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Online stock trading services in India There are three primary things required to start online stock trading. Demat account Trading accounta computer and internet connection or else you can go to internet cafe.
A Online Demat Accoun t - You have to open online trading account that is also called as demat account. If you want to know more about demat account then please go to - Basics of Indian stock market and check in stock market information and its analysis section.
There are number of stock broker agents with whom you can open your trading account. Points to remember while opening your trading account 4 Enquiry about brokerage rates and taxes you have to pay for your trading account. Problems in online stock trading As there are couples of good advantages there are also some technical disadvantages. As every coin have two sides. C Other Problem - Other problems like electricity disconnection. Solution for this is inverter or battery backup. Above all technical problems which may exist at any time and they are beyond our control means not in control.
Online stock trading tips 4 Do not over trade - Do not put all your money in stock market. This may reduce the risk of heavy loss. It will save you from heavy loss. If you are not sure about the market movement for that day then it always wise decision to be away from market and not to trade. Online stock trading India In Online stock trading the trading is done by using computer and internet connection. In other words trading done through computer having internet connection is called online stock trading.
Instead of going to any stock broker you can do trading yourself using online stock trading method. In this method you must have a computer and internet connection or else you can make use of internet cafe. Nowadays due to internet facility lots of things have become easier as compared to earlier days. So making use of the great internet facility you can start your own online stock trading.
What is offline stock trading - Trading done through stock broker is called offline stock trading method. Just to brief you about offline trading. If you need any more advice about offline stock trading then please Write to us and we will get back to you within 48 hours.
So till now you would have been understood about online stock trading. Online Stock Trading Tips. Best online stock trading Please make a note of following things before starting your online stock trading. Stock market daily open at 9: Asian markets start early then our Indian market. Action Plan - Now you have to plan your action as you are ready will all the information required for stock market. Now your action plan is to select stocks which are I news or select stocks from sector which is in news.
Sector like IT, cement, Petrochemical etc. During market hours also you have to keep alert about news. This is one of the easiest methods of tracking stocks and doing trading on them. Also it is also always better that do some study and research before starting your trading. This type of news will definitely makes great movement on related company stocks. Learn Online Stock Trading There are very important benefits advantages of online stock trading over offline stock trading. A No need to depend on broker - First up of all you need not have to depend on any stock broker for buying and selling of stocks.
Depending on broker may result in delay of buying and selling of stocks which may in turn result in huge loss or less profit. If you are doing online stock trading then you can execute your trades at any time because you are observing every movement of stock market right in front of your computer screen.
So its very important point that you get all news, especially those news which affects stock market right in front of your computer screen. You can view yourself your profits and losses done and depending on your current situation you can plan your further trades.
In other words you are totally independent for your trades from your broker. You are boss of your self. Welcome to Investment House Please properly verify above points and then decide with whom you would like to open the trading account. Nowadays you get very good computer in very affordable price. You may also go for second hand used computer but its better to go for new one as they are available for very less prices. Precaution - Get the computer configuration details and price and compare with other shops and then finalize your deal.
Because the price of computer varies due to configuration so get proper configuration details. This method is also absolutely fine. C Internet Connection - Third requirement is your internet connection.
Nowadays you get internet broadband connection very fast and very importantly at very less price. Following are the companies which provide broad band internet connection.
Tata broadband, Sify broad band, Reliance Broad band etc. Precaution - Get proper price range and speed of the internet connection they are going to provide you. The price depends on internet speed and data they provide to you. GPRS connection is the internet connection has to be activated on your cell phone mobile phone and then the cell phone has to be connected to your computer. The GPRS connection is bit cheaper as compared to broad band connection but you may get less speed as compared to broad band connection.
The choice is yours. On the second part the Airtel, Tata Indicom Reliance, Idea etc these all and many other provides GPRS connection and they will help you to set up your mobile phone with your computer for internet access.
Above three are the primary requirements for starting your own online stock trading. This is also absolutely possible and fine. After getting your prime requirement for starting your online stock trading now its time to start your stock trading. Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person.
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