Big Mistake - Didn't cover short. Please help.

[ralph2324]

I'm a client of Angel Broking, Bangalore..

They could not do anything about it.. I'm not sure if they could've or should've..

My fault anyway..

So They it for auction and bought it at 3 rupees above the market price for the day.. Dunno how and why..

Total loss : Rs. 5000 .. No details given..

I'm sad, but it could've been worse..

Going to be extra careful next time..

Thanks all for your help..

 

[bijoymg]

Dear,
This was intraday trade?

 

[chetanbang]

I'm a client of Angel Broking, Bangalore..

They could not do anything about it.. I'm not sure if they could've or should've..

My fault anyway..

So They it for auction and bought it at 3 rupees above the market price for the day.. Dunno how and why..

Total loss : Rs. 5000 .. No details given..

I'm sad, but it could've been worse..

Going to be extra careful next time..

Thanks all for your help..

Don't Angel have Autosquare off? I am with Angel as well, was told autosquareoff to be at 3.30.

 

[ralph2324]

angel does not have auto square off..

however i was told that if you can tell your dealer about it..

he/she can help you by trading in the post market session.

this happens after 3.30 and b4 4.

I hope this is helpful.

I would advise people to not get into day trading if you have no clue.