Experienced traders please help.
In day trading, after buying a script if its price falls too much, then instead of booking loss or exiting at stop loss level, is it a workable idea to take delivery.It can be sold next day or after few days at all inclusive cost price.
In this strategy one should not use leverage, also one may be left with no fund to trade in subsequent days. This is a bearable drawback as, if you book loss to make fund available for subsequent trading, it will take time to make up the loss through profits.
In day trading, after buying a script if its price falls too much, then instead of booking loss or exiting at stop loss level, is it a workable idea to take delivery.It can be sold next day or after few days at all inclusive cost price.
In this strategy one should not use leverage, also one may be left with no fund to trade in subsequent days. This is a bearable drawback as, if you book loss to make fund available for subsequent trading, it will take time to make up the loss through profits.