BEST Intraday Trading Strategy by Aslam | Malayalam | Part - 7

How to Use EMA 10 & EMA 20 Correctly for Intraday....

Best Backtesting Platform Link : https://www.traderview.me/?ref=707916

TradingView Indicator :- https://www.tradingview.com/script/5m...

Telegram channel for Intraday trading :- https://t.me/+ly1ETHLTO99jMzU1


Intraday trading tips
================================
To enhance your intraday trading success, consider these essential tips:

Selecting liquid shares for intraday trading
-------------------------------------------------------------------------
The initial step in intraday trading involves selecting liquid shares. As these securities must be sold before the market closes, opting for liquid options is crucial. It is advisable to focus on two or three large-cap stocks with high liquidity. This ensures seamless buying and selling, enabling capitalisation on potential price fluctuations throughout the trading day.

Leveraging stop-loss orders to mitigate risk
-------------------------------------------------------------------------
Employing stop-loss orders is a prudent strategy to limit potential losses. This order automatically sells the shares if the price drops below a predetermined level. For instance, if a stock is purchased at Rs. 1,500 with an anticipated price increase, setting a stop-loss at Rs. 1,480 can restrict losses to Rs. 20, even if the price declines further.

Avoiding volatile stocks
-------------------------------------------
While volatile stocks may present lucrative opportunities, intraday trading inherently carries risks. A thorough understanding of the stock or sector is essential before engaging in such trades. Implementing stop-loss orders is crucial to manage risk. This mechanism automatically exits the position when the stock price reaches the predefined stop-loss level, preventing significant losses.