Positional trading means holding a position for days to weeks, sometimes a couple of months, riding a larger move rather than daily fluctuations. Traders use daily and weekly charts, hold through minor pullbacks, and set wider stop losses than intraday traders. In Indian usage, positional often refers specifically to carrying F&O positions overnight, as opposed to intraday MIS trades. Suppose you buy SBI at ₹780 expecting a move toward ₹850 over the next month, with a stop at ₹750; you check the chart once a day rather than watching every tick. Positional trading suits people with jobs, because it needs less screen time. The trade-offs are overnight and gap risk, and, in futures, the daily mark-to-market. Margins for overnight F&O are higher than for intraday. Delivery equity positions carry no leverage, which makes them the gentler way to start.