Rules for intraday trading

Rules for Intraday Trading

Intraday trading involves buying and selling stocks within the same trading day. It requires discipline, quick decision-making, and a proper strategy. Following these rules will help minimize risks and maximize potential profits.

1. Set Stop Loss: Always decide your stop loss before entering a trade to limit potential losses.
2. Trade with a Plan: Have a clear entry and exit strategy before placing orders.
3. Avoid Overtrading: Do not place too many trades; focus on quality, not quantity.
4. Follow Market Trends: Trade in the direction of the trend instead of going against it.
5. Time Management: Close all positions before the market closes to avoid overnight risks.
6. Capital Protection: Never risk more than 2–3% of your trading capital in a single trade.
7. Stay Informed: Track news, market events, and company updates that may impact stock movements.

Remember, intraday trading is not about gambling, but about calculated moves with discipline and patience.