WHAT IS INTRADAY TRDING EXPLAINED BY MUKUL AGRAWAL
The world of Stock Market is a ticklish one. There are several misconceptions and myths allied with the concept of investment. As a beginner it becomes really confusing for an investor to decide which trading style to go with. To try one’s luck in the Stock Trading we must know what it is and how it works. Mukul Agrawal the renowned Technical Analyst who has been training and consulting individuals about Stock trading since last 18 years shares his insight and explains that - stocks or shares of a company, represent ownership equity in the firm, which give shareholders voting rights as well as a claim on corporate earnings in the form of capital gains and dividends. He also explains further that in our Indian stock market, almost all of the trading takes place in its two stock exchanges, BSE and NSE. Both exchanges follow the same trading mechanism, have the same trading hours, and similar settlement processes. Mukul agrawal says that investing in the stock market could be made easy when it is approached in a pre-planned and disciplined manner. It is one of the most efficient ways to build up one’s capital. This fastest growing way of investment and money making is the only reason why many big businessmen have accumulated so much of wealth. With a dedicated guidance of an experienced technical analyst anyone can try his luck in this world of stock market. When asked about sharing his insights on INTRADAY Trading, he says that:
Intraday trading is also known as “within the day” kind of trading, where the trading is done within the market hours of one day. In intraday, the traders are required to square off their positions within the same day before the market closes, irrespective of profit or loss they have earned.
He explains that this trading method requires a quick decision making skill and patience while trading. One should choose correct entry and exit points and should follow the day trends that is going in the market at that time.
The investor should not make impulsive decisions while buying or sharing the stocks. And a loss stop should always be used to avoid huge loses while intraday trading.
Mukul Agrawal has recently been awarded with oung Achiever AwardY for best stock market training in 2021. He has also been awarded the National Achiever Award of 2019 and holds a Singapore Association Membership. He is a renowned TEDx speaker and the founder of The Agrawal Corporate. He has a consistent track record and success in correct stock selection, and has excelled in the art of advanced predictions of prices. Since the beginning of his career he has been guiding several people through his institution and now through his regular classes on his YouTube channel THE MUKUL AGRAWAL. His channel is being followed by more than 5 lakh individuals and has over 2046 videos where he teaches the young investors all the technicalities of the Stock market. Mukul Agrawal is a man full of wisdom when it comes to investing strategies. Mukul Agrawal believes that there are so many myths and misconceptions about the share market that have made a prominent impact onto the public consciousness. These myths tend to keep potential investors away from the market, which results in losing out on a great opportunity for their finances and investment. That is the reason Mukul Agrawal focuses on clearing these doubts and wants the youth to understand from an early age all the basics about this field.
Topics : stock market
First Published: Aug 3 2021 | 2:14 PM IST