How to calculate the Average cost in intraday trading?
Average cost arises when you trade in the same scrip multiple times. It is the cost that helps you determine the overall average price of the Buy and Sell on trading multiple times in a particular scrip.
Let's take an example; you had bought a share of ‘M Ltd’ at ₹100 and sold the same at ₹105, making a profit of ₹5. Later, you bought the same scrip at ₹110 and sold it at ₹120, making a profit of ₹10.
Average Buy Price is (100+110)/2 = 210/2 = ₹105
Average Sell Price is (105+120)/2 = 225/2 = ₹112.50
The Overall Profit made is (112.5 - 105)*2 shares = ₹15
The amount of ₹15 will be shown under the Realised P/L in the dashboard as a total instead of showing separately, making it easier.
How is the buy average calculated for Equity?
Buy average of a stock is the average price you have invested per share. Let’s say you traded in the same stock at different prices and on different dates, the scrip will be averaged on a FIFO (First In First Out) basis to make the calculation ...
How is futures trading different from margin trading?
In a margin transaction, the positions are squared off the very same day whereas, in futures trading, the positions can be held until the expiry of the contract. In an intraday margin transaction, the investor has the option of converting his ...
Can I carry forward Intraday Futures positions?
Yes, you can carry forward the Intraday futures position to overnight carry forward position simply by clicking on "Convert" option under 'Positions' Tab in the Dashboard and there is no additional margin required as the intraday margin is same as ...
What will happen if my Intraday F&O positions are not squared off by EOD?
Your intraday positions will be auto squared off by our RMS after reaching a threshold time to do so. For Equity, F&O, Currency and commodities segment the intraday square off will commence 15 minutes before the market closes. However, it is ...
Do I get additional leverage for Intraday Futures positions?
Earlier, brokerages were allowed to provide additional margins to clients to take intraday futures positions with lesser margins than the carry forward futures transactions. However, with the implementation of peak margin, such facilities were ...