What is Intraday Trading & Why Should You Read Trading Books?
Intraday trading is a form of stock market trading in which you can buy and sell shares within the same day. The goal of intraday trading is to make profits from short-term price movements in the stock market. Therefore you must be well-versed in the stock market and understand how it works here. In this article, we will discuss the three best intraday trading books in Hindi that you should read if you want to become a successful day trader.
Reading intraday trading books can help you gain insight into the world of stock markets and develop your strategies for successful trades. These books can also provide you valuable advice on risk management, which is essential to minimize losses and maximize profits.
Furthermore, these books can provide tips on identifying profitable stocks and when to enter or exit trades.
Share market training books in Hindi can be especially beneficial for those who are new to intraday trading as they explain concepts in simple language that makes them easier to understand.
The Best 3 Intraday Trading Books in Hindi You Should Read
In order to help you understand the nuances of intraday trading, there are many books written in Hindi that can provide insight into this area. These books cover topics such as stock market basics, technical analysis, and risk management strategies.
These books can also provide valuable tips on how to you can make money in the stock market and what you can do to avoid common mistakes while trading. Reading these books traders gain a better understanding of intraday trading and its associated risks so that they can become an informed trader.
Best Share market books in Hindi
- Price Action Trading Technical Analysis Hindi By Sunil Gurjar – This book, written in simple and easy-to-understand Hindi, is ideal for those who wish to learn Technical Analysis, particularly Price Action, in Hindi. It provides insights on how to time entry and exit more effectively. It is one of the best books to learn price action in Hindi. You can buy this book – here
- Technical Analysis Aur Candlestick Ki Pehchan – Guide To Technical Analysis & Candlesticks Hindi – This book provides basic information on technical indicators, candlesticks and chart patterns. It also helps to understand stop loss and target placement. This is a good book if you are new to the stock market. You can buy this book – here
- Warren Buffett Ke Nivesh Ke Rahasya – This is a hindi traslation of the book ‘the warren buffett way‘ written by author Robert G. Hagstrom. In this book, business and investment principles of value investing are outlined by Warren Buffett, an American businessman and investor. This book is must read if you want to learn about investing. Get the book from here.
How to Utilize the Knowledge from These Books for Maximum Profits?
Learning how to make the most of your investments and maximize profits is a crucial skill for any investor. You can make informed decisions and increase your earnings with proper knowledge. To help you become an expert investor, the above mentioned books provide best intraday trading tips, strategies and insights on how to read stock charts for beginners.
As you read, try to actively engage with the material by taking notes, underlining or highlighting important points, and asking questions. This will help you retain information and reinforce key concepts. If you read about a strategy or chart pattern, go and backtest them on charts. Highlight key concepts and important points from the book. Once you finish reading the book, remember to overlook the notes that you made or the highlights from the book.
This will ensure that all the concepts get imprinted strongly on your brain. It will help you in the live market while trading. Finally, try to combine multiple concepts from the book. For example, If you find a triangle pattern being formed on charts, see if you can see strong bullish candles near resistance. This will increase the probability of profit and also help you get understand the core of technical analysis.
