Welcome to Answerclub.org
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
In intraday trading, which indicator is considered the best?
Intraday trading is a high-pressure activity where time is of the essence, and you need all the help you can get. Technical tools offer a variety of benefits and help traders make informed decisions. There are several useful intraday trading indicators used by traders to understand market trends andRead more
Intraday trading is a high-pressure activity where time is of the essence, and you need all the help you can get. Technical tools offer a variety of benefits and help traders make informed decisions. There are several useful intraday trading indicators used by traders to understand market trends and movements, the momentum and degree of volatility, the and the potential to profit from them. It is difficult to pinpoint any one as the best intraday indicator. However, here are some of the most popular ones:
Daily Moving Averages (DMA)
See lessMomentum Oscillators
Relative Strength Index (RSI)
Bollinger Bands
To be a successful intraday trader, you should read up on these tools and learn to use them effectively.
How to pick the right stocks for intraday trading?
Knowing how to pick the best stocks for intraday trading increases your chance of success and making regular profits. However, this is easier than done. Picking the best stocks for intraday trading requires careful analysis and consideration of various factors. Here are some steps you can follow toRead more
Knowing how to pick the best stocks for intraday trading increases your chance of success and making regular profits. However, this is easier than done. Picking the best stocks for intraday trading requires careful analysis and consideration of various factors. Here are some steps you can follow to identify potential stocks to trade in intraday:
Conduct thorough research and analysis of the stock market. Stay updated with the latest financial news, company announcements, and industry trends using reliable sources.
See lessImplement technical analysis to study stock price patterns, trends, and indicators. Use charts, moving averages, oscillators, and other technical tools to identify potential entry and exit points.
Focus on highly liquid stocks that are actively traded with high trading volumes and tight bid-ask spreads. Higher liquidity ensures that you can easily enter and exit positions without significant price impact.
Identify stocks that exhibit regular price fluctuations and avoid stocks that are too stable or lack sufficient volatility to generate price movements and profit opportunities.
It is also essential to consider the fundamental aspects of a company such as earnings reports, financial ratios, and management quality, to gauge the stock’s overall health and potential.
Remember, stock market trading involves risks, and there is no guaranteed formula for success. It is crucial to develop a trading plan, maintain discipline, and continuously refine your approach based on market conditions and personal experience. Consider consulting with your broker or a financial advisor before making any investment decisions.
Who should participate in intraday trading?
Intraday trading requires business acumen, knowledge of the stock market and economic factors, ability to use technical and fundamental analytical tools, patience, and a high-risk tolerance. If you have or can develop these skills, then you can participate in intraday trading. Beginners are advisedRead more
Intraday trading requires business acumen, knowledge of the stock market and economic factors, ability to use technical and fundamental analytical tools, patience, and a high-risk tolerance. If you have or can develop these skills, then you can participate in intraday trading. Beginners are advised to refrain from intraday trading participation right away. They should first practice on demo portals, learn how to use the tools, and start with a small capital pool before gradually increasing the funds.
See lessWhat are the rules and guidelines for intraday trading?
The Indian stock exchanges open at 09:15 AM and close at 15:30 PM. Since the daily window is so small, timing your trades is a vital part of successful intraday trading. There is no fixed best time frame for intraday trading. As an intraday trader, you need to continuously monitor the market movemenRead more
The Indian stock exchanges open at 09:15 AM and close at 15:30 PM. Since the daily window is so small, timing your trades is a vital part of successful intraday trading.
There is no fixed best time frame for intraday trading. As an intraday trader, you need to continuously monitor the market movements to make the right moves. However, there are certain times that can be considered the best time for intraday trading. This is when the markets usually show an upswing. Many traders consider the windows of 9:30 AM to 11:00 AM or 13:00 PM to 14:30 PM as the best time for intraday trading. Do note, this is not a rule but just an observation. You should carefully consider the movements of the stock you’re monitoring and trade as per your strategy irrespective of the time of the day.
See lessHow much profits can I make with intraday trading?
It will be difficult to quantify the maximum profit in intraday trading that you can make before you start trading. While day trading profits can be quite lucrative, the losses can get amplified as well, if the market doesn’t move as per your expectations. Many people make thousands of rupees as intRead more
It will be difficult to quantify the maximum profit in intraday trading that you can make before you start trading. While day trading profits can be quite lucrative, the losses can get amplified as well, if the market doesn’t move as per your expectations. Many people make thousands of rupees as intraday profits, some are reported to make lakhs even. You, too, can make profits in intraday trading if you make large volume calls, (the higher the margin, the more profits you can earn), have a high-risk appetite, and have the necessary experience and expertise in using the tools for technical analysis of stocks.
Before starting day trading, you must clearly define your strategy, thoroughly research the stocks you wish to trade in, and regularly monitor their movements. Risk management plays a critical role here. Using features such as Stop Loss orders, you can reduce your losses to avoid them from cutting away into your overall day trading profit.
See lessWhat are the tax implications on the profits earned from intraday trading?
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of 'Profits and Gains from Business and Profession'. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intRead more
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of ‘Profits and Gains from Business and Profession’. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intraday trading there is no ownership and all positions are squared off.
For filing the returns for taxation on intraday trading, you will need to fill the form ITR-3; based on the tax regime that you choose (old vs new) and the tax slab you fall under in the regime opted for. Based on your earnings, if it is estimated that your payable tax (for the financial year) is above Rs.10,000, then you will be required to pay advance tax on the dates specified by the Income Tax Department which is usually the middle of the last month of each quarter of the year.
See lessHow much profits can I make with intraday trading?
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of 'Profits and Gains from Business and Profession'. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intRead more
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of ‘Profits and Gains from Business and Profession’. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intraday trading there is no ownership and all positions are squared off.
For filing the returns for taxation on intraday trading, you will need to fill the form ITR-3; based on the tax regime that you choose (old vs new) and the tax slab you fall under in the regime opted for. Based on your earnings, if it is estimated that your payable tax (for the financial year) is above Rs.10,000, then you will be required to pay advance tax on the dates specified by the Income Tax Department which is usually the middle of the last month of each quarter of the year.
See lessHow much profits can I make with intraday trading?
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of 'Profits and Gains from Business and Profession'. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intRead more
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of ‘Profits and Gains from Business and Profession’. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intraday trading there is no ownership and all positions are squared off.
For filing the returns for taxation on intraday trading, you will need to fill the form ITR-3; based on the tax regime that you choose (old vs new) and the tax slab you fall under in the regime opted for. Based on your earnings, if it is estimated that your payable tax (for the financial year) is above Rs.10,000, then you will be required to pay advance tax on the dates specified by the Income Tax Department which is usually the middle of the last month of each quarter of the year.
See lessHow much profits can I make with intraday trading?
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of 'Profits and Gains from Business and Profession'. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intRead more
The profits earned from intraday trading are deemed speculative business income. Therefore, intraday trading profit is taxable under the income head of ‘Profits and Gains from Business and Profession’. Had you taken delivery of the securities, the Capital Gains Tax would have been levied, but in intraday trading there is no ownership and all positions are squared off.
For filing the returns for taxation on intraday trading, you will need to fill the form ITR-3; based on the tax regime that you choose (old vs new) and the tax slab you fall under in the regime opted for. Based on your earnings, if it is estimated that your payable tax (for the financial year) is above Rs.10,000, then you will be required to pay advance tax on the dates specified by the Income Tax Department which is usually the middle of the last month of each quarter of the year.
See lessWhat is the most profitable time of the day for intraday trading?
It will be difficult to quantify the maximum profit in intraday trading that you can make before you start trading. While day trading profits can be quite lucrative, the losses can get amplified as well, if the market doesn’t move as per your expectations. Many people make thousands of rupees as intRead more
It will be difficult to quantify the maximum profit in intraday trading that you can make before you start trading. While day trading profits can be quite lucrative, the losses can get amplified as well, if the market doesn’t move as per your expectations. Many people make thousands of rupees as intraday profits, some are reported to make lakhs even. You, too, can make profits in intraday trading if you make large volume calls, (the higher the margin, the more profits you can earn), have a high-risk appetite, and have the necessary experience and expertise in using the tools for technical analysis of stocks.
Before starting day trading, you must clearly define your strategy, thoroughly research the stocks you wish to trade in, and regularly monitor their movements. Risk management plays a critical role here. Using features such as Stop Loss orders, you can reduce your losses to avoid them from cutting away into your overall day trading profit.
See less