Top 5 Factors To Consider When You Pick stocks for intraday trading.
What are the features of stock when choosing stock for intraday trading in the stock market?
First of all, we discuss what is intraday trading?
Intraday trading is the buying and selling of stocks from the time the stock market opens at 9:15 a.m. to 3:20 pm.
Intraday trading is done by buying and selling shares within a day. But in this, the timing of the opening and closing of the stock market matters a lot.
As the market starts at 9:15 am, you may buy the shares of a publicly-traded company after the market opens.
The stock market will close at 3:30 in the afternoon and the sale of the shares at the date of the trade, at 3:20 p.m, prior to the closing time on the exchange.
Even if you don’t sell the shares, the shares will be sold at the closing price on your account within a day of trading.
In order to participate in intraday trading, you need to set up your own account, because you will not be able to trade on the stock exchange without any trading account.
How to choose intraday trading stocks.
The bottom line of any strategy used to choose intraday stocks is to keep the capital safe and control the risk.
There are thousands of stocks being traded in the market, and to an untrained eye this may all be too much, however, an experienced trader knows how to do proper research and choose the intraday stock that suits his trading. Be thorough in plans and strategies.
There are many programs and tools that can help a trader choose the stocks in various ways during the day, but the trader must use the list option on the stock, according to his own personal style.
Top 5 Factors To Consider choose intraday trading stocks.
There should be more buyers & sellers in the stock so that you can buy and sell the stock at any point.
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Thanks for sharing