Complete Guide to Intraday Trading | Learn Trading

The basic principle of these two types of trading remains similar. The difference between intraday trading and delivery trading lies in the option of time taken to close the trade and in the option of taking the delivery.

In intraday, the stocks need to be sold before the market closes on the same day. Even if it is not sold, the broker will close the trade and square off against the market closing rate for that particular stock. You don’t get to own the stock the next day.

In delivery trading, you get an opportunity to keep the stocks you bought until you wish to sell it off. If a stock’s value is constantly growing, traders tend to buy and keep it for a while to sell it off later with a higher profit margin.

Depending on the platform, there is also an option to convert from Intraday to Delivery without any additional charges. With the only condition that the entire stock’s value needs to be deposited to your account, the conversion from Intraday to Delivery can be processed. The 100% deposit will act as a security against the conversion and will not be deducted.

Amid various effective ways to monitor intraday trends, two important indicators always stand out: Moving average and Bollinger Bands.

1. Create your Trade
2. Select the right platform
3. Pick the right stock
4. Choose the amount of your choice
5. Monitor the market closely
6. Stay proactive
7. Set a profit target and close the trade
8. Limit your loss to the minimum
9. Close the trade from your end

You can start Intraday Trading, by opening your free account in just 4 minutes. Join the best site for Intraday Trading in just 4 minutes.