Stock Market Advice for Intraday Traders


  • Trade or invest because you love it. Don’t do it as a form of entertainment.
  • Never invest on impulse, emotion, or hope. Have a plan.
  • Never invest more than you can afford to lose.
  • Make your trading decisions away from the outside noise and ignore conventional wisdom. Learn to be a confident minority; when most people agree, they are generally wrong.
  • Don’t be impressed by hot money. Traders who ramp up big returns quickly, mostly fall big!.Always belive you will win and reward yourself for doing so.
  • Analyse your losses to ensure that you are following your rules and methodology.
  • Always take breaks from the market to reflect.
  • If a position doesn’t look as good as the day you put it on, close it out
  • Buy when markets are in the grip of panic
  • Invest in companies with proven management.
  • Only buy fundamentally strong stocks, which are undervalued.
  • Invest a fixed amount each day and each stock.

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