Intraday Stock Calculator

Intraday trading, or day trading, is a dynamic and fast-paced approach to the stock market where traders open and close positions within the same trading day. Traders engaged in intraday activities capitalize on small price fluctuations to profit from the market's volatility. Unlike traditional investing, which involves holding stocks for an extended period, intraday traders aim to capitalize on short-term price movements. This form of trading demands quick decision-making, strategic planning, and a thorough understanding of market movements. Successful intraday trading involves not only predicting the direction of the market but also strategically determining entry and exit points to maximize returns and minimize risks.

Why Intraday Stock Calculator is necessary to the traders?

When I want to trade, I use a calculator to find how many shares I can trade with my available capital, target price, and stop-loss price. It takes time to calculate manually one by one. Calculating target price and stop loss price are different formulas for buy and sell trade. It is essential to make a quick decision to trade intraday. Given this challenging scenario, I implement this Intraday Stock Calculator to reduce the time a trader takes to enhance the traders. By using this calculator, traders can quickly decide how much quantity can be bought or sold for the trade by providing minimum information. So, let’s have a look at how this calculator works.

How to use this Intraday Stock Calculator?

CAPITAL: Input the amount for which you will make a trade. Insert how much money you will invest for a single trade. By default, its value is 100,000; you can modify whatever you trade.

LEVERAGE: Leverages are given by brokers to amplify trading power, e.g., 5x, 10x, etc, of your capital; different brokers have different leverages on different stocks. So input your preferred leverage accordingly or leave it as default value 1 for no leverage.

TYPE: Select the type of trade, BUY or SELL. The default value is “BUY”. If you select wrongly for your trade, it will display a vast difference in results, i.e., target and stop loss, so select the TYPE wisely.

PRICE: Enter the last traded price (LTP) or the stock price for which you will make the trade.

After the above four fields have been inserted, click the “CALCULATE” button to populate the Quantity and Total Amount fields. The Quantity field will display how many numbers of shares can be traded, and in the Total Amount field, how much amount (money) will be incurred for the trade.
Note: The total amount excludes brokerage charges.

Two tables will also display the result, one for TARGETS and the other for STOP LOSSES.

In the TARGET table, the first column shows the “%” (percentage) from 0.25% to 2%, and the second column shows the target price as per the percentage of LTP you mentioned while calculating. The third column shows profits according to the percentage and prices of the trade. Likewise, the STOP LOSSES table also shows the percentage, price, and loss of the trade as per the given criteria.

In this way, a trader can benefit by using this tool by providing minimum input and getting the required information for his intraday trade.

Minimizing Risks through Calculations

A cornerstone of our intraday stock calculator is its capacity to minimize risks through meticulous calculations. By incorporating a range of stop loss options from 0.25% to 2%, traders can tailor their risk exposure to align with market conditions and personal risk tolerance. This dynamic approach ensures that, even in the face of unexpected market fluctuations, traders have a strategic safety net. Understanding the potential downside through precise calculations empowers intraday traders to make swift decisions that protect their capital, fostering a resilient trading environment.

Maximizing Profits with Informed Decisions

Beyond risk mitigation, our intraday stock calculator becomes a powerful ally in maximizing profits through informed decisions. The tool's ability to calculate multiple targets allows traders to set realistic and achievable goals. Whether aiming for conservative gains or reaching for more aggressive targets, the calculator provides the numerical foundation for strategic entry and exit points. This precision, rooted in real-time calculations, gives intraday traders a decisive edge in capturing profits while navigating the volatile currents of the market.