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Wish Lay
Wish Lay
Asked: May 21, 20222022-05-21T08:48:24+05:30 2022-05-21T08:48:24+05:30In: Business

What do you think are the benefits and drawbacks of intraday trading?

Give your opinion: What do you think are the benefits and drawbacks of intraday trading?

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    1. Megha
      2022-05-21T08:52:44+05:30Added an answer on May 21, 2022 at 8:52 am

      Intraday trading can be a great way to make some extra money, but it can also be risky. Here are the benefits and drawbacks of intraday trading so you can decide if it’s right for you.

      Benefits:

      1. You can make a lot of money in a short amount of time.
      2. Intraday trading can be a great way to learn about the stock market and how it works.
      3. You can take advantage of market fluctuations to make profits.

      Drawbacks:

      1. You can also lose a lot of money in a short amount of time.
      2. Intraday trading can be very risky.
      3. You need to have a good understanding of the stock market before you start trading.
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