Can I rich from intraday trading?

Day trading does not help one get rich overnight. Many of the traders start intraday trading with an assumption that they can generate good money by making profits with just a single trade. If you wish to earn good with intraday, then traders need to study and dedicate themselves and learn with experience.

How much can intra day traders earn?

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.

Who is wealth SaGa?

Led by Garima Dubey and Sumit Dubey, and IIT alumnus, who keeps equal interest in both Indian and US Stock Market.

What is telegram trading and how does it work?

Telegram is more focused on privacy than other messenger apps. You can also use more messaging bots on the trading platform — better than what you can get on WhatsApp. Traders can take advantage of the RSS and automated bots to create broadcasts and share them with their group members.

What is intraday trading and how to do it?

One such form of trading is Intraday Trading. We would discuss about the following topics: Intraday Trading means buying and selling of stocks on the same day. All intraday transactions are squared off by the end of the trading day. The trader does not take actual delivery of shares.

Is tax audit applicable for intraday trading?

As per the Income Tax Act. the applicability of tax audit can be determined on the basis of Trading Turnover. The definition of turnover is different for each type of trading transaction. In case of Intraday Trading, the Turnover equals Absolute Profit.

What is the difference between intraday trading and speculative loss?

Loss under Intraday Trading can be claimed if Tax Audit u/s 44AD is performed by a professional Chartered Accountant. The loss can be carried forward and set off against future profits to reduce the income tax liability. Speculative Loss can be carried forward for 4 years. It can be set-off against Speculative Business Income only