“All happy families are alike; each unhappy family is unhappy in its own way” – Leo Tolstoy
Saturday, 4 March 2017
Gamini is an inveterate day trader. He buys small quantities of shares at the stock market hoping that the price will move up during the day, enabling him to sell before the market closes in the afternoon, at a profit. For example, he may at 10 a.m. buy 5,000 shares of stock X at Rs. 20. By 2 p.m. stock X may reach Rs. 22. He will sell at that point, with a profit of Rs. 10,000 minus the brokerage on the transaction.
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