Wednesday, 8 August 2018

You might have heard from almost everyone that intraday trading is risky and only experts make profit in intraday trading.
Yes, experts makes money in intraday trading. One thing to be noted is that experts are trading intraday then there must be profit also that they are making. So, try to find that difference or the mistake that you make and experts don't.

Mistakes that a beginner makes and experts don't :-

1.Beginners do over trading. They take buy call on dips and sell on rise also.Think for a once that how can you predict the top (for sell) or bottom (to buy).So, just try to get the fundamentals of the stock or commodity and if fundamentals suggests uptrend then try to find the best price to buy. If trend is up then take only buy trade, because that will be safe also in that you will get bigger profit.

2.Beginners don't have patience. Experts have the patience and trade only when they get the opportunity. Beginners opens the market dashboard to watch and takes the trade in just 5 mins. Experts don't make this mistake, they watch market for atleast and hour (sometime even for hours) to get the opportunity.
3.Beginners takes more than 3 trades in a day. Experts mostly takes upto 3 trades only.
4.Beginners losses more in wrong trade and earns less when they take accurate trade. So, keep your target to stop loss ratio at 1:1 atleast.



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