Delivery vs trading
                     Intraday Vs. Delivery Trading
Intraday Trading
During intraday trading, stocks are bought and sold within the same day, i.e., before the market closes. 
It is important for Intraday traders to acknowledge that no matter how their stock performs, they must 
square off their positions before the market closes.
We need to understand the pros and cons of both intraday trading and delivery trading in detail to make 
an informed decision. If you want to know how to make money in intraday trading, read our article.
Delivery Trading
How does delivery differ from intraday if it's about squaring off positions on the same day? Deliveries in 
the stock market are different from intraday trading in that you can hold your stocks for a longer period 
of time. Unlike intraday trading, delivery trading gives you the flexibility of squaring off your position at 
any time of day.
As opposed to intraday trading, in delivery, ownership is transferred from the seller to the buyer, 
making the buyer the owner of the shares purchased. Depository participants charge brokerage, which 
includes depositories' costs, for transferring shares to a buyer's Demat account.
Intraday vs. Delivery Trading: Key Differences
Trading intraday and delivery have their own pros and cons, and an individual chooses an approach that 
works best for them based on their style and requirements. Intraday trading and delivery are distinguished 
by the following differences:
1. Share Delivery
Stock market delivery occurs when you hold shares for more than a day. The delivery takes place from 
the seller's Demat account to the buyers, whereas intraday trading does not occur since you must square 
off your position by the end of the day.
2. Time Duration
Delivery trading rules allow individuals to hold the shares as long as they wish, whereas in intraday 
trading, it is mandatory for a trader to sell the shares by the time market closes, regardless of whether he 
is profitable.
3. Transfer of ownership
Due to the fact that the Indian stock market follows the T+1 cycle for settlement of shares, intraday 
traders do not own the shares they buy since the delivery of shares does not take place. Intraday 
traders must square off their positions by the end of the day, which does not transfer ownership.
The buyer becomes the owner of the shares he has purchased after the shares are delivered to their 
Demat accounts.
4. Risk Factor
Trading Intraday versus Delivery is regarded as riskier than Delivery trading because the market can 
be volatile and difficult to predict in the short-term, which is hours in the case of Intraday trading, 
whereas it is comparatively easier to predict the market in the long-term.
While delivery trading can yield handsome rewards in the short run, it's a long-fought struggle that 
takes a long time. On the other hand, intraday trading can yield handsome profits in a short amount 
of time if done accurately. So, Intraday is riskier but also more rewarding too.
5. Intraday vs. Delivery charges
In Intraday vs Delivery, Intraday traders pay fewer commissions than delivery traders, and they 
also have access to margin facilities.