What is intraday and carry forward trades in commodity trading?

A commodity trader can place an intraday and carry forward trades while trading on MCX with HDFC Sky. Whether you want to buy and sell commodity futures contract or options contract, you can place an intraday or carry forward trade.

Intraday trade is a trade where all open commodity trade positions will be squared off the same day.

However, in carry forward trades, a commodity trader hold their positions means commodity trades are not closed or squared off the same trading day.