70% of intraday traders making losses: SEBI report

A study conducted by SEBI has found that more than 70% (7 out of 10) of individual intraday traders in the equity cash segment have incurred losses in FY2022-23.

Why does it matter?

There has been a surge of over 300% in the number of individuals participating in intraday trading in the equity cash segment in FY 2022-23 compared to FY 2018-19

Around 1 in 3 individuals in the equity cash segment trades intraday.

The share of young intraday traders (age less than 30 years) has grown to 48% in FY 2022-23 compared to 18% in FY 2018-19.

The percentage of loss-makers among younger traders (age less than 30 years) was higher (76% in FY 2022-23) as compared to other age groups.

What next?

As William Shakespeare said, “All that glitters is not gold.”

Although trading looks exciting and glamorous, the numbers shared by SEBI paint a different picture.

Please ensure you review your financial plan regularly with a trusted advisor so that it is on track with your aspirations and any deviations can be addressed.