What is Intraday Trading?
Intraday trading opens and closes positions within the regular session without overnight hold.
Formula
Intraday Trade Example: 9:15 AM: Market opens 9:30 AM: Buy 1,000 shares at ₹200 Position value: ₹2,00,000 Margin used: ₹20,000 (10x leverage) 12:00 PM: Price rises to ₹205 Unrealized profit: ₹5,000 2:00 PM: Sell 1,000 shares at ₹205 Realized profit: ₹5,000 3:20 PM: Deadline passes (already exited) Net Profit: ₹5,000 (25% on ₹20,000 margin)
Indian market context (NSE)
Reference levels: Nifty 50 at 24,300, Reliance Industries at ₹1,300, Bank Nifty futures at 55,000 (lot size 30). Examples below show how Intraday Trading shows up on Indian index, equity, and futures books — update to live quotes in your journal.
Nifty 50 perspective
Intraday Trading in Indian context at Nifty 24,300: apply SEBI/regulatory framing where relevant and tag index trades separately in weekly review.
Reliance Industries perspective
Intraday Trading using Reliance at ₹1,300 as a liquid large-cap example — adjust numbers to your live quote and contract note.
Bank Nifty futures perspective
Intraday Trading with Bank Nifty futures at 55,000 — respect lot size 30 and quarterly vs monthly contract rules on NSE.
How to validate
- Validate Intraday Trading only after costs — gross win rate can hide negative expectancy.
- Use walk-forward windows (e.g. last 60 / prior 60 trades) for stability.
- Retire or refactor the tag if Intraday Trading expectancy turns negative with 50+ trades.
- Ensure no overlapping tags duplicate the same trades.
How to track in TradeLyser
- Define Intraday Trading in Strategy Board with entry/exit/skip criteria.
- Enforce single-tag discipline — no secondary discretionary entries.
- Review expectancy, win rate, and avg R monthly on the tag only.
- Archive tag version when rules change; do not blend old and new trades.
Best practices
- One playbook page per Intraday Trading strategy with non-negotiable rules.
- Paper trade rule changes for two weeks before live size.
- Track costs explicitly on high-frequency Intraday Trading variants.
- Compare versioned tags after each rule amendment.
Common pitfalls
- Adding discretionary trades under the Intraday Trading tag.
- Scaling up after one lucky week of Intraday Trading results.
- Ignoring brokerage drag on high-frequency variants.
- Retiring a tag without exporting final statistics.
How to use this in TradeLyser
Tag intraday only; separate from overnight and positional tags.
Related terms
Day trading opens and closes positions within the same session, avoiding overnight gap risk on cash products.
Overnight position remains open from one session close to next open — exposed to gap moves.
Scalping is a style of very short holding periods — seconds to minutes — harvesting small moves with strict risk and high attention.
Trade frequency counts closed trades over a time window — day, week, or month.
FAQ
MIS intraday India?
Product auto-square — know broker cutoff.
Intraday on illiquid options?
Spread costs dominate — filter symbols.
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