By Prabhat Kumar
You need to fulfill some basic requirements for stock market trading. These are the first steps before starting stock market trading.
Firsts you should have the bank ac. don’t worry is you have existing saving a/c, it is enough. Not any special account is opened for that. A saving account is require for financial transaction like debiting money in case of purchasing of shares and credited money in case of any sale or any other expensed on the part of share transactions. If you don’t have any saving yet, you can open a.c with any of the bank.
Second thing you need dmat account. Almost all the banks provide dmat account facilities. So you can open with any of the bank. You have to just make a call to the concerned bank executives or go directly to the bank or you can inquire on the website about various pre needs, requirements, charges and procedure of a dmat account. Basically dmat ac is same as saving ac, main difference is that saving account involves financial transaction on the other hand dmat account involves shares transactions.
Finally you need a trading account if you want to sell or purchase in stock market. You can open your trading ac in the bank or in other financial institutions. There are many financial institutions which provide trading account faculties. Now you are ready for stock market trading.
Stock Market Trading Tips Tricks or how to get success in stock market trading
Buy low and sell at high – this is the basic trick to make money in the stock market of India. Every one who want to make money buys at low prices ands share at high prices.
Up and down these both are the nature of any sock market. If stock market is going up it will definitely go down and if it going down it will go up. The people who can imagine its nature then he can get success in a very short time and who are not able to understand get success in a long time. Read More stock market tips and online stock trading tips
Some peoples make big mistakes when buy stock at high prices. So don’t try to buy shares at high prices otherwise you should have sure knowledge and idea for that or you are an expert in stock market trading.
It is always seen that long term investment in stock market is considered better that short term investment.
There you will find many stock market agents, adviser and financial firms. Don’t west your money by giving these fees and advice charges. Make market search, analytics decide yourself whether it is profitable to invest in a particular share or not.
It is kind of business and it involves risk factor like other business. Always remember those who can take high risk can earn huge profit. But it doesn’t applicable in all cases. But if you are small investor and have limited money to invest then you should not try to take big risk as you don’t have enough money to invest further. It is other matter if you want to take chance it is your life.
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Hope these stock market trading tips tricks will guide you little to invest in any stock market like stock market of India, New York stock exchange, Bombay stock exchange or national stock exchange.
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