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Is intraday trading profitable?

Pulak Priyesh
30/03/2017 0 0

Yes definitely !!
Intraday trading - The most exciting and competitive way of approaching into Stock Market for making profits.

Many here will have a contradiction over my statements and they will say like Intraday trading or stock market trading is just not good and you will end up making losses.
Yes guys I do agree with you on this point. Only few around 5% Trader’s are able to sustain in this market and became successful. But, why can’t you be in one of that 5%

Jesse livermore | Jim rogers | Paul tudor jones | WD gann

Some of the famous name who have proved trading as a business and they have made millions & billions doing this.

Jesse livermore

Jim rogers

Paul Tudor jones

And many others who have shut down the mouth of millions who says like “ Trading is like gambling ;

Now from my point of view Intraday trading is really profitable if you approach it as a business and the things you need to have ;

DISCIPLINE

DEDICATION

DEVOTION

It needs a great mind set and the other things you have to develop in you is the ability to take quick decisions, ability to observe market movements closely, Discipline over risk reward strategy and the technical approach and strategy you are keeping for day trading.

First learn Technical Analysis

You will get to know the price actions and the technical indicators which is going to help you in trading.

Be like a sniper

Keep observing few stocks find earning opportunity take trade hit target make profit and again sit back relax.

If you are not able to adopt all the above skills day trading this will be a cons for you.

Still a long way to go for completing this answer but let me wrap up this now only there is no end of writing over this topic and trading.

Finally… I am a day trader and am enjoying my life as a trader.

Have some specific doubts regarding this feel free to ask.

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