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Absolute Beginner Guide.

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  #301  
Old 6th February 2010, 10:50 PM
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Default Re: Absolute Beginner Guide.


Can someone please tell me how to view my portfolio in geojit? I use the gold plan.
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  #302  
Old 7th February 2010, 12:09 PM
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Default Re: Absolute Beginner Guide.

As a beginer i found the info which you gave was very useful to me..
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  #303  
Old 8th February 2010, 08:01 AM
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Default Re: Absolute Beginner Guide.

interesting
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  #304  
Old 8th February 2010, 05:12 PM
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Default Re: Absolute Beginner Guide.

thanks very much very informative.keep up the good work.
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  #305  
Old 8th February 2010, 05:28 PM
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Default Re: Absolute Beginner Guide.

ledger balance = -465
adjusted ledger balance = -465
adjusted holdings value = 5413
gross margin =4948
available margin for trading =4948

sir, im new to investing and am not trading daily..
My account Margin statement shows as above in my online trading terminal..
what does the above mean?
does the 'available margin for trading' mean whether its the cash available because of my fund transfer to the trading account or is it because of the cash available due to the share holdings itself..?
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  #306  
Old 10th February 2010, 01:06 AM
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Default Re: Absolute Beginner Guide.

can someone explain margin trading? Is there a limit on margin trading that can be done in a day? Also what is available margin for trading mean as someone asked earlier?
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  #307  
Old 10th February 2010, 08:17 PM
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Default Re: Absolute Beginner Guide.

Margin is nothing but leverage. If you have certain amount of money in your trading account (for eg. $2000.00), you get margin. Margin is nothing but you are allowed to borrow money from your brokerage. In general it is 2 times your cash balance. Suppose you have $5000 cash in your trading account, you can buy security worth $10000. $5000, which you borrow from broker, you need to pay interest for the same.

If you are day trader, you get 4 times margin. But for day trading you need minimum of $25000 in equity.

Hope this answer your question.
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  #308  
Old 10th February 2010, 11:12 PM
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Default Re: Absolute Beginner Guide.

Quote:
Originally Posted by joshi_s_p View Post
Margin is nothing but leverage. If you have certain amount of money in your trading account (for eg. $2000.00), you get margin. Margin is nothing but you are allowed to borrow money from your brokerage. In general it is 2 times your cash balance. Suppose you have $5000 cash in your trading account, you can buy security worth $10000. $5000, which you borrow from broker, you need to pay interest for the same.

If you are day trader, you get 4 times margin. But for day trading you need minimum of $25000 in equity.

Hope this answer your question.
thanks a lot. but can u please tell me if there is a limit on the number of times one can day trade? Also does the broker charge any additional interest on the margin they provide?
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  #309  
Old 11th February 2010, 12:29 AM
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Default Re: Absolute Beginner Guide.

If you are registered as a day trader with your broker, you can day trade as many times as you want. As per regulations, your profit on day trading will not be useful till next trading day, but your loss in day trading is deducted from your available trading capital.

Mostly, It depends on broker you use for day trading, some broker might charge extra money for this leverage. But if you are good trader, your profit will be lot more than this interest.
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  #310  
Old 11th February 2010, 04:13 PM
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Default Re: General Guide to Day Trading

Thank You So Much


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