Intraday trading promises high returns and thus may sound very attractive. But it also carries a higher risk compared to the delivery segment. So if you have a day job that requires your full attention for most of the trading hours, you may want to avoid intraday trading.
Is intraday trading profitable?
Intraday trading requires two parties for a trade, one to sell and the other to buy the stocks. The market is very volatile, and profits do not depend only on the market going up. You can make a profit even when the market is moving downtrend.
How much can I earn in intraday trading?
You may be able to double your money with a single trade or even halve it, depending on your ability to judge intraday metrics. You may be wondering how much you can earn from the stock market. It can go up to Rs 1 lakh a month or even higher if you are skilled enough and your strategies are in place.