Intraday
trading has been the popular style of trading that is used by most traders. Because intraday trading helps traders to make quick money in the stock market. But to get profitable trades regularly you need to understand the perfect
entry-level for intraday trading.
In
this blog, you will find the perfect entry signal by some indicators and
discipline.
- Momentum Trading:
In
this type of trading style, traders enter into a trade with an ongoing trend.
i.e., if a stock price is a rise with volume then you can jump in rising and
get exit when volume starts exhausting.
You
can use this trading style but for this, you have to get time to time update
about which are the top gainers and losers of the day in the first hour of
trading. This method works best in the first and last hour of the market. In
between volume start to exhaust, so that you may not be able to get momentum
trade.
- Opening Range Breakouts:
It
is one of the popular intraday trading method which gives perfect entry signal
for the stock. Every Stock makes a high and low point in first 15 min. do, after
15 minute of market opening; you can get high and low point of every stock.
As per this trading method you can go for buy
trade when the price reaches above the high and go for short when price reaches
the low point. For this method you can
use the 15 minute candlestick charts. This method also works well with
different best intraday trading indicators like RSI, MACD etc. As per your trading style you can
figure it out.
Before
use any trading method, practice and learn first.
