Intraday trading, as the name suggests, is trading stocks within trading hours in a single day. Many new investors and traders are keen to know about how intraday trading works. To begin with, you buy shares when the price is low and sells them when the price is high, thus taking advantage of the price movement. You can use real-time charts to identify these price movements and make profits. On the other hand, if you purchase and hold shares overnight, then you take delivery of shares. This is known as delivery trading. In the delivery method, stocks are transferred to your demat account. You can sell these stocks for either a short-term period (maybe next day) or after a few weeks, months or years. The benefit of intraday trading is that the cost of brokerage is low compared to delivery trading. Also, you receive margin profits the same day as opposed to delivery trading.