This story is from July 25, 2017

How to trade on the stock market

The easiest way to do share trading is to hire a stock broker or brokerage firm. There are a number of well known stock brokers who can place trades for you and give you advice from time to time.
How to trade on the stock market
In the Nifty50 pack, 35 stocks were trading in green, while 16 stocks were in red.
Now that you know how to open a share trading account, let's find out how to trade on the stock market.
The easiest way to do share trading is to hire a stock broker or brokerage firm. There are a number of well known stock brokers who can place trades for you and give you advice from time to time. But if you want to do it yourself, follow these:
1. Read
Read book on stock trading as much as possible.
Books provide a wealth of information and are inexpensive compared to the other modes of education such as broker classes, seminars, or educational DVDs. You can also subscribe to business news channels and news portals for articles related to stock market and companies.
2. Monitor market movement
By monitoring the movement of markets each day through TV and print media, investors can expose themselves to trends, expert analysis, company merger, acquisition etc. Observing the effect of news on particular stock price and reading fundamental data can also serve as another good source of exposure for investors.
3. Get paid subscriptions
There are many firms and brokers who provide information on when to buy or sell the stocks based on the market research and analysis. In turn, the firm will charge you a commission, normally several cents per share. But don't rely 100 per cent on these firms. Use your own insight and research to choose the stocks.

4. Choose the stocks
Follow the market trend for few days and then select stocks you want to purchase. Once you prepare your portfolio of stocks, try virtual trading for practicing or you can start with small investment, for example 1, 10, or 20 shares. To buy the stock, place your bid through your share trading account. The sellers of that stock will ask for a specific price. When these two prices match, the sale will be executed.
5. Stop loss
A stop loss is important to limit your loss on a security position. Once you buy the stock, you place a sell order so that when the stock price reaches a certain level, the sell will be executed. A stop-loss order can be helpful while you are on vacation or cannot watch your position.
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