Comment on Intraday stock trader par excellence

Nithin Kamath 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.

View the full comment thread »