How To Make Money In Share Market
What Is Swing Trading
Swing trades are taken on the basis of technical or fundamentals, such as if there is a good pattern forming on the chart. If a bullish pattern is forming, swing trade is taken in it. Fundamentals such as if it is felt that the results of the company will be good. If the demand was good or the results of the company were good but the stock has fallen a lot, then a trade is taken in it and like if a stock falls a lot on the basis of news but there is no change in its fundamentals. In this case swing trade is taken.
So in today's blog I am going to show you how to do swing trading in stock market. So let's start with how to make money from swing trading.
How To Do Swing Trading In Stocks - Step by Step Guide
- Step 1: Login In Angel One
After opening the account, you will login by entering your mobile number in Angel One application or Angel One website. On logging in, you will get to see such a user interface as you can see here.
- Step 2: Click on watch list
The stock in which you want to take swing trade, ie the stock you want to do, you will add it here for swing trade. To add to your watch list, you will click on search. Here you will put the name of the company whose stock you want to add.
- Step 3: Add funds
- Step 4: Buy stocks
For this we will go to our watch list. We have to take a trade in the stock. We have added it, so we will click on it. To buy it. then you will click on buy to buy.
- Step 5: Click on orders
How To Sell Swing trade shares in angel one
- Step 1: Click on the Portfolio
So in this way you can see your profit or loss in the portfolio.
For example, whenever I take a stock for swing trading, I set my profit target at ten percent. That is, after buying, as soon as I get ten percent profit, I exit it. To exit you will click on the stock. The details will come in front of you. How much money did you invest? What is the market value? You can see the total profit you are getting here.
- Step 2: Click on Sell
To sell, you click on the cell. In this you will enter the quantity, how many stocks you want to sell.
- Step 3: Add Limit/Market price
You have to sell at market price or you have to do a limited one. If you want to do limited, then you will take the limit. Here you will enter the price at which you want to sell it and if you want to sell it at the market price, then you will select the market here. After this below you will click on sell.
- Step 4: Complete T-PIN Verification process
You will have to verify by entering OTP and your T-PIN, then you will click on Proceed. So you will enter T-PIN here and click on verify.
- Step 5: Enter OTP
An OTP will be sent to your number. You will enter OTP here and click on Verify and authorization will be successful.
- Step 6: Click on Confirm
After this you can sell your stock then you will click on confirm. Your order will be placed as soon as you click on confirm.
How To Withdraw Money From Angel One
- Step 1: Click on Account
After selling stocks, you will come to accounts. To check your balance, when you sell a stock, you get 80% of its balance on the same day itself and the remaining 20% on the next day. After a day of selling your stocks.
- Step 2: Click on Withdraw
you can withdraw the money to your bank account. To do this, you will click on withdraw.
- Step 3: Enter the Amount
Whatever your withdrawal amount is, it will appear in front of you. Here you will enter the amount.
- Step 4: Click on Proceed
Then your withdrawal request will be placed and this amount will be credited to your account within 24 hours.
In this way by taking swing trade you can earn good profit from this stock market. You must have liked this blog very much. If you liked the blog, then share it with your friends and if you have any confusion, then you can ask by commenting below.
Also Read: Best Investments With High Return 2023
FAQs Of Swing Trading
What is swing trading?
Swing Trading is a short-term trading strategy where an investor buys and sells securities over a period of a few days to several weeks. The goal is to profit from price changes, or "swings," in the market.
How do I choose stocks to trade using the swing trading strategy?
To choose stocks to trade using the swing trading strategy, traders may look for stocks with high trading volume, strong trend lines, and good technical indicators.
What is the best swing trading strategy for beginners?
The best swing trading strategy for beginners is to start with a simple, well-defined strategy and to focus on mastering it before moving on to more advanced strategies.
What is the best demat account in India?
The best demat account in India will vary based on individual needs and preferences, but some of the most popular demat accounts include those offered by Zerodha, Groww, Upstox, ICICI Direct, HDFC Securities, and Kotak Securities.
What is the minimum investment amount required to start swing trading in Angel One?
The minimum investment amount required to start swing trading in Angel One is determined by the individual startup and the terms of their investment opportunity.