Basis of stock trading

To trade in stock market one needs to have a trading account through which trading of shares takes place and a Demat account where the traded shares are stored. Trading has to be done through a licensed broker.It is possible to buy from BSE and sell it on NSE and vice versa but from day trading point of view its not possible.Stock price are determined by both buyers and sellers based on the earring ability of the stock.If you wish to hold on to the stocks for an extended period of time then its Positional trading.If we wish to trade on short term basis only in a day where the exit position are done before the market closes is Intraday trading.Trading plan is essential to cut on losses and minimise the mistakes. Monetary policy do not have a huge impact on stock price, even if it does its only temporary changes in stock price.