PLS HELP THIS NEWBIE.. What is Brokerage for Delivery & Brokerage for Intra day?

#1
Dear friends,

Today only i came to know about this fantastic site...
Actually i was very interested in stock market trading.. was struggling very hard to learn it.. so pls help me.. am from a middle class family and very very new to this share market trading... but i ve confidence that i will succeed in this field by learning it...

Am considering all ur guys as my own brothers to help me out to learn.. pls...
Hope i can start my doubts...

* What is meant by Brokerage for Delivery and Brokerage for Intra trading?
* I guess i have to open Trading and Demat acc.. Googled thru net and found that opening those accounts in a private brokerage centers like Indiainfoline/sharekhan/Geojit etc., etc., is good than opening in the banks... is it true?
* Am nearer to chennai... Can anyone pls suggest me the most reliable DPs for a newbie like me... pls...
* And any basic informations/guidance to this newbie... pls.....

Regards,
Ur bro..
 
#2
Googled and found that,

Intraday trading: you buy and sell the same day without actually getting the shares in your account.

Delivery based trading: you actually get the stocks you buy and then can sell whenever you want to...

so plss guide me for my any other questions mentioned in the prev post..
 

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