NEW DELHI: Indian market regulator Securities and Exchange Board of India (Sebi) conducted an extensive analysis of intraday trading patterns. The results reveal a surprising correlation between trading performance and relationship status.
The study indicates significant differences in trading behaviors and outcomes based on marital status and gender.
Married traders outperformed singles
Sebi’s study on intraday trading in the equity cash segment suggest that married traders consistently outperformed single traders in several key metrics during the financial years FY19, FY22, and FY23.
The proportion of loss-makers was lower among married traders compared to their single counterparts.
“On comparing single vs married traders group, married traders group had a higher proportion of profit-makers than single traders group across all the three years,” the study revealed.
Also, group of married traders had lower proportion of loss-makers than single traders across years as 75 per cent of single traders were loss-makers during FY23, while the number of married loss-making traders was 67 per cent.
Moreover, married traders executed a higher average number of trades, indicating greater market engagement and activity.
Female traders had higher proportion of profit-makers
The study also revealed that Female traders consistently had a higher proportion of profit-makers compared to male traders across all the years analyzed.
“Proportion of profit-makers among the group of female traders was higher as compared to the group of male traders, across all the three years,” study stated.
In FY23, male traders with an annual intraday turnover exceeding Rs 1 crore incurred an average loss of Rs 38,570, while female traders experienced an average loss of Rs 22,153. Interestingly, the proportion of female intraday traders declined from 20 percent in FY19 to 16 percent in FY23.
Young traders incurred more loss
Sebi’s study also indicated that the proportion of loss-makers was higher among younger age groups. In FY23, traders over 60 years old had the lowest percentage of loss-makers (53 percent), while those under 20 years old had the highest proportion (81 percent).
Despite the insights gained from the study, it is important to note that 7 out of 10 individual intra-day traders in the equity cash segment incurred losses in the financial year 2022-23.
However, the number of individuals participating in intraday trading in this segment surged by over 300 percent in 2022-23 compared to 2018-19, highlighting the growing interest.
The study indicates significant differences in trading behaviors and outcomes based on marital status and gender.
Married traders outperformed singles
Sebi’s study on intraday trading in the equity cash segment suggest that married traders consistently outperformed single traders in several key metrics during the financial years FY19, FY22, and FY23.
The proportion of loss-makers was lower among married traders compared to their single counterparts.
“On comparing single vs married traders group, married traders group had a higher proportion of profit-makers than single traders group across all the three years,” the study revealed.
Also, group of married traders had lower proportion of loss-makers than single traders across years as 75 per cent of single traders were loss-makers during FY23, while the number of married loss-making traders was 67 per cent.
Moreover, married traders executed a higher average number of trades, indicating greater market engagement and activity.
Female traders had higher proportion of profit-makers
The study also revealed that Female traders consistently had a higher proportion of profit-makers compared to male traders across all the years analyzed.
“Proportion of profit-makers among the group of female traders was higher as compared to the group of male traders, across all the three years,” study stated.
In FY23, male traders with an annual intraday turnover exceeding Rs 1 crore incurred an average loss of Rs 38,570, while female traders experienced an average loss of Rs 22,153. Interestingly, the proportion of female intraday traders declined from 20 percent in FY19 to 16 percent in FY23.
Young traders incurred more loss
Sebi’s study also indicated that the proportion of loss-makers was higher among younger age groups. In FY23, traders over 60 years old had the lowest percentage of loss-makers (53 percent), while those under 20 years old had the highest proportion (81 percent).
Despite the insights gained from the study, it is important to note that 7 out of 10 individual intra-day traders in the equity cash segment incurred losses in the financial year 2022-23.
However, the number of individuals participating in intraday trading in this segment surged by over 300 percent in 2022-23 compared to 2018-19, highlighting the growing interest.