margin plus
This query is : Resolved
07 July 2009
what is margin plus in share market
suggest any book for good knowledge of share market.
suggest any book for good knowledge of share market.
08 July 2009
we r r u 4m? dont go 1st directly to more concepts....learn basics....if possible get "Dalal Street Primer" by Pattabhi Ram....best book
08 July 2009
Marginplus is an order placement feature: You can take a position at market price and also place a cover order for the position specifying the "STOP LOSS TRIGGER PRICE" and the limit price. This will minimize the loss on the position. 'MarginPLUS' is a product whereby you can place a "STOP LOSS TRIGGER PRICE" loss cover order at the time of taking the position itself. Thereby it gives a clear view of maximum downside involved in a particular position. Since you are committing to square up the position at a particular price, brokers won't levy a normal margin ranging from 21% to 50%. It would block the maximum loss which customer can suffer.
08 July 2009
For basic understanding you of share trading, lot of informations are available on net which you can search, if you open your demat with ICICI/angle/with any other broker they can also give you material to go over. But be careful this market is not very easy,, don't get overexcited,,, this is not a easy way to earn money. If you work in stock market then RETURN OF MONEY IS MORE IMPORTANT THAN RETURN ON MONEY.
08 July 2009
For basic understanding you of share trading, lot of informations are available on net which you can search, if you open your demat with ICICI/angle/with any other broker they can also give you material to go over. But be careful this market is not very easy,, don't get overexcited,,, this is not a easy way to earn money. If you work in stock market then RETURN OF MONEY IS MORE IMPORTANT THAN RETURN ON MONEY.
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