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Showing posts with the label CALCULATION OF INTRA DAY TRADING PROFITS

Crypto Pump Channels On Telegram

  Crypto Pump Channels On Telegram  Crypto pump channels on Telegram are generally not considered legitimate and often involve highly risky and unethical practices. Here are some key reasons why you should be cautious about them: Pump-and-Dump Schemes: Many so-called "pump" channels are designed to manipulate the market. The creators of these channels often buy a large amount of a low-cap coin and then promote it aggressively to create artificial hype. This leads to a sharp price increase (the "pump"), allowing the creators to sell their holdings at a profit. Once they sell, the price crashes (the "dump"), leaving other participants with significant losses. Manipulation: These channels often operate by manipulating the market, creating artificial demand for certain tokens. This can mislead unsuspecting traders into buying coins based on false signals, causing them to lose money. Scams: Many pump groups are run by scammers who use deceptive tactics to gain ...

CALCULATION OF INTRA DAY TRADING PROFITS

  CALCULATION OF INTRA DAY TRADING PROFITS Intraday trading profit is calculated by determining the difference between the price at which you buy and the price at which you sell a security (such as a stock, currency, or commodity) within the same trading day. Here's a step-by-step process to calculate intraday trading profit: 1. Determine the Buy Price and Sell Price Buy Price: The price at which you purchase the asset. Sell Price: The price at which you sell the asset during the same trading session. 2. Calculate the Profit per Unit Subtract the buy price from the sell price to find the profit or loss per unit of the asset. Profit per Unit = Sell Price − Buy Price Profit per Unit=Sell Price−Buy Price 3. Account for Transaction Costs Brokerage Fees: These are charges for placing the trade. Taxes: Such as the Securities Transaction Tax (STT) in some markets. Other Costs: Any other fees like stamp duty, exchange fees, etc. Deduct these costs from the total profit. For example, if the...

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