Golden Rules of intraday Trading

Golden Rules of intraday Trading

Create a trading plan before you go trading live.

Do not employ full capital in 1 trade. Use only 25% capital.

Do not employ full capital in 1 trade. Use only 25% capital.

Always use a stop loss

Always use a stop loss

Set a target and book profits accordingly

Set a target and book profits accordingly

Avoid overtrading if your SL is hitting continuously

Don’t trade against the market trend.

Don’t trade against the market trend.

Maintain a good risk-reward ratio.

Maintain a good risk-reward ratio.

Do your own analysis and don’t trade on others’ tips.

Do your own analysis and don’t trade on others’ tips.

Don’t trade on margins or take loans. Lose what you can afford.

Write a trading journal.

Write a trading journal.

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