What to know about intraday trading?
Since intraday trades are squared off and the net position is zero, intraday traders usual prefer to leave the Demat account. This works in two ways; it’s either you buy and sell stocks by the end of the day,or you sell and buy back shares on the same day of trading. It’s obvious that intraday trading is a game of leverage. This implies that your broker allows you to take a trading position that’s greater than your margin money in the trading account. Hence, the risk is higher,and it needs a different skill set and mental preparation when compared to delivery trading.