The Power Of Writing

Financial literacy is rising rapidly in India, so with this lot of new traders are coming into the stock market. Many new traders think that trading is a quick way to make profits , which is right but without any knowledge and experience it can also become the opposite, yes you're guessing it right, Losses ! So what does a good trader do? Let's get into our topic of 4 Qualities of a Good Trader: 1. Avoid Penny stocks - A penny stock is a stock of a small publicly listed company and it is very illiquid which means the buyers and sellers are very limited so your order stays open until there is a counterparty and sometimes the trading gets halted in such stocks. Also, the price of such stocks are very cheap like Rs 10, Rs 50 etc, so this price attract the new traders and they buy in more quantities but are unable to sell due to less liquidity and circuit limits . So a good trader stays away from penny stocks and always trades in liquid stocks that can be bought...

People's involvement in the stock market is growing rapidly. They are trading and investing for the short term as well as the long term . Also, the craze for Futures and Options are going high. Many people are trying to enter this segment and the reason can be any like Hedging, Speculation   or simply the greed for making a huge profit in a short span. Futures and Options is a risky segment and you need more money to enter any contract because here you can't buy/sell a single share, there are specified lot sizes so you need to buy in lots . For example, If one lot has 500 shares then you need to buy a minimum of 500 shares or in multiples of 500 like 1000,1500, 2000 and so on. To ensure you have an adequate source of income,  SEBI has mandated to submit one income proof  to activate the Futures and Options segment. Let's get into our topic and see the list of documents you can submit as income proof to activate the Futures and Options segment...

Nowadays people are showing more interest in the stock market . Over the internet and social media, there are a lot of advertisements or promotions for opening a demat account . Most of the companies offer zero account opening fees and some are also offering zero AMC for a lifetime but no one transparently speaks about charges involved in trading  and  investing . I believe new investors and traders should know what are the charges involved in trading and investing in shares  because whenever we purchase any product the first question we ask is Bhai paise kitne lagenge? Let's under the list of charges: • Brokerage - It is the primary charge charged by any broker. It is charged on a certain percentage or a flat fee . Nowadays, most brokers offer zero brokerage on delivery and around Rs 10-20 for intraday trades. Most traditional brokers still charge for the delivery trades. You can check the broker's website for their brokerage charges. • STT/CTT - STT is S...

When I was working in a broking firm I used to get queries from the new investors/traders that "Sir ye market or limit order kya Hota hai?" So today's blog is on this same topic and I'll explain what's the difference between a Market order and a Limit order . Let's first understand the market order, for an instance, you went to the market to buy some product and you're like whatever the price is I am ready to pay as I want the product instantly without any delay or hassle. So now I am assuming you have understood the concept of a  market order,  now let's take an example in the stock market term.  The share of ABC is trading at Rs 100 and you want to buy it instantly no matter what price it gets executed. So when you place the market order your order will execute at whatever the best price is available, it can be 100, 101 or can be 103. Now Limit order , again you gone to the market to buy some product and this time you're like I...