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Secret Formula of Intraday Trading Techniques

The document provides information on intraday trading techniques and formulas that can help traders earn profits in the stock market. It discusses basic candlestick patterns, breakout trading formulas using the day's first candle, and rules for successful intraday trading, including focusing on capital protection, trading with the trend, using stop losses, managing entry and exit points, and keeping records. The key to success is following a consistent formula or strategy while practicing discipline and risk management.

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Manoj S
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3K views

Secret Formula of Intraday Trading Techniques

The document provides information on intraday trading techniques and formulas that can help traders earn profits in the stock market. It discusses basic candlestick patterns, breakout trading formulas using the day's first candle, and rules for successful intraday trading, including focusing on capital protection, trading with the trend, using stop losses, managing entry and exit points, and keeping records. The key to success is following a consistent formula or strategy while practicing discipline and risk management.

Uploaded by

Manoj S
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Secret Formula of Intraday

Trading Techniques
JA NUA RY 11, 2017 6 MI NS RE A D

Home > Secret Formula of Intraday Trading Techniques

S HA RE

Intraday Trading Techniques and


Formula to earn Good Profit in The
Stock Market
Now, it’s very easy to maximize the daily profit using
Intraday Trading Techniques / Formula in NSE India. Stock
market fluctuations every time gives trader surprises and
therefore trader should be ready to accept and challenge the
unexpected. With the proper Intraday Trading Tricks and
knowledge, the trader can have the road to intraday trading
success in the long run.  As the name suggests, intraday
trading is a type of trading when the shares are bought and
sold on the same day.  The risk associated with Intraday
trading is very high then another trading. But, if the trader
plays safely with the right trading rules, he/ she can have
success in Intraday.
Here are some simple, easy intraday techniques that can
help traders to win the stock market and plan their profitable
trade.

Let’s have your eyeballs on some of the Simple Intraday


Trading Techniques by the experts of Trading Fuel. Trading
Fuel- pioneer Institute in providing live market practical
training to budding intraday traders. In this regard, fresher
should learn from the experts then put their shoe into
Trading.

BASIC CANDLESTICK KNOW-HOW :
Green Candle and Red candle.

There are four prices in the candle.

1.Open

2.High
3.Low

4.Close.

If Open to close is high it is a green candle.

If open to close Below it is a Red candle.

Learn Intraday Trading Formula Of Break Out :


 If Close is Above the previous Candle High.
 It calls as a Closing Basis Break Out.
 This Break Out is Useful for BUY.
 If Close is Below the previous candle Low
 It calls as a Closing Basis Break Out.
 This Break Out is Useful for Sell Short.

Follow this Technical Intraday Rules :


1. Useful for Nifty & Bank nifty ( Read More about – What
is Nifty )
2. Accuracy more than 75 % to 80 % in Intraday (Day
Trading)
3. Input 5 min chart (Need min to min chart)
4. Focus on day first candle High and Low (DFC)
5. Chance to earn every month minimum of 20,000 Rs.
(Fix Income In Intraday Trading)
You Also Like: Best Trading Strategies

Intraday Trading Break Out Formula :

Sell Trade Success Techniques


1. When the day first candle (DFC) gives closing below
the low, the trader should punch the sell trade. The
trader should focus on the close & close below low.
The trader can get closing on any no of candle i.e 3, 4
or 5 candle. The next candle to closing candle will be
a qualified candle to go for sell-side.
2. Day first candle high and low difference will be first
target for the trader to book profit.

3. DFC high be where you should put stop loss

4. you need to look for the second target at 3:25 pm

Buy Trade Success Intraday Techniques


1. When the day first candle (DFC) gives closing above
the high, a trader should punch the buy trade. The
trader should focus on the close & close above High.
The trader can get closing on any no of candle i.e 3, 4
or 5 candles. The next candle to closing candle will be
a qualified candle to go for buy-side.
2. Day first candle high and low difference will be first
target for the trader to book profit.

3. DFC low be where you should put stop loss

4. You need to look for the second target at 3:25 pm

Gap Up or Down Open – Good News Or Bad News?


1. Previous Day High Above Open = Out Side Gap Up

2. Previous Day Low Below Open = Out Side Gap Down

INTRADAY BREAKOUT FORMULA WITHOUT GAP-UP


OPEN:

INTERPRETATION:
If the market open at price higher then previous day high it’s
said to be Out Side Gap Up Open. If the DFC candle (9:15
Am) with the gap up open price gives closing above high, go
for a buy trade. Here the close above high is on 4 candles. 5
candle is a qualified candle to punch buy trade.

BREAKOUT FORMULA WITHOUT GAP – DOWN OPEN:


INTERPRETATION:
 If the DFC candle (9:15 AM) opens below previous day low, it
is said to be Candle with Gap down open price. If The Candle
with Gap down price gives closing below the low, go for a sell
trade. Here the close below low is on 2 candles. 3 candle is a
qualified candle to punch sell trade.
More Latest Chart Banknifty :
The Secret Formula for Day Trading
Intraday trading is not as simple as it is made out to be.
Before you get into the act of intraday trading, you need to
learn the secret formula for intraday trading. Let us look at
this formula that can help you to become a successful
intraday trader.
Trading Rules to become a successful intraday
trader:
 Intraday trading is about focusing on and protecting
your capital. Do not trade with big profits in your
mind, instead of that focus on how much risk you are
willing to take per trade. Once you learned about
protecting your capital from depleting beyond a point,
profits from day trading will automatically follow.

 Don’t trade during the volatile market. Always trade


with the trend. Intraday trading gives the best result
when the momentum and direction of the market are
predictable.

 Never forget to keep stop loss. It is one of the keys to


achieve success in day trading. Without a stop loss,
you may end up holding positions with the
unmanageable market to market loss.

 Whatever trade setup you use for day trading, as an


intraday trader you must know about right entry and
exit point. You have to take three key decisions about
when to buy, when to sell and when to sit tight.

 Don’t panic when you are doing intraday trading, that


leads you to take wrong and hasty decisions in the
market.
 Never try to recover your losses by overtrading. It is
the golden rule for intraday trading. Overtrading will
lead you to lose money in both ways.

 Keep a record of your daily trade. It will help you to


find your mistakes and really useful for you to become
a better trader.

 Whatever Intraday Formula you use for Intraday


trading, first do backtest with past data and also in
the live market. Once you are ready with backtesting,
as per your risk management strategy you can use
your intraday trading formula.
 There is no golden key to become a successful trader,
only practice makes you a good intraday trader.
Practice, Discipline and Risk management is the key
formula for successful intraday trader.

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