What Is It Like to be Rich From Day Trading

Bhanwar Saini
4 min readFeb 23, 2021
Photo by Austin Distel on Unsplash

Intra-day trading is buying and selling stocks on the same day. Countless traders do this type of day trading to earn quick money. Day traders exit positions before the market closes to avoid uncontrollable risks and negative price breaks between one dayʹs close and the next dayʹs price at the open. Some of the more regularly day-traded financial instruments are stocks, options, currencies, contracts for difference, and a host of futures contracts such as equity index futures, interest rate futures, currency futures, and commodity futures.

Because of the nature of financial support and the rapid returns possible, day trading results can range from very profitable to extremely unprofitable, and high-risk profile traders can generate either huge percentage returns or huge percentage losses. Here, financial leverage, which is more known as leverage or trading on equity, relates to debt to get additional assets.

Do you wish to know who can become a millionaire by carrying out day-trading? The answer to this is the Stock Broker! After years of detailed analysis, we have concluded that the one who consistently makes money through intra-day trading is not the trader, nor the investor, nor others but the stockbroker.

In the year 2016, CNBC had produced a competition for all SEBI Registered Investment Advisors where-in our