Top 10 Intraday trading myth in stock market

Top 10 Intraday trading myth in stock market

In this blog, we will discuss the myth of Intraday trading. We will share the reality of intraday trading myths.

 Myth 1

1. You have to trade daily.
2. Don't follow this Myth It can lead you to heavy loss if you trade daily. You should trade only when your reliable trading system gives you signals. Others don't trade on that day.
3. If you force yourself to trade daily you will lose huge money.
4. Don't Break the rules of the trading system in the hurry of trade daily.
5. If you are tired don't trade on that day.

 Myth 2

1. Penny stocks are best for intraday trading.
2. Don't follow this myth because penny stock is highly volatile 
3. After calculating your risk-taking abilities choose your stocks.

 Myth 3

1. You cannot become rich from intraday trading.
2. Most of the big investors do intraday they earn money from intraday and buy stocks.

 Myth 4

1. You cannot become rich from intraday trading.
2. Most of the big investors do intraday they earn money from intraday and buy stocks for the future.

Myth 5

1. You can do part-time trading
2. It is not possible because of high volatility your presence on each event should be very important. You can lose your entire capital in a single trade if your trade is against the news.  

Myth 6

1. You can earn from the stock market when you buy the stocks.
2. The reality is you can earn when they buy and when you sell the stock.

Myth 7

1. You can make huge money by buying stocks.
2. Reality is you make money by selling stocks.

Myth 8

1. Intraday trading is best for earning money fast.
2. Reality there are different approach like intraday,swing and scalping trading use different technique according to your style 

How to calculate implied volatility for nifty options?

Learn the basics of implied volatility?

Option chain implied volatility and options greeks calculation excel sheet download