Intraday trading is riskier than investing in the regular stock market. Most traders, especially beginners, lose money in intraday trading because of the high volatility of the stock markets. Convention says that one should not risk over two per cent of their total trading capital on a single trade to ensure the right risk management in intraday trading. It is important, especially for beginners, to understand the basics of such trading to avoid losses - the risk of ignorance is greater than the market risk itself.