margin plus

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Shashi Shekhar

Shashi Shekhar (Querist)
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07 July 2009 what is margin plus in share market
suggest any book for good knowledge of share market.

CA Bosu babu

CA Bosu babu (Expert)
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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

Deepak Joshi

Deepak Joshi (Expert)
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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.

Deepak Joshi

Deepak Joshi (Expert)
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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.

Deepak Joshi

Deepak Joshi (Expert)
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