What is Intraday Trading? Full Explanation for Day Trading
What is Intraday Trading?
Intraday stock transactions are stock transactions in the NSE currency department. Daily trading is only conducted during the day, so all open positions will be spread evenly until the close of 3:30 pm. Even earlier at 3:00 pm, some day traders use an intraday technique called scalping, in which positions are held for only a few seconds or minutes. Intraday trading can be very profitable, and in some cases, traders may suffer huge losses.
What is Intraday Cash Call?
If you buy and sell stocks within a day, this type of stock trading is called Intraday trading. For short-term traders who want to trade multiple times during a trading session, the price dynamics during the day are particularly important. Intraday hours are sometimes used to describe securities that are traded on the market during normal business hours.
Advantage of Equity/Cash/Spot Trading
Through spot trading, your chances of winning are higher than other forms of exchange trading. The main advantage of spot trading is that, unlike margin and derivatives trading, there is no time limit for buying and selling stocks. Therefore, when you trade in the currency part, you can hold the stock as needed until you get the profit you want.
Disadvantage of Equity/Cash/Spot Trading
Of course, the biggest disadvantage of trading cash is that you have to pay higher brokerage fees and taxes for transaction delivery. Most cash brokerage services are 10 times higher than margin trading. Brokerage fees are significantly lower than traditional brokerage companies. Brokers like UPSTOX, ZERODHA & ANGEL BROKING and their charges for Delivery calls only Rs - 16
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