Intraday Trading Solution

Intraday Trading Solution Using Spider Software

This video is all about the favourite, curious trading method of all the traders which is called day trading or intraday trading. Intraday trading is the trading transaction of buying and selling a financial product within a day or even multiple times during a day. The intraday strategy is based on technical analysis so viewers require to have basic knowledge of technical analysis tools. In this strategy we are using zerodha trading terminal to place buy and sell orders and using spider software to get entry and exit signals through a specific technical parameter conditions. Zerodha is a No.1 Discount Brokerage Firm in India and provides smooth service to their retail traders like superior technology based trading terminal, margin money as per SEBI rules and regulations. To Open Zerodha Trading Account, use the link button provided on the website www.tradingfab.in and get free membership of our Premium Intraday Telegram Channels for equity/cash trading, Future and Options trading.


Intraday Trading solution with Minimum Capital

We have tried to focus on intraday trading strategy in this video. The video may help new Traders, beginners who have some doubts, questions like how to select stocks for intraday trading, how to find entry and exit levels in intraday trading, how to use small capital in intraday trading. Intraday trading is all about making the right decision at the right time of quick entry and quick exit with proper risk management. For Intraday trading, traders can do trading with small capital by using leverage money provided by brokers as per SEBI rules. So we have tried to show some intraday trading techniques in this video as per our best of knowledge. 


Stock/Share Market Trading

Share Market Trading is a business of buying and selling securities as per market conditions with maintaining the ratio of small losses and big profits. Proper Planning, discipline and consistency is a real key of success in stock market trading whether you are doing intraday trading, swing trading or positional trading.

 

Mechanism of Stock market

First step towards earning money in the stock market is to understand the stock market process/procedure. You have to place an order to buy and sell the shares. Once you place the order with a broker or can place it by using an online trading system, the message goes to the exchanges as per your script selection. Then the order will be in the queue of exchanges’s other orders and will be executed if the order is triggered to the price placed by you. Once getting confirmation of the shares purchased, it will be sent to your demat account. The demat account is a place where your shares are stored safely in electronic format. 

 

Is the demat account must ?

As per the SEBI (the Securities and Exchange Board of India) rules and regulations, it is compulsory to have demat account to trade shares in Indian stock market. So a demat account is must for trading / investing in the stock market.

 

How to open a Demat and trading account ?

You can directly open a demat account with a Depository Participant. Some of the banks are also DP participants, you can open a demat account with them. It is better to open a demat and trading account with a broker so that your trading transactions get smooth while doing online trading. You can also contact us to open a demat and trading account with the following brokers. You can get our premium intraday trading membership if you open demat and trading account with us by using below registration links :

 

>>ZERODHA REGISTRATION WITH US :-

https://zerodha.com/open-account?c=ZMPQOI

Referral Id :- ZMPQOI

 

>>UPSTOX REGISTRATION WITH US (Zero Charges for Account opening) 

http://upstox.com/open-account/?f=MERW

UCC Code :- 232525

 

>>5PAISA  REGISTRATION WITH US (Zero Charges for Account opening) 

https://www.5paisa.com/landing/partners-elite?rcode=NTI3MTQ1NjI

Referral Id :- SAME027

 

>>ANGEL BROKING  REGISTRATION WITH US (Zero Charges for Account opening) 

https://online.angelbroking.com/Diykyc/SubbrokerLead?SbTag=QVNETkQ=

Referral Id :- ASDND

 

There are very nominal charges to open demat and trading accounts. Most of the discount brokers offer free of cost account opening. Brokers charge an annual fee for demat account maintenance charges. It may differ to each broker. You need the following documents to open a demat and trading account online.

  1. Your PAN card
  2. Your Aadhaar (you can open your account via the offline route if you don’t want to use your Aadhaar details)
  3. To complete the e-Sign process, you will have to authenticate it with an OTP. So, make sure you have the mobile number linked to your Aadhaar handy. If not, you will not be able to complete the process. If the number linked to your Aadhaar is inactive, or if you don’t have any number linked, then you can visit your nearest Aadhaar Seva Kendra to get it updated.
  4. Cancelled cheque/Bank statement to link your bank account – If your cheque is not personalized then the bank statement you upload should have both the IFSC and MICR code printed on it. If not then your application will be rejected.
  5. A photo or scanned copy of your signature proof will be required to be uploaded.
  6. Income proof – It is mandatory to submit income proof if you wish to trade in Futures and options – Equity, Commodity, and Currency. You can submit any one of the below documents:
  1. Form-16
  2. Income Tax Return Acknowledgment
  3. 6-month Bank statement
  4. Latest salary slip
  5. Demat holding statement, or
  6. Networth certificate from a CA

 

Stock Exchanges in India

There are 3 main exchanges in India namely NSE (National Stock Exchange), BSE (Bombay Stock Exchange), MCX (Multi Commodity Exchange). You can do Buying and selling of shares in NSE and BSE. In MCX, you can do futures trading of more than 40 commodities like Silver, Gold, Platinum, and Copper, Energy – Crude oil, Natural gas, Gasoline, and Heating oil.

 

Index of Share Market

A stock index or stock market index is a calculated price based on a particular group of shares in the stock market. Index works as an indicator to show the directions of the entire market. 

There are mainly 3 indices which most of the traders used to trade namely Sensex, Nifty and Banknifty. Sensex consists of a group of 30 shares of BSE and Nifty consist of a group of 50 shares of NSE. Bank Nifty consists of the 12 most liquid and large capitalised stocks from the banking sector of NSE.

 

Stock Market Trader and Investor

Traders do buying and selling of shares, indices, commodities based on technical analysis study or with the market flow/trend for a very short time period like from a single day to a couple of days. Investors buy shares based on fundamental studies or market scenarios for a long time frame like a few months or years.

We are going to talk about intraday trading in the stock market. There are few important things understood to become a successful trader. Traders mostly do intraday trade based on technical analysis so it is better to trade on what we see in the price chart of the stock instead of what we think. Patience is the key to success in the stock market. A successful trader waits for a good trading opportunity and then pulls the trigger.

Features of Profitable Intraday Traders

  1. Does not trade just for excitement
  2. Does the daily homework necessary to improve their trading skills
  3. Understands the importance of risk management
  4. Train continuously
  5. Identify a signal or market opportunity
  6. Feel good whether he wins or losses
  7. Accept to take a loss
  8. Makes Trading goals
  9. Put stop loss and trailing stop loss