Simply put, trading intradia or intraday trading is when you buy or sell (or vice versa) transaction in a single day. Either you invest in buying or selling on the opening of the day and sell or buy before the end of the trading day. Whatever be the case, you will get immediate returns on your choice of investments.
Spanish day trading strategy is becoming a major hit with people from all walks of life. Especially the bankers and investors, who play by the trade rule although, but somehow speculations are yet involved in the trade. There are several companies and websites firms that are doing this very trading business. They trade on behalf of the invested fund for their clients. Each day’s trading is squared off, and profits/losses are divided proportionally among each investor.
How does the intraday trading works?
You must have heard from friends and colleges about how much they are earning in day trade, but never had the courage to do it yourself, given the risk it involves. Well, all I can say is that you have only contained yourself for so long. You could have easily earned more each day. The intraday trading is not very easy, and I agree. But you need to understand there are several agencies that do the work for you. All you need to do in invest and wait till the end of the day to know the results.
Such trading and investing agencies have qualified and experienced traders at their discretion. They have the adequate market knowledge and trading skills to allow your investments reap higher rewards. These trading agents will trade on your behalf with your invested funds in buying or selling of stocks. You shall be provided with a day sheet that will contain the details of your investment, the opening balance, where it is invested, how much stock were purchased or sold from it, and the closing balance at the end of each trading day.
How to get started?
All you need is to register with a trusted intraday trading website online, or you can reach out to their office if it’s near you. They will guide you through the process. You can also fill up a registration form online and create your account. You have to link this account with your DEMAT account as well. This will ensure that your funds are directly credited to your DEMAT account. You don’t have to pay any registration fees. Registration is free. But you are charged a minimal amount of commission for each transaction made on your behalf. This commission goes to the company for their services, and no additional service charge is levied.
High transparency is maintained to gain the trust of hundreds of investors who are now enjoying the benefits of the returns they are getting through intraday trading. There are several trading websites that deal in intraday trading. But you must be cautious. There are some fake agencies that might end up running with your investments. It is better if you join any such company through trusted sources like family or friend. These agencies invite members who are allowed to trade or chose to undertake their trading service with a little commission.