The stock market's values are constantly moving, resulting in several trading opportunities throughout the day. These price changes indicate changing investor perceptions of the company's stock. Stock prices fluctuate throughout the day as demand and supply characteristics shift. 

Traders make profits for a variety of reasons. One option is to make a long-term investment that takes time but has the potential to pay off handsomely. Another option is to use a short-term plan that involves trading for rapid profits. Intraday trading is one such strategy.

What is Intraday Trading?

Intraday trading is when you purchase and sell stocks on the same day. It is accomplished through the use of online trading platforms. If someone wishes to buy shares in a company, they must state 'intraday' on the platform's interface explicitly. On the same day, before the market closes, the user can buy and sell the same quantity of stocks in the same business. The idea is to profit from the ups and downs in market indices. 

An online Demat account is set up for intraday trading. While executing intraday trading, you must specify that the orders are for intraday trading. Because orders are squared off before the end of the trading day, intraday trading is called that.

Intraday trading feature

1. You can profit from market swings throughout the day.
2. Profits and losses are realized on the same day.
3. Intra-day trading can be used if you wish to profit from trade chances on the same trading day without having to deliver shares.
4. A purchase position can be created by paying a part of the transaction value (margin amount).
5. If you buy a stock and its price rises on the same day, you may use this product to sell and book gains. The "square-off" order is what it's termed.
6. If you choose the "Convert to Delivery" option, you may also take delivery of the stock. However, if your order was performed as a single transaction, partial conversion of the transacted quantity is not possible.

Intraday trading indicator

In intraday trading, traders frequently experience challenges due to concurrent occurrences. Looking at trends and indications is always good for everyday trading, whether a person is an expert trader or a newbie. Let's have a look at some of the indicators:

1. Moving Average: The daily moving average (DMA) of the equities is used by the majority of traders. The moving average is a line on the charts that depicts a stock's behavior over time. The minimal average line depicts the stock's average closing rates throughout the specified period and aids in understanding price fluctuations and determining the stock's flow.
2. Bollinger Bands: These are bands that depict the stock's standard deviation. The three lines that make up this graph are the moving average, upper limit, and lower limit. If you're searching for a trading ranger for a certain stock, they will help you locate the stock's price shift over time so you can put your money where the observations are.
3. Momentum Oscillators: The stock market is quite volatile. Such changes are heavily influenced by market conditions. The momentum oscillator is useful for traders who want to determine if a stock will increase or decrease. It is shown on a scale of 1 to 100 and shows whether a stock will continue to rise or fall, aiding you in selecting whether or not to buy a certain stock. It shows you the optimum time to trade without risking your money.
4. Relative Strength Index (RSI): This is the indexed version of all the trading that takes place during a period on the stock. This is the indexed version of all stock trading activity during a certain period. It's a one-to-one scale that visually illustrates when a stock is sold or bought at its peak. The RSI is considered overbought when it surpasses 70, and it is considered oversold when it goes below 30.

Advantages of Intraday trading

Ends the Overnight Risk: One of the most significant advantages of intraday trading is the absence of any overnight risk. Because the trader must terminate the position before the conclusion of the trading day, the profitability is unaffected by events or moves that occur during this time. As a result, any stock market disaster, whether worldwide or local, will have no impact on your gains for that day.

Provides Higher Returns: When the intraday idea is paired with an excellent trading technique, you may see incredible returns in a short period. However, the type of plan you establish and the mechanism you employ to achieve it are both important.

Gain when the markets are falling: One of the many advantages of intraday trading is that you may earn from a dropping market as well. This is accomplished via the use of a method known as "short selling." Short selling is when you sell a stock at a higher price and then purchase it back at a lower price later. Unlike the cash section, you can sell first and then purchase later, allowing you to profit from a stock price decrease.

Opportunity to earn a regular income: You may quickly establish an alternate source of income by just trading for a few hours each day if you use the right trading tactics. You may accomplish this from the convenience of your own home or workplace. It might become your principal source of income over time if you use well-structured investing ideas.

At last the main Question...

Is intraday crypto trading possible?

Cryptocurrency day trading is comparable to regular intraday trading. The cryptocurrency's liquid and volatile characteristics make day trading of crypto assets simple. There are several cryptocurrencies available for trading. However, you must be certain that you invest in a reputable cryptocurrency trading website.

Cryptocurrency assets have a volatile value. Prices can fluctuate in a matter of minutes or even seconds. Crypto traders, in comparison to intraday traders, must devote more time to technical research and price fluctuations.