Let the share trading be profit making for you
For a person who known the trend and move of the market can make a lot of money out of trading. There are primarily two types of trades which are known as Intraday and Delivery based trading. In the Intraday trades, one can buy and sell the stocks on the same day while in delivery trades one can buy stock on one day and sell on the next day. One can also go for the reverse trend that is sell on one day and buy on the next day.
The trading sessions:
The trading session is decided by the authorities of different exchanges which function directly under the guidelines of the Securities Exchange Board of India. There are main two exchanges which are known as Bombay Stock Exchange and National Stock Exchange. The first one is situated at Mumbai while the second one is situated in Delhi.
The brokerage firms:
The brokerage firms can help the clients to place the order and get them executed on the stock exchanges. The client as a charge needs to pay brokerage to the brokerage firms. To save a good amount on this cost, there are discount brokerage firms where the client can get a trading account opened. These firms offer a discount on their charges to the client. It is a saving on the part of the client, and hence clients love to get an account with such a firm.
How does it help?
Due to low brokerage charges the firm can get accounts from a number of clients in a small period also. The clients can call the terminal operator of these firms and place an order of buying or selling of various scrips in the market. The operator can also check the credit or debit balance of the client and inform him accordingly. The client can also ask the operator to have a stop loss or profit booking as per the requirement. Hence a brokerage firm helps a lot to a client of the offline account. Nowadays there are also many clients who go for an online account, but in that case, he also needs to place an order and keep a watch on the market so that required decision can be taken accordingly.
For a client, a firm which can allow brokerage at discounted rates can be much helpful. Hence, these firms are always in demand irrespective of the trend in the market.