Follow these tips for daily earning, Earn a lot of money, - TechstudiZ

 

There are usually two ways to make money from the stock market. One is the investment that is made for a long period (at least 3 months). The second is intravenous. Intraday, you buy and sell shares every day. This is the way you can make money every day from the stock market. Experts suggest that investors should always look for mid-high volatile stocks. These stocks have the potential for intra-day volatility and potential returns. Particularly for intraday trading, high liquidity stocks should be the focus. Although intraday trading there is a lot of risk, but by following some tips you can avoid losses. Here are some tips to make money intraday trading.

• Momentum Trading Strategy -

Momentum trading is trading with the market fluctuations. In momentum trading, when the market is bullish, traders buy and then sell the same stock when the market falls. Traders can take the help of news, announcements etc to select stocks for momentum trading.

• Reverse trading strategy -

As the name suggests, a reverse trading strategy gives you a clear indication of when the current trend is going to reverse.  It gives a lot of traders the opportunity to make money out of that situation. You can strategise through various indicators like MACD and RSI for better results.  Also, you can also see some candlestick patterns.

• Breakout trading strategy -

Breakout trading strategy involves trading beyond a specified limit (support or resistance). This means that if in the bull market, the share price breaks its resistance level, it brings a long (buying) opportunity for traders.

• Candlestick pattern - 

The candlestick pattern is a financial technical analysis that shows the information of the daily value movement that is graphically shown on the candlestick chart.

• Gap and Go Trading Strategy -

This strategy works very well for those looking for short-selling. When prices of a particular stock are opening at a higher level than the previous day, it is the gap up, and if lower, the gap down. This usually happens when some news comes in the market and affects the share price.

• Use of stop loss -

Unstable stocks move to some extent, so it is important to use stoplosses. Stoplosses are used to reduce your risk. This is a price that you set while buying and when the current market price reaches here, the order is complete. For instance, you bought a stock at Rs 80 and thought you would sell it at Rs 90. But the stock could fall. So, you put a Rs 70 stamp on the Rs 80 stock. At this stage, it will automatically sell. It is important to limit your losses. Even if the stock falls below this, you will only have a fixed loss.