Successful equity day traders : request you to please share some of your successful tips/suggestions/strategies for equity day trading in Z-connect?

Sai, have u checked this section on Zconnect? 


To get an idea of how to pick stocks in a professional, well calculated manner, would advice you to read about Peter Lynch, he handled the most successful Mutual Fund in the US for Fidelity Investments.

Would advice you to buy and study this book.. One Up On Wallstreet

​It would definitely give you a lot of ideas as well as improve the way you pick stocks.:-)


Thank you Salman

Intraday trading involves purchasing and selling of stocks within the same trading day. Here stocks are bought for the purpose of earning profits by harnessing the movement of stocks and securities. Thus, the swings in the prices of the stocks are harnessed to earn a better return from the trading of stocks.
The most important points to be remembered in Intraday Trading are following -

  1. Patience
    The day traders have to keep patience until the right time. Just wait for the right market conditions before start trading. There are times when it is better to stay out of the Market and just observe from the sidelines what is actually happen. It will prepare you for future risk.

  2. Identify strong stock trend
    This is the most complex task in the stock market. One mistake in judgement the market means big losses. Also, keep a point in mind that in the highly volatile market, each trend is for short term, it makes the stock selection job more difficult for a trader. Sometimes, the stocks that an investor identified for short selling rise on the day of trade. For better results, a trader should refer stock tips, intraday tips or more to get better guidance related to trading.

  3. Initiate early morning trade
    It is observed that initial 20-25 mins of the morning were highly volatile trade. Generally, traders get suggestions to trade after 30 mins of early trade. Most of the stocks trend is established within 30 mins of the day.

  4. Detachment
    A trader should focus on the technical part rather than on the money only. If your trades are technically correct, the profits will surely achieve. Just remain emotionally detached from the market. Avoid taking any decision in the short-term excitement.