InvestorQ : Can you tell me some ways on how to make profit in intraday trading?
prachi Patwardhan made post

Can you tell me some ways on how to make profit in intraday trading?

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Ria Roy answered.
3 years ago
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When it comes to intraday trading, the process matters more than the quest for profits. If you get the risk management right, the stock selection right and the execution right then intraday profits will automatically follow as a logical corollary. Don’t chase profits because it is more a logical corollary of your discipline and process. Intraday trading profits are more about the process
When investing, the focus is on identifying underpriced stocks with a margin of safety. Intraday trading is a different ball game altogether. You have five hours at your disposal or perhaps less than that. You cannot be profitable in every trade but you need to ensure that you’re right more often than you are wrong. With stock and trade selection, there is only so much of profits that you can achieve. The key issue in intraday trading is managing your risk. Most intraday traders lose money because they do not manage their risks effectively. Manage your risk effectively in terms of exposure, macros, and losses.
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