What is the primary goal of intraday trading?
"Investing for long-term growth"
"Generating profits by buying and selling securities within the same trading day"
"Holding stocks for dividend payouts"
"Building a diversified retirement portfolio"
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Which characteristic is LEAST important for a stock to be suitable for intraday trading?
"High liquidity"
"Price volatility"
"Long-term growth potential"
"Alignment with market trends"
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Why is liquidity crucial for stocks in intraday trading?
"It ensures the stock price remains stable throughout the day"
"It allows traders to easily buy and sell large quantities without significantly impacting the price"
"It guarantees profits for day traders"
"It indicates the stock's long-term growth prospects"
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What role does sector analysis play in intraday trading?
"It helps identify sectors with potential for short-term price fluctuations"
"It predicts the long-term performance of specific industries"
"It determines the overall direction of the stock market"
"It assesses the ethical implications of investing in certain sectors"
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How can technical analysis assist intraday traders?
"By providing insights into a company's fundamental value"
"By identifying patterns and signals that suggest potential buy or sell opportunities"
"By predicting long-term economic trends"
"By assessing the management quality of companies"
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