Saturday, 8 April 2023

Which Type Of Trading is Best for Beginners In India ? 

IntraDay Trading : What is Intraday Trading?

As the name suggests, intraday trading is a type of trading that allows you to buy and sell stocks (or assets) on the same day. i.e. In the same trading session. Trading here is not intended to hold or maintain a position over the next day or weeks. The main goal of intraday trading is to make a quick profit and exit the position as soon as possible. In addition, asset holding times can vary from minutes to  hours. Additionally, intraday trading is typically for high-beta stocks, i.e.stocks with high daily price volatility. There is no way for an intraday trader to make a profit on the stock if the price does not move at all throughout his day. 

What is a Day Trader ?

There are proven theories on the market. “The more time you spend in the market, the more rewards you get.” Intraday trading is generally done by traders who are very active participants in the market. So they monitor the market every second.  One thing to keep in mind when trading intraday is to avoid  being  too greedy when trading intraday. Having strict profit targets and stop loss levels can go a long way in choosing the right trades for intraday trading. A stop loss is an advance order to sell a stock when the stock price reaches a certain price. Therefore, it helps automate the sales process in different market scenarios. 

Intraday Trading Rules Of Thumb For Beginners

Here are some of the best rules for day trading beginners to follow in order to maximize profits and limit losses. For intraday trading, always choose liquid stocks that are easy to enter and exit. Think about your entry and exit points before entering a trade. Always place a stop loss on your trades as your position can move away and incur a large loss. In intraday trading, it's important to have a trading mindset, not an investor mindset. Markets may offer multiple trading opportunities, so you should be prepared to trade multiple times on the same company or index. Always trade in the direction of the market. Remember: "Trends are your friend."Mean reversion trading is generally not a good strategy for intraday trading. 

What products can be traded during the day ?

You can do intraday trading on almost any stock traded on the exchange. You can also trade indices. In addition, intraday trading is conducted not only for spot trading, but also for derivative trading (futures and options).  The derivatives segment contributes significantly to the intraday trading market. Also, margin requirements for trading intraday futures contracts are relatively smaller than for delivery contracts. 

Tuesday, 28 March 2023

The Top 3 CryptoCurrency in 2023

 Cryptocurrencies have been making waves in the financial world for years. As more investors get involved, there are more cryptocurrencies to choose from.For those willing to take risks, new cryptocurrencies offer exciting opportunities with potentially huge rewards.

However, it is important to understand that these investments can be risky ventures. Many missed the chance to invest in Bitcoin when the price was relatively low. It started at around $0.008 per coin in 2009. Other tokens are also rising stratospherically - Ethereum hit a high of over $3,000 in 2021 after starting with just a penny each just two years ago - and that's how investment in new coins makes it very attractive. New cryptocurrencies are less established than older cryptocurrencies such as Bitcoin and Litecoin. They may not yet have strong support or widespread adoption. This means that it may not ultimately achieve the same level of success as these more popular coins. also means Market volatility can cause prices to move rapidly without notice, which can result in significant potential losses.

DigiToads(TOADS)

DigiToads is the freshest new meme coin at the crypto market, imparting customers a dependable and worthwhile manner to put money into cryptocurrency. Its specific capabilities which include NFT staking, P2E gaming and opposition rewards make it certainly considered one among a type withinside the industry. Not handiest does it provide long time ability for massive profits however additionally gives holders residual passive profits returns which are properly really well worth making an investment in. The group in the back of DigiToads have pledged to donate 2.5% of income to green charities and help sustainable initiatives, making them a super addition to any portfolio with sturdy environmental credentials. They have additionally carried out a web3 gaming platform which permits TOADS holders to collect one-of-a-type DigiToads even as competing withinside the swamp area for rewards on the quit of each season – making sure there`s continually some thing a laugh occurring inside their network ecosystem! At present, early adopters can take gain of extraordinarily worthwhile presale bonuses with staggered bonuses all through every section earlier than release that means traders should count on 10x returns on their funding after they purchase at some stage in this period – plus expenses are anticipated to upward thrust even similarly into the future!  

Those who determine to stake their NTFs will gain from ordinary payouts – allowing them get right of entry to even extra profits streams thru introduced incentives which include buying and selling competitions too! Thanks to its goal to end up the most important meme coin round coupled with its modern capabilities, smooth accessibility and excessive increase ability; Digitoads is ready be certainly considered one among maximum a hit tasks ever visible via way of means of crypto world – so making an investment now will be simply what you want if you`re seeking out massive wins with out a lot attempt involved ! 

FightOut (FGHT)

 Fight Out ($FGHT) is an upcoming cryptocurrency project aiming to revolutionize the play-to-earn (P2E) space with a training-to-earn model. Users of this ecosystem can earn rewards for achieving fitness goals through apps that support a variety of training routines and personalize plans based on a user's fitness and preferences. So far, the platform has raised over 5.5 million USDT from investors who are looking to get early into one of his highest ICO cryptos of the year. The Fight Out app allows users to create avatars that represent their physical prowess, participate in player vs. player competitions, participate in his MMA fantasies within the Metaverse, or enter "coach mode". You can also participate. You can also customize your avatar by purchasing his NFTs such as accessories, hairstyles and tattoos. Additionally, around Q3 2023, Fight Out will launch gyms and clubs in the real world, offering rewards such as REPS tokens for participating in activities such as workouts and challenges. FGHT tokens are currently on sale at a pre-sale price of just $0.03090 per token, making him one of the best penny cryptos to surge in 2023. The price increase will continue every 7 days until it reaches $0.0333 before listing on the exchange on April 5, 2023. Buy/stake up to 50,000 amounts every $/0.36 month and get bonuses up to 67%!

Tamadoge (TAMA)


Tamadoge's pre-sale was a success, bringing in over $19 million in revenue in two months. This success was only reinforced by the digital token TAMA, currently available on many popular cryptocurrency exchanges and growing over 1000%. The core concept behind Tamadoge is a metaverse gaming platform that allows players to raise a virtual pet represented as her NFT. Additionally, you can use these pets to compete with other players for points. At the end of each month, those who accumulate the most points will be rewarded with TAMA tokens that can be used for further purchases and in-game upgrades. In addition to this exciting concept, Tamadoge boasts his impressive collection of 21,000 NFTs and is currently setting up its own arcade. All signs point to continued expansion through 2023! For this reason, it could prove to be one of the best cryptos to invest in in the coming year.