When can I expect to receive my intraday profits?
The settlement cycle for intraday trading is typically T+1, meaning the trade is settled within one trading day. This means that if you make a profit on a trade, the funds should be credited to your trading account on the next trading day after the trade is executed.
Withdrawal: After your intraday profits are credited to your trading account, you can usually choose to withdraw these funds.
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When can I expect to receive my intraday profits?
In intraday trading, the settlement cycle usually follows a T+1 pattern, meaning the trade is settled within one trading day. Consequently, if you earn a profit from a trade, the funds should be deposited into your trading account on the subsequent ...
How to convert Intraday trades into delivery?
To convert intraday trades into delivery, you typically need to follow these steps: 1. Check Exchange Rules: Before proceeding, ensure that the stock exchange where you trade allows intraday trades to be converted into delivery. Not all exchanges or ...
If the IPO is not allotted to me, when can I expect to receive the refund?
· Funds are unblocked after shares are allotted in an IPO. · The mandate for IPO applications is typically revoked after allotment. · Upon revocation of the mandate, the blocked funds will be released to your bank account. Note: Some banks may wait ...
What is Intraday and Delivery Trading?
Intraday Trading and Delivery Trading are two distinct trading strategies for stock market participants. Here’s a detailed explanation of each: Intraday Trading Definition: Intraday trading involves buying and selling stocks on the same day. The ...
Does Swing trader give any intraday recommendations?
No, the swing trader does not give any intraday recommendations. Neither does it recommend for derivatives. The swing trader has positional calls for 2 to 20 days. However, the swing trader gives around 8 to 10 stock recommendations in a week, ...