New Delhi: The Securities and Exchange Board of India (SEBI) conducted a study on intraday trading patterns and discovered an interesting factor influencing trading success: relationship status.
The study, which focused on intraday trading in the equity cash segment, found notable differences in trading behavior and results based on whether traders were married or single, as well as between male and female traders. Married traders tended to do better than single traders in several ways. Over the three years analyzed—FY19, FY22, and FY23—the percentage of loss-makers was consistently lower among married traders compared to single traders.
During FY23, male traders with an annual intraday turnover of more than Rs 1 crore faced an average loss of Rs 38,570, while female traders incurred a smaller average loss of Rs 22,153.
The study also showed that married traders had a higher percentage of profit-makers compared to single traders across all three years. Additionally, fewer married traders lost money, with 75% of single traders losing money in FY23, compared to 67% of married traders. Married traders were also more active, making more trades on average than single traders.
Another key finding of SEBI’s study is the comparison between male and female traders. Female traders consistently had a higher percentage of profit-makers than male traders during the years studied, highlighting the trading skills of female investors. However, the proportion of female traders in the intraday segment dropped from 20% in FY19 to 16% in FY23.
The study also revealed that age affects trading outcomes, with younger traders more likely to incur losses. In FY23, traders aged over 60 had the lowest percentage of loss-makers at 53%, while those under 20 had the highest at 81%.
Overall, SEBI’s study found that 7 out of 10 individual intraday traders in the equity cash segment incurred losses in FY23. Despite this, there was a significant increase of over 300% in the number of people participating in intraday trading between FY19 and FY23.
