Why 70% of Intraday Traders Fail: Strategies and Success Tips

[00:00] market, that is intraday trading. In this video, let's try to understand whether you should It sounds good to hear, it sounds like an exciting

[00:13] trading. Actually, 10-20 years ago, when I started 20 years ago, at that time, intraday trading was literally compared to abuse.

[00:25] anything else, so you started doing intraday trading. But for the past few years, obviously, this occupation has So, are you the individual who should do intraday trading?

[00:41] it? We will answer all these questions. What, why, how, when and where.

[00:54] First of all, what is intraday trading? Intraday trading means that the market opens at 9.15, correct, if we talk At this time period, whatever you bought or sold, or

[01:11] whatever you sold or bought, at the end of the day, you are time for the commodities market, there is a third time for So, generally, what happens is that the intraday trader

[01:27] I will do intraday trading in this asset class. And defines his daily routine accordingly. Someone says I will do commodities, so he takes out time.

[01:45] commodities, he does it on time. Some people are multi-asset traders, they work in all the That means they start at 9 in the morning and work till 12

[02:00] This is not a time pass, this is also a job. So, what clarified? Why do you want to do intraday trading?

[02:13] Why? Because I have to be involved in this work. Generally, those who do intraday trading, they consider it It's a work, it's an occupation.

[02:25] if you are doing a business, then why will you do intraday You have come to do intraday trading because you want to

[02:39] And where serious money is concerned, there serious knowledge, serious commitment and serious risk. All of this is related to earning serious money.

[02:54] Obviously, you are coming to earn money and earn money by How do you do intraday trading? There is a broker's terminal, log in there and make your

[03:09] Is the system right for me to do intraday trading? There are many people who have defined the right duration

[03:22] for intraday trading. For example, from 9.15 am to 10.00 pm Avoid. Because at that time there are big fights going on.

[03:36] So, the ant should move aside or else the ant will be left So, generally, you should not trade from 9.15 pm to 10.00 10.00 pm to 11.00 pm is the best time to trade.

[03:52] Or 2.00 pm to 3.00 pm when the European market opens and volatility dies down then based on the next day's market

[04:04] position building starts. So, 2.00 pm to 3.00 pm is the I know a doctor who opens his chamber at 11.00 pm but he only trades from 10.00 pm to 11.00 pm.

[04:19] He will take position at 10.00 am and square up at 11.00 pm. It's not about options cash. The thing is he has defined his framework that he will do

[04:32] Then you will be successful. But if you start a computer or a terminal and run it continuously then you will lose your time.

[04:45] I always believe that time will not come back. Even if you lose your money it can come back. When This is the point when you should do intraday trading.

[05:03] Suppose you are busy all day and come home at 6.00 pm then you should do commodities at night. In commodities, you can do intraday trading from 6.30 pm to 10.00 pm.

[05:15] Suppose your work starts after 12.00 pm then you can do it But it's not possible that I am doing this work and doing

[05:27] How will both work? seriously. You have to become an intraday trader full time.

[05:39] This is the disadvantage which I will discuss later. Where to do it? Generally, intraday trading is done in the

[05:51] broker's terminal where there is access to all the markets. We start trading in all the markets. Mindfulness is very important and your skill set mapping is

[06:06] It is important to know the asset class, timing, equity, options, futures, commodity, currency.

[06:21] We will map ourselves based on our character that this Sebi did a study which I thought you should record.

[06:36] He said that intraday traders are losing money. 70% of intraday traders are losing money. I will discuss this in detail later.

[06:50] You can google the document. The number of people trading in the cash market has In 2019, there were 15 lakh people.

[07:06] In 2023, there are 70 lakh people. In 2024, I saw the NSE Pulse report and I saw that there are 3 crore

[07:20] people who are active in the cash market. So, this 69 lakh is a big number.

[07:32] FY 2024 and FY 2023, the number of people participating in So, the number of intraday traders must have increased.

[07:44] money and a lot of people are doing trading. There are a lot of people who are doing low turnover.

[07:56] There are a lot of people who are trading low. I think, gaming has become a thing and young people are A lot of people are trading from India's tier 2 and tier 3

[08:10] If three people are trading in the cash market, one person If I consider this data, 3 crore people were in FI 2024 and

[08:22] 1 crore people are doing intraday trading in the cash People below the age of 30 and 48% are doing intraday People whose annual turnover is less than Rs.

[08:38] 50,000 are 56% of the people who are doing intraday trading. There are not many people who are participating in the A lot of people have come from small capital because they

[08:51] have found a game in the app and they are enjoying it. 80% of the people who are doing frequent trading is a very I will tell you the reason which Sebi has said.

[09:07] Loss makers in FY 2023 whose trading loss is more than 57% You think you are trading because of discount.

[09:19] But people don't realize that discount is just a makota. 100 due to a loss then Rs.

[09:32] 57 is because of transaction costs. And the 19% of the profit is actually going for the transaction costs. So basically, the loss is due to frequent trading. If you

[09:45] reduce the number of trades and define your circle then you the right thing. If you have this clarity then there is no

[09:58] problem. Definitely, if you are doing it part-time, you have to be very careful what exactly you want to do in I know some people who trade only 10-11 because it suits

[10:13] But there are also many people who trade all day. Marketing does not suit them and they keep trading in So friends, through this video, I want to say one thing

[10:25] that it is a low probability event that you will make money There is less probability of making money in the cash We know that 9 out of 10 people are losing money in

[10:39] So it is a low probability event that you will make money. By the way, it is not bad. 10% people are making money in The number is not bad. 30% people are making money.

[10:52] But if you want to go in a successful category, then learn the right thing, the right way, right? And your own way.

[11:05] But until you define your own way, you will not make money So should this question be answered that should I do The answer is both yes and no.

[11:20] If you can become a part of a learning path and a Because there are successful people too. But the failure is those who are playing games in the

[11:34] If you do that, then you will lose money. Those who earn also need the one who loses.

[11:46] There are many types of intraday strategies. scalping. I had made a video where I talked about trading strategies

[12:02] If you haven't seen that video, then do watch it. It will give you a conceptual clarity on how you can adapt

[12:14] Alright? Thank you. And if you are joining me for the first time, then you Thank you. Bye.

[12:28] Jai Hind.