Hello Friends
I am relatively new to the world of trading and have done a bit 2 years back and that was ill informed swing trading. Anyways, now I am doing my due diligence and doing my share of research and reading on equity intra day and options trading.
I had a scenario which came to my mind and share with you for your valuable inputs and corrections/suggestions, please do read and let know your thoughts:
In case of intra day share trading if suppose i buy some shares of a company with the expectation that it would rise by the end of day; but if it does not happen and the stock goes down say by 2:50pm i can always decide to change that intra day and make it into a delivery and those shares go into my Demat account. I can always wait for an indefinite no. of days till the shares start to rise and say after 10 days it is higher than i bought and then i can always decide to sell that. So i do not find much risk in intraday , except for 2 negatives one is that i would have to pay more brokerage while taking delivery than and then while selling i would have to pay DP charges ? Isnt it? Or is there anything i am missing.
Thanks
I am relatively new to the world of trading and have done a bit 2 years back and that was ill informed swing trading. Anyways, now I am doing my due diligence and doing my share of research and reading on equity intra day and options trading.
I had a scenario which came to my mind and share with you for your valuable inputs and corrections/suggestions, please do read and let know your thoughts:
In case of intra day share trading if suppose i buy some shares of a company with the expectation that it would rise by the end of day; but if it does not happen and the stock goes down say by 2:50pm i can always decide to change that intra day and make it into a delivery and those shares go into my Demat account. I can always wait for an indefinite no. of days till the shares start to rise and say after 10 days it is higher than i bought and then i can always decide to sell that. So i do not find much risk in intraday , except for 2 negatives one is that i would have to pay more brokerage while taking delivery than and then while selling i would have to pay DP charges ? Isnt it? Or is there anything i am missing.
Thanks