Can anyone explain?

#1
Hi,

My questions might sound silly...
But if i need to know,I need to ask.
Will a demat a/c alone do for me to begin trading..(intra-day & short-term)?
What is 'paper trading' and 'active trading'?
Am a software engineer peeking into share market since 2 months.

Thanks in advance!
 
#3
for trading you should open a trading a/c along wiht demat a/c. some brokers will allowe you to trade with a trading a/c only. [ ie. without demat a/c] but its safe and practice to open a dp a/c with trading a/c.

you can do all intraday/short-term - long term etc as u wish with parameters of your broker. I suggest kotak securities ltd.

paper trading means to play with figures without cash. just a testing method of your trading plans and strategy.

active trading is one which involves cash and emotions.

begin with small capital, gain the patience, workout profit/loss every day/weekly basis. Never take intraday trading as a fun. its a serious business and the risk/reward ratio is 70 : 30

happy trading

babs


happy trading
 
#5
Hi,

My questions might sound silly...
But if i need to know,I need to ask.
Will a demat a/c alone do for me to begin trading..(intra-day & short-term)?
What is 'paper trading' and 'active trading'?
Am a software engineer peeking into share market since 2 months.

Thanks in advance!
always prefer to have trading and dp account with same broker..actually when you open trading account they do open demat also if you don't have one.

suba
 
#6
trading account for day trading. demat a.c. for we hold our stocks in e.form.
only one demat a.c.is enough. but our brokers told compulsory to open a demat with them.
because, 1. it is easy to transfer our daytrading shares into the demat, if we wish to hold them. 2. they get little money.