Online Trading - Only Geojit is the best!

deepak1234 · #81 1st April 2008, 09:00 AM

Dear MITR

Can u please exp[lain what is this short term selling
Regards
Deepak

deepak1234 · #82 1st April 2008, 09:06 AM

Quote:

Originally Posted by lohithmakam

An account with Geojit allows you to:

Buy and Sell - Equity - BSE and NSE
1) Square Off (Short Selling Not Allowed)
2) Delivery
Put and Call - Derivatives
3) Futures
4) Options

To get started you need:

1) HDFC bank or UTI bank account
2) Demat Account with Geojit
3) Trading Account wit Geojit
4) Online Trading Account with Geojit

To can trade through:

1) Visiting Office
2) Phone Call
3) Internet

Dear lohithmakam

What is this short term selling
Can u please explain
Regards
Deepak

mahesh2007 · #83 19th May 2008, 12:26 PM

Quote:

Originally Posted by deepak1234

Dear lohithmakam

What is this short term selling
Can u please explain
Regards
Deepak

its short selling and not short term selling.

In short selling you sell stocks which you dont own.You have to buy stocks on the same day after short selling else auction shall take place.

Short selling is profitable when price of the stock falls bellow the price you have short sold.
If price of the stock short sold rises you shall have to book loss.

columbus · #84 23rd May 2008, 12:31 AM

Few months back (years back????) GEOJIT offered flat brokerage 75 Rs per ONE nifty lot.At that time Nifty lot was 100.I planned to open an account with them.Later Nifty lot size was halved and made into 50.I asked them if there is any change in brokerage as lot was reduced to 50.They replied WE STAND BY OUR WORDS and there will be no change in 75/- per Nifty Lot.I never approached them again to start trading.

beginner_av · #85 26th May 2008, 12:17 PM

After trying many brokers I must say Geojit is good. Only their email support was very good a year ago, now it is pathetic!

hari09omkar · #86 28th May 2008, 11:47 PM

Quote:

Originally Posted by beginner_av

After trying many brokers I must say Geojit is good. Only their email support was very good a year ago, now it is pathetic!

How is their brokerage (bargaining or ne fixed scheme) and how good is their trading execution platform in ur view,BAV?

hariharan · #87 29th May 2008, 12:54 AM

you are wrong to say that Geojit is the best. They have betrayed many clients which you may be now aware. They do hooks and crooks to show bumber profit. Do you want proof ? I can give plenty. So you please do not recommend.

hari09omkar · #88 29th May 2008, 01:09 AM

Quote:

Originally Posted by hariharan

you are wrong to say that Geojit is the best. They have betrayed many clients which you may be now aware. They do hooks and crooks to show bumber profit. Do you want proof ? I can give plenty. So you please do not recommend.

He spoke of his experience....u can share your experience too with us.

beginner_av · #89 29th May 2008, 08:47 PM

Quote:

Originally Posted by hariharan

you are wrong to say that Geojit is the best. They have betrayed many clients which you may be now aware. They do hooks and crooks to show bumber profit. Do you want proof ? I can give plenty. So you please do not recommend.

I would be glad to know of such problems. Please enlighten us.

beginner_av · #90 29th May 2008, 08:52 PM

Quote:

Originally Posted by hari09omkar

How is their brokerage (bargaining or ne fixed scheme) and how good is their trading execution platform in ur view,BAV?

Hari, platform is a semi ODIN (actually based on Reuters Tibco). Scheme is fixed at Rs 75 per FnO lot, goes down to Rs 30 with high volumes, and 0.03% for intraday. They have fixed volume based discounts. Platinum platform cost is high - Rs.2000 per month, but FULLY adjustable with brokerage. Quotes are fast, and trades are very fast. Charts are there (java charts, opens only one at a time), but browser based. I have not found any problems with them so far. RMs cannot trade, so your money is more or less safe. To call and trade, you have to call a national toll free number.

Hope this helps.

View Poll Results: How does your broker allow you to trade?
Personal Visit	4	3.77%
Phone Call (including SMS)	6	5.66%
Internet Order	47	44.34%
Visit or Call	8	7.55%
Call or Order Online	9	8.49%
Visit or Call or Order Online	32	30.19%
Voters: 106. You may not vote on this poll

Similar Threads for: Online Trading - Only Geojit is the best!
Thread	Thread Starter	Forum	Replies	Last Post
Online trading: Geojit Vs Indiabulls	Kandhan	Brokers & Demat Matters	76	16th September 2008 11:46 PM
Anyone tried online fx trading??	Freeman	Forex	43	23rd July 2008 07:10 PM
best online trading terminal?	stockfreak	Brokers & Demat Matters	11	24th June 2008 06:48 PM
How can NRIs in USA do Online Trading	sanxxx	Equities	4	1st September 2006 04:33 AM
Geojit - Demat & Trading	hiteshagarwal_lp	Brokers & Demat Matters	6	27th August 2006 08:20 PM