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What is day trading in stock market?
Intraday trading, also called day trading, is the buying and selling of stocks and other financial instruments within the same day. In other words, intraday trading means all positions are squared-off before the market closes and there is no change in ownership of shares as a result of the trades.
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What is API in stock market?
An application programming interface, or API, is a set of programming code that queries data, parses responses, and sends instructions between one software platform and another. APIs are used extensively in providing data services across a range of fields and contexts.
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When you buy a stock, where does the money go?
The first time a company sells stock, it is called and Initial Public Offering (IPO). When you purchase stock during the IPO, the money goes to the company whose stock you are buying.