Intraday Vs. Interday Trading: Everything You Should Know
Thousands of traders seek to make profits in the stock market every day. But stock trading is not everyone’s cup of tea, and losing money seems to be a lot easier than booking profits. So, investors apply intraday and interday trading strategies to make the best use of their resources.
A trading strategy is chosen on the basis of the investor’s risk appetite and investment horizon. The choice also depends on the type of security the investor wants to deal with. Each of these trading strategies has different rules.
Basics of intraday trading and interday trading
Intraday trading relates to trades being settled in a single trading day. In contrast, interday trading involves trading that takes place over more than a single day. Both these trading techniques are short-term trading strategies. So, they focus on short-term trades.
However, the two strategies are distinguished by their respective approaches towards trading, time horizons, and risk profiles.
Before you start trading, it is essential to open a trading account with a broker like Kotak Securities. Now, you can decide on your goal and set the trading strategy accordingly.
Differences between intraday and interday trading
In case of intraday trades, the trading horizon is …
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