How to Choose Stocks for Intraday Trading

CapitalVia

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Choosing Stocks for Intraday Trading is always a tough task but if you are a trader and want to choose the stocks yourself then there are a few tips from my side -

Always trade stocks which have high volume. Avoid trading in unpredictable stocks which can suffer drastic changes. These are generally low volume stocks for small companies. Trade with a good co-relation i.e. just keep studying as to what changes come in the price of a stocks when a press release is being made, or a board meeting takes place, or due to quarterly results, or some government announcements etc. Always try to move with the trend i.e. buy stocks when market is bullish and sell them when market is bearish. This will work majority of the times. Last but not the least do a good research of your own before diving to buy or sell.
 
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