| One common strategy used by intraday traders is | | | | one, expecting that the trend will change. |
| shorting stocks rather than buying, in shorting hoping | | | | News Playing: every one of us knows that every |
| that the price will fall the trader borrows stock from | | | | news regarding any stock or company or even its |
| his broker and sells the borrowed stock. However, | | | | sector has a positive or negative affect on its prices |
| there are some technical problems with shorting like | | | | and movement. Thus the basic trading tips or |
| the broker may not have shares to lend in a | | | | strategy which the news player follows is to buy a |
| particular issue. | | | | stock which has just announced good news, or short |
| Other Tips and Strategies: | | | | sell on bad news |
| Trend following: this is a strategy which is most | | | | Scalping: In scalping the intraday trader tries to exploit |
| commonly used, in this the trader assumes that the | | | | the inefficiency of the market when the trading |
| stock which has been rising steadily will continue to | | | | range expands and volatility increases. The trader |
| rise, and vice-versa with falling. Thus the tip which | | | | enters the market at key points and take quick |
| the trend follower follows here is that he/she buys | | | | profits from small moves for doing so he applies |
| the stock which has been rising, or short sells a falling | | | | technical analysis concepts such as over |
| one, expecting that the trend will continue. | | | | under-bought, support and resistance zones as well |
| Range Trading: in this trading strategy the tips which | | | | as trendline, trading channel etc. |
| intraday or day trader follows is that he buys the | | | | Price action strategy: In this traders follows the stock |
| stock which hits the support level and sells the one | | | | tips which rely on a combination of price movement, |
| which just hits the resistance level. The trader does | | | | chart patterns, volume, and other raw market data. |
| so thinking that every time the stock hits a high, it | | | | This kind of traders are also called "Technical |
| falls back to the low, and vice-versa. Such a stock is | | | | Traders" who follows technical analysis and makes |
| said to be "trading in a range", which is the opposite | | | | decision whether to go for trade or not. Although |
| of trending. | | | | technical analysis requires an understanding of how |
| Contrarian investing: is a market timing strategy. In | | | | markets work and the core principles within a market. |
| this the trader assumes that the stock which has | | | | Thus these were some of the intraday stock tips |
| been rising steadily will reverse and start to fall, and | | | | and strategies followed by most of the intraday |
| vice-versa with falling. Thus, the contrarian trader sells | | | | traders. |
| the stock which has been rising and buys the falling | | | | |