Pros and Cons of Day Trading
Day traders are allowed to grab the benefit of both rising as well as falling market. However, the positional traders or long term traders cannot hold their stocks for long duration to make profit from bullish trend. From the falling stocks, a day trader can sell short and make profit. By generating accurate intraday stock tips, you can be a successful day trader.
Intraday trading is buying and selling of stocks in one single day. Hence, the intraday trading involves frequent market fluctuation, which is not that easy to understand by novice traders. However, if you are trading under the guidance of some knowledgeable person or technical analyst, who can generate best intraday tips, then you may get the profit. On the other hand, if you are capable of implementing technical indicators then you can generate free intraday tips.
You must never think that you cannot try out Intraday trading on your own. Learn with your mistakes and only few things you need to keep in mind is never risk more than 2% of your trading capital on every trade. The study proves that no one will go bust in trading if they trade with proper risk management.