How to earn 2 lakh daily in F&O intraday trading

"Learn effective strategies to earn 2 lakh daily through intraday trading on our website"

Earning 2 lakh daily in intraday trading is a highly ambitious goal & it is not easily achievable, still it is not impossible. Today, we will give some hidden tips to our website viewers to achieve their goal.

To earn 2 lakh daily in intraday trading, the amount required would depend on various factors such as the strategy used, risk appetite, and market conditions. Intraday trading involves buying and selling stocks within the same day to profit from short-term price movements.

You should have at least 4 lakh to 5 lakh if you want to earn 2 lakh profit daily in intraday FNO trading.

Important Tips for Intraday traders:

Always, try to trade in small lots in FNO trading and book profit on every rise.

• Do not be greedy in intraday trading.
• Always follow the strict stop losses.
• Open account with broking firm having low brokerage charges.
• Do not trade in Small price FNO stocks
• Don’t buy Low premium Options
• Don’t buy or sell options having impossible targets.

 Average Returns from intraday trading can vary significantly, ranging from Rs. 100 to Rs. 10,000 or even Rs. 20,000 in a day.

To earn consistently in intraday trading, one needs expertise, a solid strategy, and the ability to monitor the market closely. It's important to note that not all traders are profitable, with studies suggesting that 95% of Indian traders lose money in the markets. Additionally, taxation on intraday trading profits is a crucial aspect to consider when calculating net earnings.

It’s essential to approach such high targets with caution due to the inherent risks involved in trading and the volatile nature of the stock market.

  Intraday trading involves buying and selling stocks within the same day to profit from price fluctuations. To earn such high amounts consistently, traders need substantial capital, expertise, and a disciplined approach. 

 

What are the best strategies for intraday trading?

Here are some of the best strategies for intraday trading:

Momentum Trading Strategy:

 This strategy involves tracking stocks before significant market trend changes and making quick decisions based on news reports that can impact stock prices

Breakout Trading Strategy:

Identify stocks that break out of their usual trading range and enter long positions if prices rise above a threshold point or short positions if prices fall below it.

Moving Average Crossover Strategy:

 This strategy involves observing when stock prices cross moving averages to determine uptrends (buy) or downtrends (sell).

Gap and Go Trading Strategy:

 This strategy focuses on stocks with no pre-market volume, aiming to capitalize on price gaps at market open

Reversal Trading Strategy:

A more advanced strategy where traders go against the trend based on analysis and calculations, making investments that snap back for profits.

It's important to remember that intraday trading carries inherent risks due to market volatility. Successful intraday trading requires a thorough understanding of these strategies, disciplined execution, risk management, and continuous learning. Traders should also consider back testing their strategies to assess performance before implementing them in live trading scenarios.

How to analyze stock charts for intraday trading?

Choose right Types of Charts:

Different types of charts, such as line charts, candlestick charts, bar charts, and tick charts, provide insights into price movements at various intervals like 5-minute or 15-minute intervals

Understand Chart Patterns:

Understanding chart patterns like head and shoulders or cup and handle can help predict future price movements and identify entry or exit points.

Understand the Technical Indicators:

Using technical indicators like moving averages and Relative Strength Index (RSI) aids in analyzing market conditions and predicting price movements.

Support and Resistance Levels:

Identifying support and resistance levels on stock charts helps in determining strategic entry and exit points based on potential price bounces or breakouts.

Volume Analysis:

 Monitoring trading volumes on stock charts is crucial as it reflects market activity and liquidity, essential for making trading decisions

News Sensitivity:

Trading news-sensitive stocks can offer intraday opportunities as these stocks react strongly to market news, but caution is advised due to potential volatility

Understand Market Trends:

Following market trends can guide stock selection for intraday trading, helping traders align their strategies with broader market dynamics

In conclusion, analyzing stock charts for intraday trading involves a combination of technical analysis, chart patterns, volume analysis, and staying informed about market trends and news sensitivity. By utilizing these tools effectively, traders can make informed decisions and improve their chances of success in intraday trading.

 

How to choose the right stocks for intraday trading?

To choose the right stocks for intraday trading, consider the following key points from the search results:

Liquidity and Volume: Opt for liquid stocks with high trading volume to ensure ease of buying and selling without significantly affecting prices

Check the Volatility:

Look for stocks with medium to high volatility as price movements are essential for making profits in intraday trading

Understand the Correlation:

Invest in stocks that are correlated with their sector or index group to capitalize on market trends

News Sensitivity:

Consider trading news-sensitive stocks that react strongly to market news for potential intraday opportunities.

Technical Analysis:

 Use tools like trendlines, chart patterns, and moving averages to identify potential trades based on price movements.

Transparency and Derivatives Segment:

Choose transparent companies with a presence in the derivatives market for better analysis and decision-making.

Entry and Exit Strategies:

 Develop specific entry and exit strategies based on intraday trading signals to enhance your chances of success.

Limit Stock Universe:

Focus on a limited number of stocks to track them effectively in terms of fundamentals, technicals, and news flows.

Remember, successful intraday trading requires a disciplined approach, continuous learning, and a realistic mindset regarding risks and rewards. It's crucial to conduct thorough research, follow market trends, and apply sound strategies while selecting stocks for intraday trading.

Analyzing stock charts for intraday trading involves studying price movements over time to make informed decisions.

 

How to become successful intraday trader in the Stock market?

Intraday trading can offer opportunities for profit, but it also involves risks and challenges.

Successful intraday trading requires careful decision-making, patience, and skill in analyzing market trends.

 It's essential to trade in shares with high volume, set fixed entry and exit points, limit your risks, and follow market trends.

While some traders may achieve significant gains in the stock market, it's crucial to approach trading with caution and realistic expectations.

1. Focus on Education and Risk Management:

Learn the fundamentals: Before risking any money, understand the basics of stocks, the stock market, and different trading strategies. This includes learning about technical and fundamental analysis, risk management techniques, and the psychology of trading.

Develop a trading plan:

Create a well-defined trading plan outlining your entry and exit points, risk management strategies (including stop-loss orders), and capital allocation.

Start small and gradually increase capital:

 Start with a small amount of capital you can afford to lose and gradually increase it as you gain experience and confidence.

2. Be Realistic and Manage Expectations:

Understand the risks of stock market:

 Intraday trading is a high-risk activity with a high probability of losses. Be prepared to lose money and don't chase unrealistic returns.

Focus on consistent profits in intraday trading:

Aim for consistent, sustainable profits over time, even if they are smaller than 2 lakh per day.

Don't chase losses in the intraday trading:

Never chase losses by risking more capital to recover previous losses. This can lead to a snowball effect and significant financial damage.

3. Seek Professional Guidance:

Consider a financial advisor: Consult a qualified financial advisor who can help you develop a sound investment strategy based on your risk tolerance and financial goals.

Explore educational resources:

Numerous resources like online courses, books, and webinars can help you learn about trading and develop your skills.

Remember, the stock market is not a get-rich-quick scheme. Building a successful trading career requires time, dedication, education, and realistic expectations. It's crucial to prioritize learning, risk management, and responsible trading practices over chasing unrealistic daily returns.

In conclusion, earning 2 lakh daily through intraday trading is a complex endeavor that demands expertise, risk management, and a thorough understanding of market dynamics. It's important to approach trading with a disciplined strategy and be prepared for both profits and losses.

Follow the above tips in your intraday trading you will surely see the change.