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How to use the BigTrade leverage facility for Intraday Trading
Using BigTrade for Intraday Trading
This video shows you how to use Sharekhan's BigTrade facility to trade with leverage in the Equity segment.
With BigTrade, you can buy and sell stocks with leverage, but keep in mind that leverage availability may change due to regulatory updates.
BigTrade is available for selected stocks, and the video shows you how to find this list on the Sharekhan app.
So, what is BigTrade?
BigTrade is a special order type that lets you place a trade with a built-in stop-loss order to limit your potential losses.
With BigTrade, you can take a position with leverage, but the margin required is lower because the stop-loss order reduces your risk.
When you place a BigTrade order, a compulsory stop-loss order is placed simultaneously, which reduces your risk and the margin required. All BigTrade orders are automatically closed at 3:11 PM, making it a useful tool for intraday trades.
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