Share Market jargons - Confused

Hi I would like to knaow about the following

Is short sell necessarily be day trading?

What is margin trading?

What is buymargin?

What is sellmargin?

I receive a daily margin statement from sharekhan for whatever I trade and then I am confused because it uses various terms which I am not aware of,

Margins Available till T day
Funds (A)
Value of Securities lying in margin(after Haircut) (B)
Bank Guarantee / FDR (C)
Any Other approved form of margins (D)
Total Margins Available (E=A+B+C+D)

Margin required by Exchange/NSCCL end of T day

Initial Margin (F)
Exposure Margin (G)
Total Margin (H=F+G)

Excess/Shortfall w.r.t. requirement by Exchange/ NSCCL (I=E-H)
Additional Margin required by member as per RMS (J)
Margin Status(Balance with Member/ Due from client) (K=I-J)

How to read the margin statement and what is its use?

What is Haircut and Haircut percentage? What is its importance?

Somebody please help.

Just simple plain advice.Google for it.
Just a starter.Communicate with your broker customer care and ask.

http://www.sharekhan.com/learn-about-stock-market/51/home.htm

1. No, it is not necessary to short sell to be a day trader. It is your personal style of trading. If you are a long biased trader, you look to buy stocks and sell the same at a higher price later. If you are short biased trader, you generally look to sell stocks, and then buy it back at a lower rate. You can choose either based on your view of the market/stock.

2. Margin trading is when you are allowed to take a certain trade based on leverage. i.e, you can buy more than what is your current available cash balance in your trading account.

3. Buy margin is when the broker allows you to buy more stock than what would be allowed if you were to pay for it completely.

4. Sell margin is when the broker allows you to sell stock that you don't actually own. You sell the stocks first and then buy it back later. This again is sold based on leverage provided to you by your broker.

5.
-Funds is the available cash in your trading account.
-If you are holding (own) shares, your broker provides you with a facility to take leverage against these shares that you own. It is not mandatory but by choice only. So if you decide to take this facility, you will be given additional margin that you can use to trade.
-The exchange allows clients to provide margins in the form of bank guarantees. So if you have provided the same to your broker, the equivalent amount is then credited to your trading account.

So therefore, the total amount that you can trade with is the summation of the above values.

6. Initial margin is the margin that the exchange requires the client to keep with them while entering a position. This is stipulated by the exchange.

7. Exposure margin is the margin that is further blocked by your broker in order to enable you to hold the positions through the volatility in the market. So even if the position goes against you by a few points, you are not squared off by the broker as you have provided a further cushion amount with them.

So therefore, your total margin required is summation of 6 and 7.

8. So whenever your total balance in your trading account is lesser than the total marigin required (summation of 6 and 7), you will have a debit balance. Which means you will have to provide additional funds in your account.

9. So in order to avoid a square off under these circumstances, the Risk Management System requires you to deposit a further margin.
The difference between your margin required and the total funds is the funds that you need to provide for RMS.

10. Haircut is nothing but the discount received on a certain value.
Eg: If you have demat holding of 100000, if the broker provides you margin with a haircut of 40%, that means you will be given the balance (60% of 100000) as margin.

Hope this helps. Cheers