Question

what is the meaning of square off in intraday

Answer 1

Intraday trading as the name suggests refers to the trading system where you have to square-off your trade on the same day.Squaring off  the trade means that you have to do the buy and sell or sell and buy transaction on the same day before the market close.Intraday Trading is also referred to as Day trading by many.


Hope it's useful.

Answer 2

Q) What Is Intraday Trading ?

Intraday trading in simple words is buying stock on a day and selling it in the same day. To do this you have to constantly look at the charts and graphs of stock and monitor to avoid loss. If you study it wisely you can make a huge amount of profit doing intraday trading but if we go into intraday trading without studying about it you can also lose a lot of money.

Q) What is square off in intraday trading ?

When we buy a stock for doing intraday trading and we don't sell it on the same day then the stock will get automatically sold when the stock market closes at the price it is when the stock market closes so it is very essential for us to sell the stock bought for intraday trading the same day itself before the market closes or else the stock will get sold at the price when the market closes at the price during that time.

Q) Other name for intraday trading  ?

It is also known as day trading. The Indian stock exchange opens at 9:00 o clock in the morning and closes at around 3:15 to 3:30 PM in the afternoon during this time people do intraday trading. Saturday and Sunday are holidays.