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20 April, 02:34

Buying stocks on the chance of a quick profit without considering risks is known as

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  1. 20 April, 02:43
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    The correct answer is speculation.

    Explanation:

    Buying stocks on the chance of a quick profit without considering risks is known as speculation. Speculation involves trading a stock involving high risk, in expectation of significant returns. The motive is to take maximum profit from fluctuations in the market. Speculators are prevalent in the markets where price movements of securities are highly frequent and volatile.
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