π§΅ Thread: What actually makes a good intraday trade (most traders ignore this)
Hereβs the 4-point checklist π
1) LIQUIDITY π₯
If the stock canβt have βΉ25-30L avg volume (50day) in a single 1-min candle, Iβm not touching it.
Why?
β Slippage kills your PnL silently
β You canβt exit fast when youβre wrong
β Big players arenβt even there
No liquidity = No trade
Simple.
2) SETUP MATTERS MORE THAN YOU THINK π
I only trade setups Iβve taken 100+ times.
Not the one I saw on YouTube last night.
Not the one that βlooks goodβ today.
The one I KNOW.
β Where my entry is
β Where Iβm wrong
β Where I book
Familiarity = confidence = execution.
(Do a deep dive of Daily gainers on Intraday chart then you find yours βΊοΈ)
3) TIMING IS EVERYTHING β°
The market has 3 personalities in a day:
π΄ 9:15 - 10:15 β First hour (volatile, trending, high volume)
π‘ 10:15 - 1:30 β Mid market (choppy, low volume)
π’ 2:00 - 3:30 β Last session (Volatility high, clean moves)
Know WHICH session fits YOUR setup. Donβt force trades in the wrong window.
4) READ THE MARKET ENVIRONMENT π‘οΈ
Ask yourself every morning:
βIs TODAY a good day to trade intraday?β
β Is Nifty giving directional bias or just ranging?
β Is VIX elevated or calm?
β Any big news / events today?
A bad environment with a good setup = average result.
A good environment with a good setup = your best trades come from here.
π« CHECKLIST
Before every trade ask:
β Liquidity > βΉ25-30L on 1min?
β Is this MY setup?
β Am I in the right session?
β Is the market environment favorable?
If even ONE of these is a NO β just wait.
The market will always give another opportunity.
Follow : @IntradayWolf for more such insightful threads.
If you learn something, Give a LIKE
If you have any doubt, COMMENT
There's nothing in the market for me to trade today. So, I have some free time going for some deep dives.
Good luck for those peoples who trades daily.
The best indicator to open new position or not is your watchlist.
βWhen he performs its TIME, When not just STAY AWAYβ
#Nifty
#Intraday trades taken today
#ANANDRATHI 3R+
#TCS (-1R)
I didnβt do scanning from 2 days so thatβs why didnβt take any trades in those names which are trending today on X.
Done for the day π§‘
It is also important to avoid over-trading for instance, instead of taking a trade every hour, one should wait for the right setup before executing the trade. Even just 8-10 trades in a month can generate a good profit.
#Trading#Nifty
I believe anyone can become a profitable trader.
All that is required is to follow specific setups and a trading style that suits them. At the very least, one should create a playbook of around a 1000 examples and revisit it once a week
So it can help become a better trader.
Took 2 intra trades.
#BDL -1R
#EIEL 3R
Why i trade intraday?? previously i said.. i don't trade intra more now.
The reason is from last 2-3 days my watchlist of stocks suggest me that there is no great SWING opportunity
I think, That's Clear.
#Intraday#Nifty