InvestorQ : I have just opened my trading account with a broker and plan to do intraday trading. I am told there is a lot of money in intraday trading. Give me some advice on how to go about as a beginner into intraday trading?
Nisha Chandani made post

I have just opened my trading account with a broker and plan to do intraday trading. I am told there is a lot of money in intraday trading. Give me some advice on how to go about as a beginner into intraday trading?

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Niraja Mehta answered.
3 years ago
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If someone told you that Intraday trading is a ticket to a gold mine then they are wrong. There is nothing like that. It has its own risks and its own rewards. As a beginner into intraday trading, you need to be doubly careful that you pull up your act properly. Here is a quick guide for beginners like you into intraday trading. Intraday trading is a method of leveraged trading in the market, where you buy and sell the same position intraday. There is no delivery in intraday trading. Don’t look for tips and quick fix money making ideas in intraday trading. Focus on discipline and risk management. Rest will follow automatically.
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