Intraday Trading Tips
Intraday trading functions as a hazardous trading method that requires stock purchases and sales to happen within a single trading day. Lekin naye traders aksar kuch aisi galtiyan karte hain jo unhe bade nuksan tak le ja sakti hain. Agar aap bhi intraday trading kar rahe hain ya shuru karne ka soch rahe hain, toh in common mistakes se bachna zaroori hai.
1. Bina Plan Ke Trading Karna
Kai naye traders bina kisi strategy ke sirf market ke trend ko dekh kar trade karne lagte hain. Yeh ek badi galti hai! Every trading plan needs to have a solid foundation which defines entry points and exit strategies and stop-loss allocations.
Solution:
* Pehle market ka analysis karein.
* We should establish a set risk-reward ratio.
* Set both stop-loss and target price values.
2. Stop-Loss Na Lagana
When you set stop-loss it indicates that you are unconcerned about market fluctuations. Agar trade aapke against chala gaya, toh aapko bada nuksan ho sakta hai.
Solution:
* Establish stop-loss orders at all times to prevent significant loss occurrence.
* We need to adjust stop-loss levels based on market volatility.
3. Greed aur Fear Ke Shikar Hona
Most beginner traders lose themselves to greed and fear. When profits come the traders remain inside due to greed rather than exiting the market because they want to earn more profits. Wahin agar loss ho raha ho toh fear ki wajah se trade hold karte hain, jo aur bhi zyada loss de sakta hai.
Solution:
* Apne emotions ko control karein.
* You should conduct disciplined trading according to your strategy.
* It is important to book profits throughout the trading period.
4. One Trade Should Become Your Only Capital Investment Opportunity
If you invest all your money in one trade then its failure will eliminate any possibility for recovery.
Solution:
* Risk management strategy follow karein.
* Invest 2-5% of your capital in a single trade at the most.
* Multiple trades me diversify karein.
5. Trust Should Be Honored Despite Market News And Rumors
Market frequently experiences rumors which mislead traders into making wrong directional choices. Putting trust in news reports available on Sirf news or WhatsApp tips may prove to be a significant trading mistake.
Solution:
* Khud ka technical aur fundamental analysis karein.
* Trusting only reliable authentic news sources should be your practice.
6. Overtrading Karna
Kai traders believe that maximum profit will result from doing as many trades as possible. Lekin ye galat soch hai! Companies face elevated brokerage fees when overtrading occurs and encounter elevated risks of losses.
Solution:
* Only trade those financial instruments that stand as the best option according to your strategy.
* We should determine the amount of trades each day before starting.
7. Technical Analysis Na Karna
Traders in intraday sessions function without technical analysis much like driving a vehicle without steering control. You will not know which direction your trading takes you through.
Solution:
* Use candlestick patterns and support-resistance along with moving averages indicators.
* The analysis of entry and exit points should be conducted.
Conclusion
The success in intraday trading requires precise discipline together with an established trading strategy. Bina soche-samjhe trade lene se bacha jaye aur risk management ka sahi tarika apnaya jaye, toh aap nuksan se bachkar consistent profit kama sakte hain.
