Must know tips for intraday trading for beginners
During Intraday trading,traders pay keen attention to same-day price fluctuations using real-time charts to benefit from short-term price movements. It allows the user to buy and sell the same company’s stocks on the same day before the market closes.
What is Intraday trading?
Intraday trading means buying and selling stocks the same day before the market closes. Also known as day trading, it allows traders to grab profits from fluctuating price movements throughout the day.
To become a day trader, the person has to buy stocks of a company and specifically mention ‘intraday’ when using online trading platforms. This allows the user to buy and sell the same company’s stocks on the same day before the market closes. The securities mostly traded in intraday trading include stocks and ETFs (Exchange Traded Funds). It is significant to short-term or day traders who make multiple trades over a single trading session.