Intraday Trading for beginners in details – Share market 2024

Introduction:

Aaj hum Intraday Trading for beginners ke baare mein baat karenge. Intraday trading ek trading strategy hai jisme hum ek din ke andar hi stocks ko kharidte aur bechte hain. Isme traders same day mein multiple trades karte hain aur short-term profits earn karte hain.

Hum intraday trading mein kaise profits earn kar sakte hain, is par discuss karenge. Main aapko kuch intraday trading strategies aur tips bhi bataunga, jo aapko trading ke dauran madad karegi.

Iske alawa, hum day trading ke advantages aur disadvantages bhi discuss karenge, taki aapko samajh aa sake, To bane rahiye hamare sath.

What is Intraday Trading for beginners ?

Bhai, Intraday Trading for beginners ka funda yeh hai ki hum stock market mein ek din mein hi khel khatam kar dete hain. Samjha, jab hum subah stock khareedte hain aur uska daam badh jaata hai, tab hum use bech dete hain aur profit le lete hain.

Yeh ek short-term game hai, matlab hum stocks ko thoda samay ke liye hold karte hain, kuch ghanton ya kuch minutes ke liye. Aur is samay mein hum market ke fluctuations ka faayda uthate hain.

Indian stock market mein Intraday trading ka time 9:15 AM se lekar 3:30 PM tak hota hai. Aur is time mein hum multiple trades kar sakte hain, matlab kuch alag-alag stocks ko kharidte aur bechte rehte hain.

Fayde toh hain, kyunki same day mein profit milta hai, aur leverage ka bhi fayda hota hai, matlab hum kam paiso mein bade amount ka trading kar sakte hain. Lekin risk bhi hai, kyunki market kaafi volatile hoti hai aur kabhi-kabhi sudden fluctuations se loss bhi ho sakta hai.

Overall, yeh ek fast-paced aur risky game hai, jismein short-term profits earn karne ka mauka milta hai. Lekin is game mein daakhil hone se pehle zaroori hai ki aap research achhe se kar lein aur market ke trends aur risks ko samajh lein.

Advantages of Intraday Trading

Bhai, Intraday trading kaafi advantages provide karta hai, yeh dekh beginners Intraday Trading kaise kar sakte hai:

1. Quick Profits: Intraday trading mein aapko same day mein profits milte hain. Stock ko kharidte hi bechne par aapko profit milta hai.
2. Leverage: Ismein aap leverage ka fayda utha sakte hain, matlab aap kam paiso mein bada trading kar sakte hain. Leverage se aapke returns bhi badh jaate hain.
3. Low Overnight Risk: Intraday trading mein aapko stocks ko hold nahi karna hota, isliye aapko overnight risk nahi hota. Agar market kisi bhi direction mein badalta hai, toh aapko uska koi asar nahi padta.
4. Market Fluctuations Se Fayda: Intraday traders market ke upar niche ke movements ka fayda utha sakte hain. Jab market volatile hoti hai, tab traders achha profit kama sakte hain.
5. No Delivery Hassles: Delivery aur settlement process se bachte hue, aapko sirf intraday ke liye stocks kharidna aur bechna hota hai.
6. High Liquidity: Intraday trading mein stocks ki high liquidity hoti hai, matlab aap kisi bhi waqt apne stocks ko buy ya sell kar sakte hain.
7. Flexible Strategy: Aap apni trading strategy ko flexible rakh sakte hain. Jaise, aap kuch hi ghanton mein multiple trades kar sakte hain aur apne risk ko control kar sakte hain.

Intraday trading mein yeh fayde hote hain, lekin yaad rakho ki har trading strategy ke saath risk bhi hota hai. Isliye, zaroori hai ki aap thorough research karein aur apne trades ko manage karne ke liye disciplined rahein.

Disadvantages of Intraday Trading

Bhai, Intraday trading ke saath kuch disadvantages bhi hote hain, dekh:

1. High Risk: Intraday trading kaafi risky hota hai. Kyunki aap same day mein multiple trades karte hain, ismein market ke fluctuations ka jyada asar hota hai. Ek chhoti si galati se bada nuksan ho sakta hai.
2. Stressful: Intraday trading kaafi stressful ho sakta hai. Market ke quick movements ko track karna aur split-second decisions lena mushkil ho sakta hai, jo traders ko mental stress de sakta hai.
3. No Guaranteed Profits: Intraday trading mein profits ke koi guarantee nahi hoti. Market ke volatility ke karan, kabhi kabhi expected profits nahi milte, aur traders ko loss bhi ho sakta hai.
4. High Brokerage Charges: Intraday trading mein brokerage charges high hote hain. Har trade par brokerage dena padta hai, jo long-term investment ke mukable mein zyada ho sakta hai aur profits ko kha sakta hai.
5. Margin Calls: Agar aap margin trading use karte hain, toh aapko margin calls se deal karna pad sakta hai. Margin calls ka matlab hota hai ki agar aapke account mein required margin nahi hota, toh broker aapse additional funds maang sakta hai ya phir aapke positions ko close kar sakta hai.
6. Overtrading: Intraday trading mein overtrading ka khatra hota hai. Jyada trades karne ki koshish mein, traders apne risk ko badha sakte hain aur ultimately loss mein bhi ja sakte hain.
7. No Time for Fundamental Analysis: Intraday trading mein traders ko stocks ko jyada time ke liye hold nahi karna hota, isliye fundamental analysis karne ka time nahi hota. Isse traders ko company ke fundamentals ko ignore karna pad sakta hai.

Intraday trading mein yeh challenges hote hain, lekin experienced traders apne strategies ko optimize karke inka samna karte hain. Lekin beginners ke liye yeh challenges kaafi daunting ho sakte hain. Isliye, trading shuru karne se pehle thorough research karna aur risk management ka dhyan rakhna bahut zaroori hai.

Top 6 Mistakes on Intraday Trading

Bhai, Intraday trading mein kuch common mistakes hoti hain, jinse traders ko loss ho sakta hai. Yahaan top 6 mistakes hain, dekh:

1. Overtrading: Sabse bada mistake hota hai overtrading karna. Kuch traders jyada excitement mein aakar bahut saare trades karte hain, jisse unka risk badh jaata hai. Overtrading se aap apne capital ko jaldi khatam kar sakte hain.
2. Lack of Planning: Bina proper plan ke trading karna bhi ek badi galti hai. Agar aapne trade ke liye entry aur exit points nahi decide kiye hain, toh aap trading ke dauran confuse ho sakte hain aur galat decisions le sakte hain.
3. Ignoring Stop Loss: Stop loss ka ignore karna bhi ek bahut badi galti hai. Stop loss aapko loss ko control karne mein madad karta hai, lekin kuch traders ise ignore kar dete hain aur phir bade loss mein aa jaate hain.
4. Chasing Tips: Kuch traders tips ya rumors ke peeche bhaagte hain aur unpar bharosa karte hain. Lekin yeh tips hamesha reliable nahi hoti aur aapko loss mein daal sakti hain. Isliye apni research par vishwas karein.
5. Emotional Trading: Emotions ke saath trading karna bhi ek badi galti hai. Jab market mein volatility badh jaati hai, tab traders apne emotions ko control nahi kar paate hain aur galat decisions le lete hain.
6. Overleveraging: Margin trading mein overleveraging karna bhi ek badi galti hai. Zyada leverage ka istemal karne se aapko profits toh mil sakte hain, lekin losses bhi zyada ho sakte hain. Isliye leverage ka samajhdari se istemal karein.

Intraday trading mein yeh mistakes aam hoti hain, lekin experienced traders inhe avoid karte hain aur apni trading performance ko improve karte hain. Isliye, beginners ko in mistakes se bachkar apne trading plan ko discipline ke saath follow karna chahiye.

5 Things to do in Intraday Trading

Bhai, Intraday trading mein safalta paane ke liye kuch important cheezein hain, dekh:

1. Plan Your Trades: Sabse pehle, apne trades ko plan karein. Entry aur exit points ko advance mein decide karein. Yeh aapko trade ke liye clear direction dega aur impulsive decisions se bachayega.
2. Follow Risk Management: Risk management ko follow karein. Har trade ke liye stop loss aur target set karein. Stop loss aapko loss se bachata hai aur target aapko profits lock karne mein madad karta hai.
3. Research and Analysis: Pehle acchi tarah se research karein aur market analysis karein. Companies ki performance, market trends aur news ko track karein. Isse aapko trading ke liye better insights milenge.
4. Practice Patience: Sabar rakhein. Market mein patience rakhna bahut zaroori hai. Kabhi-kabhi market mein opportunities thode der ke liye bhi aati hain, isliye jaldi decision na lein.
5. Learn Continuously: Trading mein hamesha seekhte rahein. Naye strategies aur techniques ko explore karein. Apni trading skills ko improve karne ke liye learning ko prioritize karein.

Intraday trading mein yeh cheezein aapko safalta ki disha mein madad karenge. Discipline ke saath trading karein aur apne trades par control maintain karein.

how to find intraday Strategy

Intraday trading strategy dhoondne ke liye kuch steps hain, dekh:

1. Apni Personality Ko Samjhein: Sabse pehle, apni trading personality ko samjhein. Kya aapko fast-paced trading pasand hai ya phir slow and steady approach? Apni strengths aur weaknesses ko jaan kar strategy choose karein.
2. Market Analysis: Market analysis karein. Stocks ke past performance ko analyze karein aur market trends ko dekhein. Kya stocks mein volatility hai ya phir stable hain?
3. Technical Analysis: Technical indicators ka istemal karein. Moving averages, RSI, MACD jaise indicators ko use karke entry aur exit points identify karein.
4. Chart Patterns: Chart patterns ko samjhein. Jaise ki head and shoulders, double tops and bottoms, aur flags. In patterns ko dekh kar aapko potential entry aur exit points mil sakte hain.
5. Scalping ya Swing Trading: Decide karein ki aap scalping karna chahte hain ya phir swing trading. Scalping mein chhoti time frame aur chhoti-profit targets hote hain, jabki swing trading mein thoda lamba time frame aur bade targets hote hain.
6. Backtesting: Apni strategy ko backtest karein. Past market data ka use karke apni strategy ko test karein aur dekhein ki woh kaise perform karti hai.
7. Demo Trading: Apni strategy ko demo trading mein test karein. Real market conditions ke under apni strategy ko implement karein aur dekhein ki woh kaise perform karti hai.
8. Risk Management: Apni risk management strategy ko finalize karein. Stop loss aur target levels ko set karein, aur apne trades ke liye risk ko manage karein.
9. Learning Aur Adaptation: Hamesha seekhte rahein aur apni strategy ko improve karte rahein. Market ke changes ke according apni strategy ko adapt karte rahein.

Intraday trading strategy dhoondne mein patience aur dedication ki zaroorat hoti hai. Thorough research aur testing ke baad hi ek effective strategy ko develop kiya ja sakta hai.

Advantages of Strategy

Strategy ka istemal karne ke kai fayde hote hain intraday trading mein:

1. Structure and Discipline: Strategy ka istemal karke trading ko structured banaya ja sakta hai. Ek achhi strategy traders ko discipline maintain karne mein madad karta hai aur impulsive decisions se bachata hai.
2. Clear Entry and Exit Points: Strategy ke saath aapko clear entry aur exit points milte hain. Yeh aapko trade ke liye specific levels provide karta hai, jisse aapko trade karne ka aur stop loss lagane ka clear idea milta hai.
3. Risk Management: Strategy traders ko risk management karne mein madad karta hai. Stop loss aur target levels ko set karke aap apne trades ke risk ko control kar sakte hain.
4. Consistent Performance: Ek acchi strategy ke saath aapko consistent performance mil sakta hai. Agar aapki strategy well-tested aur reliable hai, toh aap usse consistent profits earn kar sakte hain.
5. Emotion Control: Strategy ke saath trading karne se traders apne emotions ko control kar sakte hain. Jab aapko predefined rules aur parameters follow karne hote hain, tab aapko trading ke dauran emotions par kam control karna padta hai.
6. Adaptability: Strategy ke saath aap market ke changes aur fluctuations ko better handle kar sakte hain. Agar market mein koi unexpected movement hoti hai, toh aapki strategy aapko quickly adapt karne mein madad karegi.
7. Backtesting Aur Optimization: Strategy ko backtest karke aur optimize karke aap usse aur bhi effective bana sakte hain. Past market data ka use karke aap apni strategy ko refine kar sakte hain aur usmein improvements la sakte hain.

Overall, strategy ka istemal karke traders apne trading approach ko aur bhi systematic aur consistent bana sakte hain, jisse unko market mein acchi performance mil sakti hai.

10 Questions you must ask before using any Strategy

Strategy choose karne se pehle, yeh 10 sawal zaroor puchein:

1. What is the Strategy’s Track Record? Strategy ka past performance kya raha hai? Kya woh consistently profits generate kar rahi hai ya phir losses?
2. What is the Risk-Reward Ratio? Strategy mein risk aur reward ka ratio kya hai? Kitna risk lena padega har trade ke liye aur kitna profit expect kiya ja sakta hai?
3. Is the Strategy Backtested? Kya strategy ko backtest kiya gaya hai? Past market data ka use karke strategy ka performance kaisa raha hai?
4. What Type of Market Conditions Does it Work Best In? Strategy kis tarah ke market conditions mein kaam karti hai? Volatile markets mein bhi effective hai ya phir sirf stable markets mein?
5. What are the Entry and Exit Rules? Strategy mein entry aur exit rules kya hai? Kaise pata chalega ki kis point par entry lena hai aur kis point par exit karna hai?
6. How Much Time Does it Require Daily? Strategy ko implement karne ke liye kitna time chahiye hoga daily? Kya yeh strategy full-time traders ke liye suitable hai ya part-time traders ke liye bhi?
7. Does it Fit My Trading Personality? Kya yeh strategy meri trading personality ke saath match karti hai? Kya main strategy ko comfortable tarike se follow kar sakta hoon?
8. How Does it Handle Losses? Strategy losses ko kaise handle karti hai? Kya woh stop loss aur risk management ko importance deti hai?
9. Are There Any Additional Costs or Requirements? Kya strategy ko implement karne ke liye koi additional costs ya requirements hai? Jaise specific software ya data feeds.
10. Can I Test it Before Using Real Money? Kya main strategy ko real money se pehle test kar sakta hoon? Kya demo trading ya paper trading ka option hai?

In sawalon ke jawab milne ke baad hi ek strategy ko choose karna chahiye. Har ek trader ka trading style alag hota hai, isliye strategy ko apne needs aur preferences ke according select karein.

5 Ways not to make Money in intraday

Intraday trading mein paisa kamane ke 5 tareeke:

1. Overtrading: Bahut saare trades karne se bachein. Jyada trades se aap apna paisa barbaad kar sakte hain. Hamesha quality over quantity rakhein.
2. Chasing Tips: Tips ya rumors ke peeche na bhaagein. Market mein kisi ki bhi advice blindly follow na karein. Khud ki research aur analysis par vishwas karein.
3. No Stop Loss: Stop loss ka ignore na karein. Stop loss aapko loss se bachata hai. Agar aapne stop loss set nahi kiya, toh aap bade loss mein bhi ja sakte hain.
4. Emotional Trading: Emotions ke saath trading na karein. Market mein gusse, greed ya fear se trading na karein. Discipline aur patience maintain karein.
5. Lack of Planning: Bina planning ke trading na karein. Entry aur exit points ko advance mein plan karein. Strategy ke bina trading karna bahut risky hota hai.

Conclusion

Intraday trading aur day trading ek fast-paced aur volatile trading approach hai, jo traders ko short-term mein profits earn karne ka mauka deta hai. Lekin ismein paisa banane ke liye, traders ko kuch zaroori cheezein dhyan mein rakhni chahiye.

Intraday trading ke liye beginners ko pehle basic concepts aur techniques samajhna chahiye. Ek solid trading plan aur strategy banayein, jo aapko market ke fluctuations aur risks se deal karne mein madad kare.

Technical analysis ka istemal karein, jismein chart patterns, indicators, aur price movements ko analyze kiya jata hai. Isse aapko entry aur exit points ka pata chalega.

Stop loss ka istemal karein, taki aap loss ko control kar sakein. Emotional trading se bachein aur trading decisions ko logic aur analysis ke basis par lein.

Day trading mein jyada se jyada practice aur learning zaroori hai. Demo trading ya paper trading ka istemal karein, jisse aap apni strategy ko test kar sakein.

Intraday trading mein paisa kamana mushkil ho sakta hai, lekin sahi tarike se planning aur discipline ke saath, aap consistent profits earn kar sakte hain. Agar aap technical analysis aur risk management ko acche se samajh lete hain, toh aap online paisa kama sakte hain day trading ke through.