Help needed

i hv invested 1.35k through reliance money but i think they dont hv terminal for day to day trading (like the broker use).now my question is
1.from where n how i get the terminal?
2. which terminal is best?
3 can i migrate from reliance money to some other broker co.?
4.what will happen to my money if i get migrated?

help me guys though i hd invested a lot but iam very much novice in stocks

I think Reliance gives this terminal, Contact your broker for that.

I think ODIN is the best.

You can, either take a Pay-out or if you have shares, you can use a DIS to trasfer your shares to your new account.

You may loose some brokerage,based on your broker.

Let me know if you need more details on this.

Re: thanx

dear Fahed

thanx bro will bother u if i hv any query further

Re: Help needed for reliancemoney easy trade

hi iam using reliancemoney easy trade terminal. i want to clarify some terminology involved in it.

Step 1 : Get

Exchange BSE NSE - this i know
Tr. Acc Scrip Get Scrip Code Client Code - want to know what it means

Bid Ask LTP - want to know what it means



Step 2: Set

Trade Type Delivery Margin ATST
Quantity
Order Type Limit Market Stop Loss
Price Trigger Price

Order Term Session Day IOC
Disclosed Qty Protection %

AMO want to know when i order some stock buy waht order type i shud mention n what price or trigger price i shud enter or what all the procedure in it when i buy n sell some stocks
plz help me in all this as i want to start online trading with the help from the esteemed members of this forum

Re: Help needed for reliancemoney easy trade

I have never use Reliance Money but I know the common terms used.

Tr. Acc : Your Trading Account Number
Scrip : Type a script name there : Eg: Reliance, Wipro, DLF , etc.
Get Scrip Code : It will look for a script code that Reliance Money Understands.
Client Code : This is your Client Code.

Bid : What is Bidding Price now, How much some one wants to sell his share for.
Ask : The Price some one wants to buy the share for.
LTP : Last traded Price.

Trade Type Delivery Margin ATST : Delivery : you want to buy and forget it for some time, You can sell it when every you want. Margin : You buy it today and sell it today. ATST : Could be BTST, I am not sure of it, Buy Today, Sell Tomorrow.

Quantity : How much you want to buy or sell.

Limit : You want to buy at a particular price.
Market : You want to buy any price the Bidder is Bidding.
Stop Loss : You want to place an order or activate an order when it reaches a particular price.

I hope my above answers would have cleared this doubt. Let me know if you still need any help.

thanks fahed
but i hv still some doubts
if i buy some stocks trade type will be delivery.now what shud be correct order type (limit,market or stop loss) n what shud be the price or trigger price

dear fahed can u give ane example like any stock i buy whose current mkt price is say 100. now what shud i do limit, market or stop loss.

thanks if i get correct procedure for tradine in order to minimize my loss

Try to buy Unitech or RNRL, its price is arround 100rs, If you place a market order, your stocks gets buyed immediately, and if you place a Limit order you have to specify a price, If there is a seller at that price you will get that stock or your order will not get executed, and also SL order is also the same like limit only your order gets executed, means goes to the operator if the LTP reaches the trigger price.

First you try withe Limit order, Place a order at a price close to LTP and watch your order book to see if you were able to buy it or not.

hi fahed

thanx bro u r a gr8 help to a novice like me. i will try a hand n will let u know further

again thanx a lot

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