You might have already heard about Collateral Margin . This is a technique where you can use the Stocks in your Demat to Raise Free Margin to daytrade in the Equity Segment.
Here is one hack about Collateral Margin, you didn’t know about
Most Stock brokers make this process difficult for you, by making you apply for pledging, de-pledging, interest on pledging etc etc.
But, If you are trading through The NSE NOW platform, The collateral feature is automatic.
The collateral Margin is automatically allotted each day on your NSE NOW platform.
Literally, you can daytrade with no cash in your trading account, while leaving your money on long term stock holding or on positional trades.
This is what the rich daytraders in India do, they leave their cash on long term Equity investments and make use of the Free Collateral margin facility to daytrade.
If you want to know more about this process, contact a discount broker like FINVASIA, who provides The NSE NOW Trading Platform.