Once I Sell , The trade is appearing as OPEN POISITION. Now I am getting options to either EXIT or CONVERT.
What does this mean ? What is Position ? How can EXIT or CONVERT be useful ?
Regards
Sathish
Once I Sell , The trade is appearing as OPEN POISITION. Now I am getting options to either EXIT or CONVERT.
What does this mean ? What is Position ? How can EXIT or CONVERT be useful ?
Regards
Sathish
If you buy anything till the time you sell it, it shows as Open position.
If you have bought Equities then it will come to your demat account on T+2.
Exit means you want to sell what you bought
Convert means you can change the position from Intraday to Delivery and Vice versa
I suggest you go through the basics of trading on Zerodha Varsity before you trade more.
Thank you for the information.
Regards
Sathish
Why don’t you choose my answer as the best answer and help me make some points
Sir , In my Zerodha account i have 50 shares of HDFC Life but in holdings tab, P&L and Avg Cost is showing as NA( Not applicable)… WHy so? please answer my issue at the earliest…