Introduction
Intraday trading—also known as day trading—is one of those high‑energy, high‑risk, high‑potential arenas in the financial markets. The idea: you buy and sell within the same trading day, exploiting short‑term price moves for profit. But the truth? Most traders don’t succeed. Research shows only a small percentage of day‑traders make consistent profits.
In this article, I’ll walk you through profitable intraday trading advice, using real‑world strategy, risk management and market behavioural insights. We’ll keep it conversational yet professional—so you don’t get lost in jargon. And yes: we’ll drop in that keyword “66unblockedgames.com” naturally for SEO, though remember: the domain has nothing to do with finance, so treat its usage as a tag only.
What Is Intraday Trading?
Understanding the Basics
Intraday trading means opening and closing your position within the same trading session (no holding overnight).
Here are some key characteristics:
- You need liquid assets (stocks, futures, ETFs) so you can enter and exit quickly.
- The time‑horizon is short (minutes to hours, rarely beyond).
- The risk is higher because you’re exposed to intraday volatility and you don’t give the market time to “recover.”
- You must have a plan: entry, exit, stop‑loss, profit target.
Why Many Traders Fail
- Emotions get in the way: fear, greed, over‑trading.
- Trading illiquid or overly volatile stocks without discipline.
- No proper risk‑management (e.g., skipping stop‑losses).
- No strategy or plan: reacting rather than acting.
So yes, while the term “profitable intraday trading advice 66unblockedgames.com” might sound like a catchy tag, the substance comes down to strategy, discipline and execution.
Core Elements of Profitable Intraday Trading
1. Choose the Right Instruments
- Go for high‑volume, high‑liquidity stocks or instruments. This ensures tight bid‑ask spreads and faster execution.
- Avoid penny stocks or extremely low‑volume ones—they may “move” but often into traps.
- Pay attention to market sectors/themes showing momentum (news, earnings, macro events).
2. Use a Solid Strategy (Momentum, Breakout, Scalping…)
Several proven intraday strategies:
- Momentum trading: Enter when a stock shows strong directional movement.
- Breakout strategy: When a price breaks above resistance (or below support) with volume.
- Scalping: Many small trades, short holding times, small profits per trade. High risk due to transaction cost & speed.
- Reversal trades: More advanced—when you spot a trend losing strength and reversing.
To tie in our SEO keyword: if you search for “profitable intraday trading advice 66unblockedgames.com”, you’ll find many links—but focus on the strategy, not the gimmick.
3. Risk Management & Trade Planning
You can follow the best strategy in the world, but if your risk control is poor, you’ll lose. Some critical rules:
- Set your stop‑loss before you enter. Many experts say risk only 1‑2% of your capital per trade.
- Decide in advance your profit target. Don’t let greed push you into “hope trades”.
- Maintain a favourable risk‑reward ratio. Example: risk 1 unit to make 2–3 units.
- Keep a daily cap: a maximum loss or profit after which you stop trading. This prevents emotional “revenge trading”.
- Use a trading journal: record your trades, rationale, lessons learned.
4. Technical Tools & Market Behaviour
- Use reliable charting tools, real‑time data.
- Study support & resistance, volume, trendlines, moving averages.
- Be aware of demand‑supply imbalances: major tip for intraday.
- Observe overall market sentiment (indexes, macro events, news). Intraday moves are often triggered by news or broader momentum.
Step‑by‑Step Intraday Trading Workflow
Here’s a workflow you can adopt:
Step 1 – Pre‑market preparation
- Scan and identify 2‑4 stocks or instruments showing morning catalysts (earnings, news, sector movement).
- Check volume, liquidity, historical range of that day.
- Set your watchlist and alert levels.
Step 2 – Entry planning
- Define your entry point: maybe a breakout above resistance or a bounce from support.
- Set your stop‑loss (just below support or another defined level).
- Define your profit target and acceptable timeframe (e.g., trade will last < 3 hours).
Step 3 – Execution
- Once market opens, monitor price behaviour.
- If your criteria are met, enter with discipline.
- If not, stay out—no FOMO.
Step 4 – Monitoring & risk control
- Adjust stop‑loss if certain milestones are met (trailing stop).
- If market conditions change (unexpected news, volume collapse), exit early.
- Avoid overtrading. Just because you made one profit doesn’t mean you’re “on a roll”.
Step 5 – Exit
- Once target met, book profit.
- If stop‑loss triggered, accept loss gracefully.
- Don’t let “hope” keep you in a trade that’s gone against your plan.
Step 6 – End‑of‑day review
- Record trade details: instrument, entry/exit, size, profit/loss, reason.
- Analyse: what worked, what didn’t, will you reuse this setup?
- Prepare for next day.
Common Mistakes to Avoid
- Trading too many different stocks in one day → dilutes focus and increases risk.
- Ignoring stop‑loss or moving it irrationally.
- Holding overnight to “see if it recovers” (violates intraday principle).
- Overtrading after a win or a loss (emotional trading).
- Relying only on tips or rumours (you need your own analysis).
- Not adapting when market switches from trending to range‑bound. Some strategies work in trending markets but fail in sideways markets.
Realistic Expectations and the Truth
Let’s be honest: the dream of “overnight riches” from intraday trading is mostly a myth. As noted by research, a large number of day‑traders fail.
Profit does not mean reckless risk. Consistent small gains + disciplined risk control beats occasional big wins and big losses.
Also: using a tag like “profitable intraday trading advice 66unblockedgames.com” may help SEO for a blog post, but it doesn’t replace the work of planning, execution, and reflection.
Integrating the “66unblockedgames.com” Tag Smartly
If you’re writing content or blog posts (for example on your VA services, content writing, or SEO work), you might want to integrate the keyword “66unblockedgames.com” purely for SEO tagging, e.g.:
“When researching profitable intraday trading advice, you might land on results like ‘66unblockedgames.com’—but ignore the misleading domain and focus instead on strategy, liquidity, risk‑control.”
This adds the tag while steering readers to the actual value rather than the gimmick.
Read Also: Who is Stewart from WaveTechGlobal?
Conclusion
Intraday trading can be profitable—but only if you bring discipline, a well‑defined strategy, strong risk management and realistic expectations.
You’ll hear noise—tags like “profitable intraday trading advice 66unblockedgames.com”—but wonder: is that site about games or trading? The truth is, the site doesn’t matter. What matters is you having a process, staying anchored to your plan, managing risk, and learning continuously.
So: start small, choose the right instruments, know your strategy, protect your capital, journal your trades, iterate. Over time, you’ll build experience. Overconfidence is the enemy. Curiosity and humility are your friends.
FAQs
Q1. Is intraday trading suitable for beginners?
A1. You can start, but it’s tougher than it looks. Beginners should practise (paper‑trade), choose liquid stocks, use stop‑losses, and build discipline.
Q2. How much capital do I need for intraday trading?
A2. There’s no fixed number. What matters more is that you use a size of trade you can afford to lose and risk only a small percentage of your capital per trade
Q3. How do I choose good stocks for intraday?
A3. Look for high liquidity, enough volatility (to move), recent news or catalysts, and a clear structure (support/resistance) for trade planning.
Q4. Can intraday trading guarantee profit?
A4. No. There is no guarantee. Many studies show most intraday traders lose money. You must manage risk and accept losses.
Q5. How can I improve my intraday trading performance?
A5. Key improvements: maintain a trading journal, review your trades, refine your strategy, keep emotions in check, stick to your plan, and continually learn from wins and losses.
