How to calculate profit in intraday trading?
There are thousands of day traders executing intraday strategies to earn profits daily. Intraday trading works on the opportunities provided to the day traders on price changes for a given asset. Trading on these minor price changes on a day-to-day basis is called intraday trading. As these changes are very minor and also because they […]
The ever-increasing debt of students and why they can’t pay it off
“The thought of being rich is more expensive than anything else” Remember when our parents used to give us pocket money that we had to live off for the entire month? In fact, there were times when we got a little extra and we used to be on top of the world. Fast […]
How is the drug cartel economy better than most governments?
Believe it or not, most countries’ GDP heavily depends on the money from illegal substances and the drug trade. In countries like Mexico, South America, and Central America, the drug cartels surprisingly use very streamlined and convenient business models similar to stores and franchises across the world. From having an exclusive chain of […]
What is Scalp trading? How does it work?
Scalp trading, also known as Scalping is a process that helps traders make profits from minor movements in prices often including small and frequent trades. The profits are made in small numbers per trade from the pip movements. It’s a trading style that traders use to buy assets at a lower price and sell […]
What is the difference between fund balance and security balance?
If you have a trading and demat account, you might have come across the message ‘Your Stock Broker Reported Your Fund Balance’ multiple times. These monthly messages are sent by NSE, BSE, and MCX with the monthly updated details of funds and securities. This is a new initiative of SEBI’s supervision. You must have wondered […]
How can every regular working person combat inflation?
With inflation being at an all-time high, it’s safe to assume that the coming months will be quite uncertain for the economy. And because of this, the rising prices of everything are just an example of what we could expect. As scary as it sounds, the truth is that it’s nothing we haven’t […]
Best Investment Plans For Senior Citizens
The best part about investing is that it’s meant for everybody. Whatever goal you have with your wealth at a younger age or post-retirement, there’s always that one plan that you can feel comfortable with. When it comes to investing as senior citizens, there are a few important factors to consider. As you’re seeking […]
Why don’t rich people pay taxes?
Paying taxes has always been a daunting thing for most people to do. Indian employees with normal jobs across almost all industries pay up to 30% of their income as taxes every year. Across the US, this number even rises to 35%. But on the other hand, people in the higher income brackets […]
Direct vs Regular Mutual Funds – A direct comparison
Mutual funds have two schemes for their plans – Direct and regular plans. Some key differences will help you to choose between the plans that are right for you. Even though both the plans have their respective benefits, you need to understand what works best for you in terms of investing in different plans and […]
Elon Musk and Twitter: The best frenemies
Imagine you are asking somebody for a date and are trying to confirm whether they are already seeing somebody or not. Neither is the date accepting it nor are they denying it. Frustrating, right? That’s the state of Elon Musk and Twitter right now. Even the people that haven’t even heard of an Elon Musk […]
