Comment on Intraday stock trader par excellence
commented on
11 Jan 2015, 07:03 PM
Because you trade using MIS, with 1lk you can buy upto 20lks worth of stocks for intraday. All such positions are squared off at 3.20pm. Whatever is the profit/loss you make is credited/debited. Say if you take a position with 1lk, and you lose 50k as loss on that trade, our risk management team will square off your positions to the extent your remaining 50k can hold.