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How to make Rs 5000 per day while trading stocks!

 It may look like a humongous task for a beginner, but if you know the right steps, making Rs 5000 every day while trading stocks isn’t that much difficult. Contrary to what people believe, automated trading isn’t gambling; instead, it requires deep logic and proper strategies. By using computers to replace human lacunae, automated trading makes trading easy and increases the probability of making high profits while reducing losses. Unlike humans, computers do not feel emotions like greed and fear and based upon the algo trading strategies, they make logical decisions – which end up earning you a lot of profit. Without any further ado, let us take a look at some of the steps that you can take to ensure that you earn Rs 5000 a day while trading stocks. #1 Go for liquid stocks When trading in the stock market with the help of intraday trading strategies, it is very important to select liquid stocks. The reason is that they are always in demand and people are always lining up to bu

Advantages of Automated Trading Systems

  Trading in an ever-changing stock market can often become frustrating. There are so many variables that you need to keep track of to ensure that you make the best decisions. But being humans, we’re prone to making mistakes – sometimes analytical and sometimes emotional. Traders often become scared or greedy and end up making the wrong trading decision. But what if we had a mechanism that eliminated the possibility of human error? Well, actually there is – it’s called automated trading. By using algo trading strategies, computer software performs the analysis of the market for you based on the data collected from live feeds and thus, helps you make the best decisions. Let us take a look at some of the advantages of automated trading . Removing the emotional bias Humans are prone to being swayed by emotions, whether it’s fear or greed. Therefore, by eliminating the emotional bias, intraday trading strategies help you make least risky decisions. Amateur traders often invest a lot of

Advantages of automated trading strategies

 Automated trading has been a revolution for the traders. It has not only helped in reducing the risks associated with the trading process, has also been instrumental in catching the attention of a number of people who otherwise wouldn’t even have considered going into the trading market at all. Today, nearly 40% of all the trades that happen at the National Stock Exchange (NSE) happen via intraday trading strategies or automated trading . This new mode of trading has been able to garner so much success in so little time because of a plethora of advantages that it brings to the table. Advantages of Automated Trading There are a number of advantages of using computers to monitor the fluctuating markets. Let us take a look at some of the major ones: Removing emotional bias Two of the worst enemies of a trader that deals in algo trading strategies are fear and greed. Humans are often governed by emotions and against our emotional impulses, our logics often fail. This can cause us