In this article, let’s know thekey secrets to make intraday trading to make it a full-time job – trading for living. The million dollar question asked by many traders is, can intraday trading a full-time job?
The key secrets to make intraday trading a full-time job are as follows:
- Know Thyself – Always know is it suitable for you before jumping into trading. know which instrument/s suits you better.
- know Capital requirement – Analyze how much capital you need for intraday trading.
- Understanding risk – understanding leverage is key and how much risk you can take based on your capital have to become a successful intraday trader.
- know tricks of the trade – Know what you know, learn technical analysis before jumping into intraday trading is must.
- Build a trading plan – A right process driven trading plan is key to make intraday trading a full-time job.
- Goal setting & execution – Set your goals and execute it accordingly.
Thus, these are few of the important intraday trading tips to make it a full-time job. Therefore, before jumping into intraday trading one needs to know the foot steps to kick start and become a successful intraday trader.
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