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Emotions sway our judgments, and we cannot take losses easily. Losses not only bring us financially down but also hurt our egos. Though every time we sell our stocks which have appreciated in value and book profit, but whenever the stocks dive we hold on to it thinking that it will appreciate sufficiently and we will not incur any loss (and neither profit), this way we wait and then come to know that our returns are not even the fraction of our purchase value. You can see there are many benefits of intraday trade