To succeed in the share market, you need to monitor market movements. It would help if you took advantage of these movements and corrections to maximise returns. The traditional method of holding and selling securities for a profit is one of many ways to maximise returns. With the rise of digital trading platforms in the country, live trading has become a new trend.
Within live trading, intraday trading has helped many small-scale investors to maximise returns. Are you ready to watch the share market like a hawk and take advantage of market movements? Read on to understand the live trading scene in India and how to maximise returns doing it.
What exactly is live trading in India?
Traditional trading involves buying and selling securities via a trading and Demat account. Traditional trading can take place throughout the working hours of stock exchanges. You can hold securities for a few days or months before selling them. On the other hand, you can choose to react to market movements in real time with live trading. With live trading, you can take advantage of real-time price changes.
Live trading is done within the share market hours and requires immense attention towards price changes and market movements. With live trading in India, you can buy/sell securities whenever the price fluctuates. Intraday trading is a popular type of live trading among investors in India.
Is live trading the same as intraday trading in India?
Have you decided to take advantage of market movements in India? Most live traders believe in intraday trading to generate returns. First, however, it is essential to understand the meaning of live trading and intraday trading. The nature of Live and intraday trading is such that you can use them interchangeably, but they are different concepts.
Intraday trading is a subset of live trading in India. Live trading involves taking advantage of sudden price changes, market movements, and corrections. On the other hand, intraday trading involves buying and selling financial securities on the same day, within the share market hours.
Intraday traders buy and sell securities on the same day to make a profit. They also monitor market movements and try to profit on the same day by selling securities. However, intraday traders might incur a loss on some days due to downward market movement. Consider the example of BSE India (Bombay Stock Exchange), which opens for traders between 09:00 AM and 03:30 PM. Intraday traders in BSE will make their trades before the market closes, before 03:30 PM. All intraday activities fall under the bracket of live trading, but all live trading activities aren’t intraday trading.
Tips to succeed in live trading
Here are some effective tips to help you succeed in live trading.
· Choose Religare Broking and enjoy minimum brokerage charges for trading in India
· Use a new-age trading platform to keep an eye on market movements and price changes
· Since intraday trading can be risky, do not use your entire capital
· Use the stop-loss option to sell shares automatically when incurring a loss
· Keep an eye on share market news published on digital platforms
Final words
The hype of live trading is continuously increasing in India. Intraday traders are now using new-age trading platforms to make informed decisions. You can also use the trading platform offered by Religare Broking for live trading activities. Indulge in live trading in India now and generate exponential returns!
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