Financial Education
Question #105
What are Day Trades? Can I make Day Trades (do intraday trading) through Fincare services?
Day trading refers to the practice of buying and selling shares within the same trading day, such that all positions are usually (not necessarily always) closed before the market closes on that trading day. With Fincare services, the intraday trade cut-off time is 3.10 pm. This means you need to square-off your intraday positions before 3.10 pm, otherwise the system will auto-square your intraday positions at 3.15 pm at the best price available in the market.
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