Table of Contents
What is the best strategy for intraday trading?
Ans. News based trading is the best strategy for intraday trading. For the latest News on Stock Market, you can visit Money control or Bloomberg Websites. #2. What is the easiest day trading strategy? Ans. Early Morning Range Breakout and Volume is the easiest day trading strategy.
What is a candlestick chart and how does it work?
Candlestick charts are a technical tool that packs data for multiple time frames into single price bars. This makes them more useful than traditional open-high, low-close bars or simple lines that connect the dots of closing prices. Candlesticks build patterns that predict price direction once completed.
What are candlestick patterns in technical trading?
Candlestick patterns, which are technical trading tools, have been used for centuries to predict price direction. There are various candlestick patterns used to determine price direction and momentum, including three line strike, two black gapping, three black crows, evening star, and abandoned baby.
Do you need a brokerage account to invest in candlesticks?
Putting the insights gained from looking at candlestick patterns to use and investing in an asset based on them would require a brokerage account. To save some research time, Investopedia has put together a list of the best online brokers so you can find the right broker for your investment needs.
What is the average return of intraday trading in India?
A real professional intraday trader will aim for 10\% return per month. In our case, it comes down to Rs.500 per month. Sometimes it will be even lower than that.I know my answer is disappointing. The only reason you are asking about intraday trading is that someone told you, you can make 1000s every day with small investment.
How to make Rs 1000 a day by investing in stocks?
You can buy stocks worth Rs. 50,000 with your Rs. 10,000 ‘margin money’ if your stockbroker is providing you 5x leverage (read more about leverage in the next section). The more capital you invest, the easier it will be to make Rs. 1000 daily. Ideally, you should start with a capital of Rs. 50,000 for this return.
How much profit can I make by investing 20000 rupees in stocks?
You will make a profit of Rs. 2,000 within a single day with your investment of Rs. 20,000. However, if you had traded with INR 50,000 you would be able to buy 50000*5/250= 1000 shares. In this case, even a 2 rupees movement in the stock will be enough to earn a net profit of Rs. 2000.
https://www.youtube.com/watch?v=sCr9p3rLU_8