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Questions | Answers | Discussions | Knowledge sharing | Communities & more.
What are the things to know about share market in India for new investors?
Call & Trade is an offline mode of trading wherein you can use your registered phone number to call the broker and place your order. While other brokers usually charge for Call & Trade services, for m.Stock customers, this service is absolutely free.
Call & Trade is an offline mode of trading wherein you can use your registered phone number to call the broker and place your order. While other brokers usually charge for Call & Trade services, for m.Stock customers, this service is absolutely free.
See lessWhat are some of the top basic day trading tips for beginners?
A trading platform is essentially software that allows you to place buy and sell orders for numerous kinds of investment instruments entirely over the internet. Generally, these platforms also provide real-time updates, performance charts and helpful reading material. Through these platforms, investRead more
A trading platform is essentially software that allows you to place buy and sell orders for numerous kinds of investment instruments entirely over the internet. Generally, these platforms also provide real-time updates, performance charts and helpful reading material. Through these platforms, investors have access to a range of markets such as stocks, currencies, futures and options, etc.
See lessCan I trust the free intraday trading tips on social media websites and television?
There are many advantages of online trading. To begin with, it allows you to buy or sell shares, stocks and other securities without being present at the stock exchange. This saves you a lot of time and also allows you a great deal of flexibility as you can make trades from anywhere in the world. FuRead more
There are many advantages of online trading. To begin with, it allows you to buy or sell shares, stocks and other securities without being present at the stock exchange. This saves you a lot of time and also allows you a great deal of flexibility as you can make trades from anywhere in the world. Further, with online trading, you no longer have to worry about the loss, theft or damage of physical share certificates as online trading enables you to store your share certificates digitally in your DEMAT account.
See lessWhat are the few things to know in day trading?
Online trading refers to buying and selling company shares listed on a stock exchange to book a profit. This trading of shares can also be done over the internet, using online trading platforms. Through these online platforms, one can buy or sell shares, stocks, bonds, equities, mutual funds and othRead more
Online trading refers to buying and selling company shares listed on a stock exchange to book a profit. This trading of shares can also be done over the internet, using online trading platforms. Through these online platforms, one can buy or sell shares, stocks, bonds, equities, mutual funds and other securities without being present at the stock exchange. New investors are recommended to research a good beginners guide for online trading or similar literature on the internet before commencing their investment journey.
See lessWhat is intraday trading?
Online trading is the act of buying and selling of stocks, shares and other securities over the internet! It involves opening a DEMAT and trading account wherein the former allows you to store your securities in the digital or dematerialised format, and the latter allows you to place your trade ordeRead more
Online trading is the act of buying and selling of stocks, shares and other securities over the internet! It involves opening a DEMAT and trading account wherein the former allows you to store your securities in the digital or dematerialised format, and the latter allows you to place your trade orders – buy, sell, and hold. You can conduct trades online from any place at any time.
See lessIn 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.
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 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?
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