Benefits of Intraday Trading In India
Benefit of Intraday Trading in India: In Intraday trading, commonly known as day trading, the positions are closed and open on the same day. Many beginners in the stock market are afraid of Intraday trading as they have heard stories of huge losses. If you are also among the people who are afraid of Intraday trading, you are familiar with only one side of the coin.
Intraday trading indeed faces high fluctuations making it risky, but at the same time, it has the potential to provide you the very high profits.
To date, if you have just heard about the disadvantages of Intraday Trading, we will introduce the Benefits of Intraday Trading.
Benefits of Intraday Trading in Zerodha (India)
People don’t know the many benefits of Intraday trading as they only focus on the Risk factor. Here, let’s discuss the benefits of intraday trading.
1. No worry about Overnight risk
Intraday trading does not demand keeping your shares in the Demat Account, so there is no overnight risk. You don’t have to worry about the market trend the next day, and you will be tension free even if any remarkable fluctuation happens in the market after closing time. You only have to make use of the subsequent gains and enjoy them. Every new day brings you the opportunity, and you don’t have to look back to the same share.
2. Short Selling
Does every day trader worry what will happen wif the market move against the sentiments? But, if you’re a smart trader, you can earn benefits from the falling market.
You can profit by short selling where you sell the share first when the price is higher and then purchase it during the price drop. But, you have to do selling and purchasing on the same day.
3. Extra Income
Traders get the opportunity to generate a supplementary income through day trading. For the people, who use the money to make more money, Day trading is the best option for them. You can earn a constant income by grabbing the fundamentals of Intraday trading.
4. Work from home
The benefit of Intraday trading is that you can work from any corner of the world, You need a laptop, internet connection, and funds. No matter, if you are employed or unemployed, you can choose day trading as your source of income. If you’re busy and don’t have enough time to spend on trading, you can trade on the weekends. If you don’t like the 9-5 monotonous job, why not try your hands on Intraday trading.
5. Numerous Opportunities every day
You can make a limitless amount of money every day through Intraday trading. If you are good at it, you can earn a pretty good return on your capital. Although becoming a successful trader is not easy, constant learning and hard work can take you to the top of the trading world.
6. Minimal Investment
Intraday trading does not demand a fat investment, You can start with a minimum amount of Rs.10,000. You can even trade with the 1 unit of trade. You get a chance to start small and then gradually increase the investment. Intraday trading has no startup capital barriers, You can invest as much you like.
Intraday trading is the best option if you want to make money and are willing to learn, read and practice. Don’t be afraid just because you have heard stories of some naysayers of trading. You can earn profits if you trade smart.
Benefits of Intraday Trading In India 2022: FAQs
Q1. What is the timing of Intraday Trading in India?
Ans. The Intraday Trading window time is 9:15 AM to 3:30 PM.
Q2. What is the minimum amount to start the Day trading?
Ans. There is no minimum limit for Intraday trading. You can invest the amount you wish.