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Day trading stocks has the potential to be a very lucrative profession. But the risks are as high as ever for an investor. And day traders must dedicate countless hours of their time compiling research and surfing the web for financial reports and news releases. In fact, it’s a full-time job.
Going ahead, we expect the index to consolidate in the broad range of 12,100-11,500 and form a higher base amid stock-specific activity. Structurally, the index has completely retraced its 19 session’s decline (11,794-10,790) in just nine sessions.
The best day trading platforms are full of features, easy to navigate and cost-friendly. However, many investors don’t know where to begin their search. From online brokerages to mobile applications, there’s a platform that can meet your specific needs.
Apps seem to be doing to the financial system and momentum investing what the cloud has done to technology. They’re breaking it up. They’re creating a new world and leaving the old one behind. But that world is no more honest than the one it replaces.
Perthshire egg producer, Stuart Retson, used to sell his seconds – eggs too small for supermarkets – in an honesty box by the farm gate. Not everyone was honest. They also swapped eggs around to take the larger ones, damaging stock. Then, six years ago, he replaced the box with an automatic vending locker. The…
Nifty has formed a bullish candle on the daily and weekly scales and gave its highest weekly close in the last 31 weeks since 20th Feb 2020. The index continued its winning streak for the seventh consecutive session on Friday and rallied by more than 1,100 points in the last 11 trading sessions. Now it…
The Robinhood app may have taken its name from the forest-dwelling character and his band of merry men who robbed the rich to pay the poor, but there’s nothing giving about the fintech application that has stolen their money, fuming investors claim. It would seem funds mysteriously had disappeared from the wildly popular app, but…
A quick detail to note before we get into it: What are penny stocks? Those who are new to this world might want to understand the basics, first. Penny stocks are shares of companies that are trading for less than $5 a share. I know there are plenty of other examples from “Pro Traders” that…
New Delhi: The Income Tax Department on Saturday issued a clarification stating that there is no requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares in income tax returns for assessment year 2020-21.