#Intraday #stoploss #wallstreetmojo #learnstockmarkets #stockmarketbasics #intradaybasics #IntradayTradingBasics
What is Intraday trading, stoploss and more -Part 2?
Chapters:
00:00 – Introduction
00:25 – What is Intraday trading?
01:00 – What is stop loss?
01:07 – Example of stop loss.
01:32 – How to choose which stocks to trade on?
01:38 – What is technical analysis?
02:17 – Intraday final verdict?
03:50 – Conclusion
In this video tutorial, we will discuss what is Intraday trading, stop loss, examples of stop loss, how to choose which stocks to trade on, what is technical analysis, intraday final verdict, etc.
Intraday or day trading, as the name suggests is when you buy and sell shares of a company on the same day. Intraday trading gives you a chance to make quick profits. This is the opposite of investing, where you hold stocks for a longer period,
Many stockbrokers also give/borrow money to customers for intraday trading. Example Upstox gives you 5 times more money than you have for intra days. However, that means 5 times profits or 5 times loss if the stock plummets. This is where stop-loss comes into play.
A stop-loss is something that most traders use to put a pre limit on losses before trading. For example, if a trader buys 1 share at 1000 rupees and puts a stop loss of 5%. The share will be automatically sold as it goes down to 950 rupees. So, the loss would be contained at a predetermined price.
Technical analysis is used for choosing stocks to invest in intraday trading.
In this, you analyze a company based on its recent performance like profit margins, stock trades on the previous day, latest ventures and deals, etc.
One should go for Intraday if they have the appetite to take risks and digest losses.
So, Trading or Investing? What would you choose? Tell us in the comments below.
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