Exchange is the place whether the buying and selling takes place. The traders are connected to Exchange through certified brokers.
During the trading, the trader place the buy/sell order using brokers online trading software. This requested will be passed to exchange through broker,
after verifying the deposits in the account. The order will be placed in the queue based on the best buying/ Selling Price
and executed when it meets the counter party. The trading will happen from 9 AM to 3.30PM and the settlement happens after the trading timeline.
The settlement is expected to happen within T+2 days of time.
Broker is responsible for placing traderā€™s order to the exchange after verifying the depts in account,
Broker is responsible for any misplaced orders and the brokersā€™s deposit will be considered to handle the settlement of misplaced orders.
Stock trading is the place where people can multiply their money in short time but it depend on Good trading plan.
Trader has ability to understand the market trend and calculate the ratio of Risk vs Rewards otherwise trading is like a gambling.
In Positional trading,the time between buying and selling or Selling and buying of the stocks is more than one day.

In Intraday trading, the buy/sell and sell/buy happens within one day.

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