DAILY INTRADAY IDEAS: Here I am shared daily my intraday ideas and stocks which are good for trading.

MY FAVOURITE INTRADAY TRADING STRATEGIES

1.Momentum Trading Strategy

Day trading is all about momentum. It is about finding the stocks that are moving. There are at least some stocks that move 20–30% every day. The key is to find these stocks before they make a big move and catch that move.Momentum Trading Strategy mostly works at the beginning of trading hours or at the time of a news spike which brings huge volume into security and the trade is mostly done at a 2:1 profit loss ratio.

In momentum trading strategy, the traders focus on stocks with momentum, i.e. the stocks that are significantly moving in one direction and in high volume. The positions can be held for minutes, hours or for the entire day, depending on the speed of the movement of the security and when it changes direction.