Hello guys, Need some help in getting use to with NOW.
Can some one please explain me the followings in Buy/Sell Order window.
1. SL order type. (Know about Market/Limit Order, but this is something new to me)
2. Validuty (IOC/Day)
3. Prod Type (MIS/NRML). i guess this is for intraday/overnight position. MIS is for intraday and use exposure. Where as NRML uses completely client's money. If I put a buy/sell order using MIS prod type and by 3pm i decide to carry the position overnight, then can i change it ? Or I need to close the MIS position and put another order with NRML prod type ??
Regards
Taiki