Is intraday trading no more as lucrative as before?

Is it true that intraday trading is not as attractive as it used to be earlier coz of numerous other lucrative alternatives ? How good is venturing into intraday trading now in general, though it depends on individuals ?

As long as you have market moving intraday, there will always be money making opportunities. It is as lucrative as it always has been.

But yes, intraday trading is a zero sum game, and the competition is getting stiffer. So unless you have an edge over others in terms of skills, strategy, money management, brokerage, technology or anything else, it is quite tough to make money trading intraday. At best only 10% of the crowd makes money trading intraday consistently.

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Day Trading is a risky and challenging pursuit: buying stocks and selling them again in the same day, making money off tiny fluctuations in the price of a stock over a few-hour period is not a easy job. Market makes moves in fraction of seconds and we need to act very fact to be successful at trading.

And we can act fast only when we have all the information about a stock, there are 100's of stocks out there for trading. How do we decide which one we should choose for the day to perform successful day trading?

Based on extensive quantitative research on Indian financial markets, an algorithm has been developed to provide better returns that could beat the human intelligence. 

Price movements of various Stock Futures will be monitored and the Algo picks the high probability trades and instantly triggers the trade alert to your email id.

Algo will mail you the trade alerts in fraction of seconds with the name of the stock, entry price, stop loss and Exit alerts. You could exit the stock once you achieve reasonable profits or you can exit the stock when you receive the Exit mail alert. Check out www.squareoff.in to get email alerts