Intradaytrading, meaning single day trading, is a preferred choice for several investors that want to square off their deal before the end of a single day session. By squaring off the deal, it means that the trader would have to the sell and buy or buy and sell in the single day before the market ends. For instance, if the trader purchased 200 shares of XYZ Company during the open market hours, then he has to sell the same quantity of stocks of XYZ Company before market closing and vice versa.
