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Step 1
First we need to know that there are two kind of Daily Intraday Investment types: Long and Short positions.
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Step 2
By Choosing Long we will make profit if the stock price is in up direction.
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Step 3
By Choosing Short we will make profit if the stock price is in down direction.
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Step 4
It is suggested to buy in 100 multiples,
e.g. 100, 200, ..., 1000 units of each stock, because it's easy to control and calculate profits, e.g. if we bought 100 stocks of MSFT (Microsoft stock) in Long position and price rise in 0.30 cents than we've made a profit of 30$ -
Step 5
Use great sites like http://www.winstocks.net that suggest free daily stocks picks.
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Step 6
Use Stop loss command after you've placed the buying order in order to prevent big losses in case that the stock price is going in the wrong direction.
If you won't place stop loss command it's like driving in a car without having brakes. -
Step 7
Decide in up front what will be the exit point for selling the position.
Don't be too greedy it's better to have small profits at each time than a big loss at once.
