Stock trading starts with knowledge and discipline. Stock market is order management system where buy and sell orders are executed. The price of the stock is decided by the supply and demand of buyers and sellers. Buy order and sell order gets executed according to the queue placement in the exchange this is where trade deal becomes trade settlement. As the trades happen on online, the main stage of operating trades is through the broker’s software where buying and selling takes place and the demat account holds the shares bought from exchange. Stock exchange is resposnisble for all the disputes and it is solely responsible to settle dispute of the counter person. Order, Trade, Long, Short, Intraday, Delivery, Demat and Online trading are all the basic terminology’s of stock trading. Finding difference between business and gambling helps you to make money or lose money.