Hello,
I am new to trading and I use icicidirect. The problem is I dont have time for intraday trade as I monitor them once a day.. So when I buy a stock it takes 3 to 4 days before I can sell it due to the settlement cycle and when I sell it it takes another 3 days for me to get the money to reinvest it... I did see options like MarginPlus etc but it looks like I will need to sqaure the trade at the end of the day..
I am sure there are better ways to do this.. Please advice
I am new to trading and I use icicidirect. The problem is I dont have time for intraday trade as I monitor them once a day.. So when I buy a stock it takes 3 to 4 days before I can sell it due to the settlement cycle and when I sell it it takes another 3 days for me to get the money to reinvest it... I did see options like MarginPlus etc but it looks like I will need to sqaure the trade at the end of the day..
I am sure there are better ways to do this.. Please advice