follow this tactics
Suppose if you have Rs 25,000 in your trading account then trade only of rupees 25,000.
In other words buy and sell shares of rupees that is available with you and which is your money and not broker money so now there is no compulsion that you have to square off your trades before 3:30 pm.
If your trade is in profit then you can book your profit and if your trade is in loss then if you want you can take delivery of those shares and sell when the price goes up.

So if you avoid margin amount then you can avoid the major losses.

So there is no harm if you don’t use margin amount.

It is not compulsory to use margin amount it is just an additional amount given to you for day trading.

Don't wait for huge profit in single share/trade
If you are getting some profit and if you notice that is not further moving up (it’s called consolidation) then you can sell your share/stock and come out of that trade.
Don't wait for huge profit in single share/trade
If you are getting some profit and if you notice that is not further moving up (it’s called consolidation) then you can sell your share/stock and come out of that trade.

I have recently done with the technical analysis tool of Dynamics levels any ways but does it give short term trading ideas, with instant market watch of support and resistance for daily trading, i personally have demat account with reliance money , then infoline, but their trading portal is very slow in giving you results instantly, even opening with intra watch, Here is my persobnal experience.


Stock Name:SOBHA DEVELOPERS

SELL:309.75

Safe Trader Target: 305

Target 2: 300S

top Loss : 314

Stock Name:HINDALCO

SELL:107

Safe Trader Target: 104

Target 2 : 101

Stop Loss :109


Stock Name: STATE BANK OF INDIA

BUY:1938.50

Safe Trader Target:1961

Target 2 : 1981

Stop Loss: 1918

stock tips
__________________
technical analysis tool
ready updates: https://www.dynamiclevels.com/
andysteven is offline   Rate this post Yes | No Reply With Quote
Old 06-25-2012, 06:40 AM   Nav to Top  #2
Junior Trader
 
Gorald's Avatar
 
Join Date: Jun 2012
Location: London
Posts: 11
Favorites: BUD,WOOF,BOOM
Rep Power: 13
Reputation: 10
Gorald is on a distinguished road
Default

Without margin, how you can expect to get some good profit or return from your investment? A newbie will see very little return in his investment without using any margin which will make him frustrated I think.
Gorald is offline   Rate this post Yes | No Reply With Quote
Reply

Tags
intraday trading, intraday trading strategy, share analysis tool

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Strategy likesmoney Traders Lounge 10 01-21-2011 05:14 AM
Hypothetical Trading Strategy david Technical Stuff 10 05-08-2009 01:34 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On