Comment on Intraday stock trader par excellence
commented on
13 Jul 2016, 01:41 PM
Assume you’ve bought 1000 shares and they’re being held in the trading account. These are your delivery holdings that you intend to hold for long term. If you do an Intraday trade in the same stock, it’ll get earmarked as Speculative trades and will have no bearing on the 1000 shares that you already hold. The reports on Q are built to this effect.
Anything that isn’t Intraday or more than a year old, is short term.