What Are The Steps Involved For Investor To Start Trading In Market
Now a days Becoming a trader or start trading is more easy. just you need to touch on the mobile screen or some clicks on your computer and all this because of Technology.
You are thinking about trading and want to do this and start earning money then your are few steps away from that.follow these steps and you will be ready to start trading.
1. Your first step is very common and may be you have done it already Open a bank account with online
banking facility. (Make sure that your transaction rights are fully activated )
2. Now apply for to open a investing Account under any broker or may be your bank also is a broker. This you can do online or directly visiting broker office also.(Make sure you have all the required documents. If you don't have then apply to get them before applying to de-mat.)
3 Link your bank account to demat account before this be sure that your online banking is activated and is working fine. This will do your broker when you submit all the documents.
4. Then your broker will verify your
documents and will activate your
account. Now here you are ready to start trading in market.
5. Now first you need to transfer some amount (amount which you want to invest for trading) from your bank account to demat account
which will done online.you can do this
directly from your demat app or website.
6.After this you can see transfered amount in your demat account which is called lien amount in fund option. this term can be different for different broker. But this is not more important once you know this then it will easy for you.
likewise you can also transfer amount from your demat account to bank here you need to do the same but in reverse manner and this is
called unlien amount.
7. Now open your app search company name(whoes share you want to buy) in search bar and proceed next.
here next page will appear which will
show more things like
current share price ,volume , bid price , graph , quantiy and today low/high , previous close , upper /lower side band etc .
8. Now here do some easy calculation divide your total amount by share current price which you want to buy for trading. this will give actual no which you can buy and can keep some amount left in your account for brokerage and taxes.
9. Now Enter the quantity and price and trading type .
For example :
Quantity : 50
Price : (current /limit price )
select limit price .
Type : intraday or delivery trading
10. Confirm the filled details and proceed next.
11. your request will confirm and you
will get the confirmation massage in same screen and you can see order details in positions option in app or site.
( Buying or selling process is called order )
12.Now your work is to just Obseve the bought share price in app or on site and
when it hits to your target price then sell it . (Selling is same but just choose sell option.)
you can see buy and sell both option
in same page.
for more details read
How to start investing easily.
So what start trading is that easy than you think...lets start it.
Read This : How To Do Trading By Different Types
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