Online stock trading services in India
There are three primary things required to start online stock trading.
Demat account (Trading account), a computer and internet connection or else you can go to internet cafe.
A) Online Demat Account -
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
4Enquiry about brokerage rates and taxes you have to pay for your trading account.
4You have to open the trading account with the agent who is offering you the lowest brokerage rates.
4Different brokerage rates are available for different trading methods like delivery trading and intraday (day trading) trading.
4Before opening your account try to insist the agent to get demo of there online trading software or terminal and check your reliability and Speed.
Problems in online stock trading
As there are couples of good advantages there are also some technical disadvantages. As every coin have two sides.
A) Disconnection from Internet - In online stock trading there is the possibility that your internet connection may get slow or get stopped, this may result in disconnection from stock market. At such critical times you have to call your executive (from whom you opened your trading account) and place your order or square off your pending orders.
B) Computer Problem - If your computer stops functioning then this may also result in disconnection from stock market at this time also you have contact your executive.
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
4Do not over trade - Do not put all your money in stock market.
4Do not put all your money in single stock or single sector - Put or divide your money in multiple stocks or sectors. This may reduce the risk of heavy loss.
4Do not panic or fear - Think twice before making your trade/plan and once done stick to it, donít panic or fear.
4Accept Loss - If you trade is going against you and if you are not sure about your trade then immediately accept the loss and come out of your trade. It will save you from heavy loss.
4Right Opportunity - Do not fall in trade early, wait for right opportunity and then trade. Itís very important.
"Wait, Watch and then tradeĒ you will get success.
4Everyday is not trading day - Do not force yourself to do trading everyday. Itís wrong. 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.
4Keep you greediness away - Most of the people loose in stock market due to greediness. Get satisfied whatever profit you get and come out of that trade and wait for next opportunity. Donít wait to take huge for that single 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.
As this section is only dedicated to online stock trading so letís proceed.
So till now you would have been understood about online stock trading.
Now letís go to next chapter.
Online Stock Trading Tips
Best online stock trading
Please make a note of following things before starting your online stock trading.
4Must be aware of Stock Market - You must be well aware about stock trading, knowledge of stock market and stocks, fully aware of your online trading software or terminal.
4Refer our website fully - To have basic idea about different types of stock trading and other stock market related information.
4Keep yourself updated - It always very important to keep updated yourself about latest news about stock market and companies etc. it really helps you in stock trading.
ďStock market always reacts to appropriate newsĒ
Resources - To keep updated yourself you have to read financial newspaper like business standard, economic times etc. On the internet you can access/open financial related websites like www.businessstandard.com, www.economictimes.com, www.capitalmarket.com etc. On these websites you will get all news related to stock market, government news, companyís announcements etc which will affect the stock market. Stock market daily open at 9:00 am and closes at 3:30 pm, Saturday and Sunday are holidays for stock market.If you open the financial websites before market opens then you will get the idea about todayís stock market movement, either it is bullish (going up) or bearish (coming down), (want to know other terms then please check our website ) other information like movement of other Asian markets and USA market which has huge impact on our Indian stock market. 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. If there is news on any particular companies/stocks or on any sector then definitely there will be movement, if the news is appropriate.
During market hours also you have to keep alert about news. Always trade or select stocks/companies which are involved in 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. For example note down todayís top gainers, top losers, and volume toppers etc and tomorrow keep a close watch on them this is also one method of selecting stocks and trading on them.
One more very important point is you should be always aware about news like when company is declaring its dividend, companies merger plans, demerger plans, quarter results, major acquisitions, collaborations etc .
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.
B) All updates on your computer screen -
As you have internet connection with you will get all updates of government news, companiesí announcements, and corporate declaration etc during market hours. Itís not so practically for your broker to provide you all the updates and news. So its very important point that you get all news, especially those news which affects stock market right in front of your computer screen.
ďStock Market always reacts to appropriate newsĒ
C) Independent for your trades -
On the other part you will get all information of your traders on 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......your way to earn
Stock Market Indian
Stock Market Indian
4Also confirm about there charges and any hidden charges if you have to pay.
Please properly verify above points and then decide with whom you would like to open the trading account.
Now you have your on online trading account, letís go for another most important requirement needed for you
to start your online trading account.
B) Computer -
Second most important requirement is computer. 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.
NOTE - If you canít afford to buy a computer, then you can go to Internet cafť and do your trading. 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. So get proper confirmation and then go for that companyís connection
Another option -
Alternate option for Internet Broad band connection is GPRS connection. 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.
NOTE - If in case if you donít want to purchase a computer and donít want to get internet connection then you can go and trade in internet cafe. 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.
Letís go to next chapter
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