Intraday trading refers to buying
and selling of securities within the
same trading day.
Intraday trading allows traders to make quick profits within a short period of time. Traders can buy and sell securities on the same day and make profits based on the fluctuations in the market.
Intraday trading involves highly liquid stocks that are traded frequently throughout the day, allowing traders to easily enter and exit trades.
Unlike long-term investments, intraday trading involves a lower degree of risk because traders do not hold their positions overnight, and thus avoid movements.
Control over Investments
Intraday trading allows traders to have greater control over their investments, as they can monitor the market movements throughout the day and take quick decisions accordingly.
Opportunity to Learn
Intraday trading provides traders with an opportunity to learn about market fluctuations and how they impact various stocks. This can help traders to gain a better understanding of the market and become better investors over time.
Develop trading skills
Intraday trading requires a specific skill set, including technical analysis and risk management. By engaging in intraday trading, traders can develop and refine their trading skills, which can be beneficial in the long term.