I was wondering as to how short sellers make money over more than one trading sessions.
I am a small day trader and if I short sell a particular scrip then I have to buy the scrip before the end of the trading session and If I fail to do so then the broker auctions it on the 3rd day counting the short selling day session.
I think bigger players have arrangement with their brokers to have short positions carried over more than one trading session.???? Am I right.
Pls clear this for me.
Thanks
Appu.
I am a small day trader and if I short sell a particular scrip then I have to buy the scrip before the end of the trading session and If I fail to do so then the broker auctions it on the 3rd day counting the short selling day session.
I think bigger players have arrangement with their brokers to have short positions carried over more than one trading session.???? Am I right.
Pls clear this for me.
Thanks
Appu.