Role of Fundamentals in Intraday Trading

In my new journey of BlackSwan Financial Markets B-School and setting up a broking office in association with RLP Securities I would like to share some of my observations

1. The role of comprehensive view of Market Context. Often beginning traders may be looking at price levels or chart patterns, where as they need to put all this into sectoral context, Traders Behavioral reaction patterns, planning the trade in terms of risk
2. It is taking time for me to get reconciled with lack of control when the trader is given a free hand and the limitless environment of trading will make the trader go aggressive at the wrong time.
3. As often the Chair admonishes in DailySpec, beginning traders fail to scratch the trade, when survival is very near.
4. The importance of survival cannot be overstated
5. Market tuition fees must be paid so that it repeatedly drills the riskmanagement rules into the trader's head.
6. The importance of market context was highlighted on Friday's trade when I am trying to trade Pharma stocks from the Short side.
7. Often CNBC's hyping of certain stocks or sectors may give the intraday trader fade the sentiment extremes.