The biggest advantage of delivery based trading is that you are not bound with time for selling the stock like Intraday Trading. You can hold the stocks for as long as you want. Therefore, with delivery based trading you can always take your time to take a decision and reduce the risk of losses.
Delivery trade is opposite of intraday trade. The shares you bought will be in your demat account. You can take delivery of shares only to the extent of money you have in your account. In simple words you can only buy shares with the money you have. For e.g. if you have Rs.10, 000/- means you can only buy share worth of Rs.10, 000/- or less than that only. Delivery shares can be hold for a week, for a month or for a couple of months. That all depends on the trader how long he/she wants to hold. There is no time limits.
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