How do I choose stocks for intraday trading? Back to list

Member SinceJul 08, 2021

Posts 673

Wilburn

Aug 02, 2022 a 02:31
Today, intraday trading is one of the most popular trading practices to ensure an alternate source of income for beginners. However, as I have mentioned many times, it is not always profitable since it involves a higher risk factor.

There could be some time when you make money and some time when you lose money. My recommendation is to start intraday trading once you have enough technical knowledge and experience, but not until then.

Choosing your stock for day trading is the most important part of trading and day trading. Here are some tips for selecting stocks:

For day trading, choose stocks that are less volatile & liquid. Choosing high volatile stocks for intraday trading can easily trigger your stop-loss and result in a loss. It is possible to make faster profits with some stocks because they have good volumes & more liquidity.

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