Intraday Trading Basics
What intraday means
Intraday trading refers to opening and closing a position during the same trading day. It differs from holding a position across sessions. Broker product rules, order handling and closing requirements must be checked directly with the broker.
Price data needs context
A daily indicator summarises daily observations and should not be mistaken for a live intraday signal. Check the chart interval and timestamp. A dashboard refresh does not itself prove that the underlying market data is live.
Understand costs and execution
Review brokerage, applicable charges, spreads and the possibility that an order fills at a different price from the one observed. Frequent trading can make these differences significant. Check the actual terms before placing an order.
A learning exercise
Observe a session without placing trades. Record a hypothetical decision, the information available at that moment and the later outcome. Include estimated costs and adverse price movements. A few favourable examples do not establish a reliable strategy.
Further reading
SEBI: understanding investment risks
Explore the NSE stocks directory | Read the RSI guide
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