All the traders are connected to exchange only through certified brokers. Traders can place buy/sell orders to the stock exchange through the broker’s online platform. The orders if matched are executed. The securities will be settled in T+2 days (T-trading date). The counter party risk to stock exchange is handled by taking deposit money from the brokers.
A trade plan is essential to make trading a successful business.
Position trader refers to holding the securities for an extended period of time with the expectation that it will appreciate in value. Intraday trading deals with buying and selling of securities on the same day, during the trading hours