BIG FLASH NEWS SEBI's Study on Intraday Traders
- *Losses Incurred*: 70% of individual intraday traders in the equity cash segment incurred losses in FY23 ¹.
- *Increase in Intraday Traders*: There was a 300% increase in individual intraday traders in FY23 compared to FY19 ¹.
- *Young Traders*: The share of young intraday traders (age less than 30 years) increased to 48% in FY23 from 18% in FY19 ¹.
*Frequent Traders*: 80% of traders who executed more than 500 trades in a year incurred losses.
*Trading Costs*: Loss-makers spent an additional 57% of their trading losses as trading costs,
*My View- Don't blindly believe if somebody says they made HUGE profits Daily trading*
*Profits always shared in public*
*Losses kept secret*
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