10 Incredible Intraday Trading Strategies

10 Incredible Intraday Trading Strategies

Intraday trading is very fascinating for beginners as well as experienced traders. It offers huge opportunities to earn profits from a single trading session. However, intraday trading is not a cakewalk and also involves an enormous amount of risk if you don’t follow the right trading strategies. Therefore, it would not be wrong to say that risk management must be an important part of intraday trading. If the risk management is not good in intraday trading, you will end up making huge losses and in some cases eroding your entire capital. So you must apply various intraday trading strategies that can give your profits on a consistent basis.

Intraday trading is very different from making an investment. In intraday trading, you purchase securities for short term i.e. for the same day. Whereas in investment, you can hold the securities for as long as you want. Since intraday trading involves squaring off the transaction on the same day, the strategies for it are quite different from that of investment. This article will help you in learning some of the day trading strategies that will not only manage your risks but also help you in earning higher returns.

Day Trading Strategies

  • Support and Resistance Role Reversal

In the stock market, supply and demand play the main role in determining stock price. Support and Resistance are two limits in a stock price. Support is the price below which the stock does not fall most of the times and resistance is the price above which the stock hardly moves. With support and resistance role reversal strategy you can know the market trend of the stock. If the stock price goes above resistance zone and keeps increasing, this means that stock is in an uptrend. Likewise, if the stock price breaks the support price and …

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Money Sure Ain’t What it Used to Be – Inflation!

“A thousand bucks today sure ain’t what it used to be!”

Now, I know I’ve heard that one said countless times. My grandmother should have made some kind of that statement (commonly substituting different dollar values) maybe even ten thousand times.

I think I get the point. What my dear grandmother was wanting to convey was that inflation had significantly changed the need for the U.S. dollar. What could be purchased with one thousand dollars today is a lot below what might have been purchased with this amount of money some in the past.

You know, there will be something else that I always noticed when my grandmother makes those statements. She always spoke these words having a reminiscent, mildly sad flavor.

I consistently attempted to be respectful of my grandmother’s feelings and views. Therefore, I would constantly console her and illustrate that I understood how hard that really must be to view such a negative alteration of the value of the dollar you grew up using every day! I mean, it is perfectly normal for being emotional if you see that irreplaceable U.S. dollar plummet in value, right?

A Thousand Bucks Ain’t What It Was Previously

Maybe, but maybe not, I believe, I was thinking, lucky thing for me that a thousand bucks ain’t what it was previously!

Now, why on the planet would I be happy hearing that the value of the U.S. dollar is decreasing? I live inside the U.S., I work within the U.S., so, the U.S. dollar is a vital thing to my survival. Why was I significantly less sad to see that value of the $ 1000 go thus far down?

Inflation

You may have guessed it chances are, I was already in financial trouble and had been for decades. I was thinking INFLATION, …

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Car Finance – Not Getting Involved in the Politics

Car Finance - Not Getting Involved in the Politics

Some car companies have revealed that they are launching their own scrappage schemes for consumers, separate from the Government scheme which has boosted car sales significantly.

The scheme increased consumer confidence and also gave consumers a boost when it came to car finance, in times where obtaining credit to get products has been increasingly difficult.

The Government’s scrappage scheme, where cars that were 10 years old or older could be traded in for a £2,000 discount of a new car, is estimated to end in October. It is feared that there could be a backlog of consumers who are let down by the scheme as funding for the scheme runs out. The Government is not believed to be planning to re-invest into the scheme once their provisional budget of £300m runs out.

However, it has been revealed that some companies have been launching their own scrappage schemes which will go beyond the Government scheme’s shelf-life of October. Even better, some of these schemes have been revealed to have been offering better deals than the Government-backed scheme that put car sales in momentum.

A fine example of this is Mitsubishi Motors, who recently announced that they were launching a scrappage scheme separately. The company’s financial arm recently confirmed that they had freed up £100m for the scheme which has been gradually gaining interest amongst consumers.

The scheme is open to cars which are between five and ten years old, which can be exchanged for a new car with a discount. In addition, the dealership revealed that they were also offering financial support to consumers with a variety of interest rates and deposits.

The company revealed that over one-fifth of queries for a new car were coming through the scheme, with that number rising. A spokesperson clarified the scheme offered by Mitsubishi, …

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Finance and Business Benefits For a Limited Partner

You might want to invest in a business but do not want to deal with the daily business management that comes along with owning a company. You might want to consider investing in a company as a limited partner. In this way the general partner will deal with the daily running of the company and you do not have to, while you will enjoy the benefits of the profits.

Explanation of a Limited Partnership

A limited partnership is when somebody provides the capitol that a business needs but has limited control. The amount of control the limited partner has is decided upon either by a contract or the limited partnerships general rules. They can’t be held liable personally for any transaction that take place within the business. They also can’t lose any personal property by law if the corporation needs funds.

The limited partner usually gets to vote at different types of business meetings, and also has the right to vote a general partner out if the majority votes to as well. Even if the partnerships general partners change the limited partnership stays. Usually all profits are divided equally between all partners unless stipulated otherwise. All losses or profits must be reported on their tax returns, whether its a personal or company return. Limited partnerships are non tax entities, so before the income reaches the limited partner it is only taxed one time.

Limited Partnership Could be the Right Choice for You

When dealing in finance and business this could be a right choice for you if you want the convenience of not dealing with the daily running of a company and still have an income coming in with your investment.

If you have a partner that wants to go into business but that does not want the responsibilities of …

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Forex Trading Insights for a Beginner

The debate surrounding the goings-on of the forex trading is raging on. Previously, forex trading only happened when people were traveling out of the country. That is when they would exchange their country’s currency with that of the country to which they are going. As such, they have to grapple with the currency exchange rate.

Forex Trading Insights for a Beginner

Nowadays, forex trading has become normalcy and is a type of investment into which people are venturing. It is easy for traders to speculate on the fluctuating currency values between two nations. Forex trading is also done for profit as well as sport.

Starting Forex Trading as a beginner

Forex trading may seem as easy at face value, but most beginners have to contend with a high rate of failure. Most of these traders walk away counting losses; with some of them feeling like forex, trading is a fraud. For your information, it is not a scam; you only have to be an insider to understand it. For beginners, you should try to survive long enough to understand how it works. By then, you will be an insider with the knowledge of how to navigate forex trading.

Using Forex trade leveraging

Many new traders use leveraging to trade on the market with more money than they have. If you are new and you jump in using leverage, you have to be ready for the consequences. Even though it is a good idea that can earn you good money, it has a higher risk level. Many traders think they can take it, but actually, they do not, and that is where they make mistakes.

How it works

Currency exchange rate refers to the rate at which one currency can buy or exchange for another and is quoted in pairs, for example, EURO/USD. Economic factors like inflation, …

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