Top 5 Reasons why Intra-day Traders Lose Money!
Buying and selling the same stock on the same day before the market close is called a day trading. Positional trading is where the stocks are held for more than a day.
Day traders are mostly retirees, housewives, professors, students, small business owners, doctors etc. who may have a little extra time and flexible day schedule. Bullish markets create euphoria on Dalal Street and become magnet for prospect of making fast money. Intraday trading gives instant gratification to these traders since they can make a profit in a few hours or sometimes in minutes. Very few day traders, especially professional traders, make profits on a regular basis. Unfortunately, most of the retail investors make significant losses in intraday trading over a period of time.
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