A discount broker will go a long way in keeping the charges low for intraday trades. It ensures more money in your pocket. Avoiding loss in intraday trading is a function of market psychology, knowledge, position sizing, and stop loss. All of the 3 needs to be combined to avoid losses. However, losses cannot be avoided entirely, and one can only limit them. With this thought process in mind, let us go through a list of points, which will help to manage intraday trading risk considerably. 1. Rely on position sizing Position sizing plays an important role in limiting losses. The concept means that you are willing to loose only…