Comment on Intraday stock trader par excellence
commented on
04 Feb 2018, 11:25 PM
Hi,
how to use margin in Intraday ? im confused. I have account balance of say 10000 say example : Stock ‘SBIN’ price is 200 and Margin is 3x … I selected ‘MIS’ option for intraday and ‘Regular’ option in advance option and i did not put stoploss (because i did not wanted)then , actual i can buy 50 stocks of SBIN because 200*50 , since margin is 3x i should be able to order 150 stocks correct? but when is tried to order 150 quantity the order was rejecting with message “available balance in your account is RS. 20,000”. WHY it is so?
So, Please can any 1 guide me how to order in intraday with margin.