hi friends,
i am a newbie in stock market,can anyone pls clear my doubt reguarding scalping, i am confused about its concept ,
if for example if i purchase a share of Rs100 and sell it at Rs 100.05 so is it scalping??
so how many maximum number of transaction can i do in one day pls specify the figure 100,150....
i have heard that scalping is illegal...is it true in this case bcos the wikipedia definition says "Scalping, when used in reference to trading in securities, commodities and foreign exchange, may refer to (i) a fraudulent form of market manipulation or (ii) a legitimate method of arbitrage of small price gaps created by the bid-ask spread.