SEBI report unveils shocking insights into intraday trading

Want to know the quickest way to lose your money? Try intraday trading. A recent SEBI report disclosed that seven out of 10 intraday traders incurred losses between FY19-FY23. Not just that, the report highlighted some startling figures pertaining to intraday trading. Here are the key highlights. Highlights of SEBI's intraday trading report Intraday trading is on the rise: Between FY19 and FY23, the number of intraday traders skyrocketed a massive 4.6 times. Small traders are fueling this growth: Small traders, i.e., those with an annual turnover of less than Rs 50,000, accounted for 56 per cent of all intraday traders in FY23, up from 27 per cent in FY19. However, the bottom 78 per cent of traders, which includes all the small traders, contribute only one per