Its very important for Intraday traders to follow strict descipline and every one agree. What is descipline???? What else can make intraday trading successful?
As per my observation.
1) Avoid using Margin amount.
2) Strictly use SL.
3) Trade in Fixed quatity.
4) Have some target for daily profit and close once you are done. You never know if it will eat your earnings or prone into loss. In short avoid over trading.
5) Simply use Technicals and avoid trading on news. Very Important.
Pls post your comments/views and request you to share your successful intraday strategies/techniques.