What are the six principles of smart intraday trading?

Published : 3 May 2023

Select a specific investment amount each time you decide to trade.

1. Frame A Limit On Your Investments 

You can protect yourself from unexpected price changes by setting a trigger price for selling.

2. Stop loss 

Only select two or three trades per day after doing some research.

3. Limit trades 

Follow daily stock market news and look for trends throughout the day.

4. Go with trend 

Particularly when it comes to trading in commodities, rumours spread quickly. Keep a close eye on news developments.

5. Validate Facts 

When purchasing a stock, decide on a minimum profit line. Sell the shares as soon as this minimum amount is reached, even if it appears that the stock is still rising.

6. Book profit