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Atharva Deshmukh
Daily Learnings... • 1y
Different types of Traders:- 1)Day Trader:-A day trader initiates and closes the position during the day. He does not carry forward trading positions overnight.Buy 100 shares of TCS at 2212 at 9:15 AM and sell it at 2220 at 3:20 PM, making a profit of Rs.800/- in this trade. 2)Scalper:-A type of day trader. A scalper usually trades very large shares and holds the stock for less time to make a small but quick profit.A scalper buys 10,000 shares of TCS as 2212 at 9:15 and sells it 2212.1 at 9.16, ending up making 1000/- profit in this trade. 3)Swing Trader:-A swing trader holds on to the trade for a slightly longer; the duration can run anywhere between a few days to weeks. E.g.100 shares of TCS at 2212 on 12th June and sell it at 2214 on 19th June.
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