๐ง How to Make Consistent Profit in Intraday Trading (Beginner’s Guide)
โ 1. Set Realistic Expectations
You wonโt double your capital overnight โ and you shouldnโt try.
Aim for small, consistent profits (e.g., โน300โโน1000/day).
Focus on capital preservation first, profit second.
๐ Think in terms of probability and risk, not just money.
โ 2. Trade with a Simple, Repeatable Strategy
๐ ๏ธ Beginner Strategy: Trend + Support/Resistance + Confirmation
Setup:
Timeframe: 5-min or 15-min chart
Indicators: MA20, MA50, and RSI(14)
Entry:
Trend: MA20 > MA50 = uptrend (Buy only); MA20 < MA50 = downtrend (Sell only)
RSI confirms momentum (crosses above 30 or below 70)
Enter after a bullish/bearish candle forms at a support/resistance level
Example Buy Signal:
Stock is in an uptrend (MA20 > MA50)
RSI crosses 30 from below (momentum rising)
Price bounces off support and forms a green candle โ Enter trade
โ 3. Risk Management is Everything
| Capital | Max Risk per Trade (1-2%) | Stop Loss | Position Size (Approx) |
|---|---|---|---|
| โน10,000 | โน100โโน200 | โน1 | 100โ200 shares |
| โน25,000 | โน250โโน500 | โน2 | 125โ250 shares |
| โน50,000 | โน500โโน1000 | โน2 | 250โ500 shares |
๐ฏ Always use a stop-loss and never trade without calculating risk.
โ 4. Stick to 1โ3 High-Quality Trades per Day
Avoid overtrading โ it increases losses and stress.
Wait patiently for clear, confirmed setups.
Less is more in intraday.
๐ฏ Quality > Quantity. One good trade is better than five random ones.
โ 5. Trade Only in the Best Time Window
โฐ Ideal trading hours:
9:30 AM โ 11:00 AM (IST): Highest volume, clearest moves
1:30 PM โ 2:30 PM: Mid-day trends often resume
Avoid trading after 2:45 PM โ market becomes unpredictable.
โ 6. Avoid Trading on Major News Days (As a Beginner)
Earnings announcements
RBI/Bank policy updates
Global news affecting sentiment
These cause sudden volatility. Beginners often lose money here.
โ 7. Use a Trading Journal (This Is Non-Negotiable!)
Track every trade:
What stock did you trade?
Entry & exit price, stop loss, target
Why did you enter?
Profit/loss
What can be improved?
๐ง Review weekly to find mistakes and improve your strategy.
โ 8. Control Your Emotions
Donโt chase trades if you missed an opportunity.
Donโt increase size after a loss to โrecoverโ.
Stick to the plan, not to your feelings.
โ Avoid revenge trading โ it destroys profits.
โ 9. Follow a Daily Routine
| Time | Task |
|---|---|
| 9:00 AM | Pre-market scan, plan levels |
| 9:15โ9:30 AM | Watch price action, no trades yet |
| 9:30โ11:00 AM | Take 1โ2 trades based on setups |
| 11:00 AM | Review trades, no more new entries |
| After Market | Journal trades, analyze performance |
โ 10. Focus on Learning, Not Just Earning
Read charts every day, win or lose.
Study successful trades and failed ones equally.
Watch YouTube live market sessions or practice on TradingView replay.
๐ Knowledge compounds. So does discipline.
๐งฉ Bonus: Daily Profit Plan (With โน20,000 Capital)
Daily Risk: โน200 (1% of capital)
Target Profit (1:2 RR): โน400
Just 1 good trade a day = โน8000/month (20 trading days)
๐ This is achievable and scalable once you build consistency.
๐ซ Top Mistakes That Kill Consistency
| Mistake | Why It Hurts |
|---|---|
| No stop loss | Leads to large, unrecoverable losses |
| Overtrading | Emotionally driven, increases mistakes |
| Big bets on hope | Gambling mindset, not trading |
| Switching strategies daily | No learning curve or consistency |
| Trading unknown stocks | You don’t understand how they move |
โ Final Thoughts: How to Win Long-Term
โ Start small, stay consistent
โ Stick to one strategy and master it
โ Respect your risk and follow a routine
โ Journal, learn, and improve
๐ฏ You donโt need 100 trades to profit. You need 1 good trade per day.
1. Beginner Intraday Trading Checklist (Daily Routine)
Print or save this checklist and follow it every trading day:
| Description | |
|---|---|
| Pick 2โ3 liquid, trending stocks with good volume | |
| Mark support, resistance, previous day’s high/low | |
| Apply MA20, MA50, RSI (14) on 5-min or 15-min charts | |
| Wait for MA trend + RSI confirmation + price action | |
| Entry level, stop loss, target (1:2 RR minimum) | |
| Risk only 1โ2% of capital per trade | |
| Be calm, focused, and avoid chasing or revenge trading | |
| Only trade confirmed setups | |
| Record reason, entry, SL, result, and learning | |
| Review what worked or didnโt, plan for tomorrow |
2. Intraday Trade Journal Template (Excel Format)
Hereโs a structure for your Excel journal (you can also use Google Sheets):
| Date | Stock | Direction | Entry | Exit | Stop Loss | Target | P/L | Setup Reason | Mistake? | Notes |
|---|---|---|---|---|---|---|---|---|---|---|
| 07-07-2025 | ICICI Bank | Buy | โน980 | โน990 | โน975 | โน995 | +โน10/share | MA trend + RSI 40 bounce | No | Good entry |
You can calculate total profits, winning %, and average loss using Excel formulas to track your edge.
3. Pre-Market Watchlist Template
Use this before the market opens to plan:
| Stock | Trend | Key Level | Bias (Buy/Sell) | Why on Watch? |
|---|---|---|---|---|
| Tata Motors | Uptrend | โน support | Buy | Gap-up + strong volume |
| HDFC Bank | Range-bound | โน resistance | Sell | Weak open near resistance |
| Infosys | Downtrend | โน resistance | Sell | RSI below 50 + lower high |

