How to place order? Types of order? Validity of order?

[shivkant]

order will be placed through a broker before that you must have a trading account and DEMET account . there are only two kind of order buy and sell .

for buy order the validity is till you want to sell what ever you have bought but selling orders validity is till 3:30

[Shiva]

We have to create a trading account and DEMAT account through a broker and he will give a membership ID to place an order and buying and selling can be done through a broker or online

Types – Sell order , buy order

When the prices goes up and if we buy for the 1st time it is called long position and  we can hold or sell the stock when he wants so no validity

when the prices goes down he can make money by selling the stock which he does not own but has to be settled before the end of the day ie 3.30 PM is called short position

[Leena Nathan]

Orders can be placed through online or brokers.We need to have a trading account and Demat account (shares).

Market order-An order to buy / sell immediately

Limit order-Sets the maximum or minimum price at which you are willing to trade

Stop order-To buy or sell becomes active only a specified price level has been reached

 

[Hariesh]

Specify the price and select if you want to buy or sell.

There are two types of order buy order and sell order

validity of order is to execute the order within a day or immediately.

[Darshan Arvindbhai Shah]

It very easy to place an order

Now a days in this digital world most of the broker provide a platform from which you can place an order

for an example Angel broking provides Angel Eye, Sherkhan provides Trade tiger and some discount broker

like Zerodha provides Kite platform

 

you can place an order from your desktop, laptop or even your mobile phone also

basically there are two types of order Buy & Sell

By pressing F1 buy window will be open then you have to type the name of the stock which you want to trade

then you have to type the price on which you want to make trade and the you have to type how much quantity you want to trade and press enter

Same as if you want to sell any stock you have to press F2 to open Sell window  and then type the name of the stock ,price of the stock , quantity

 

This type of  order is called Intraday and validity of the order is just single Day

you have to square off the position Before market close

 

There are few more types of order as well, like ..

Market order – where you can placing and where the best price is trading at

Cover order – you need to determined the Entry Price and Exit point and place

Braket  order  – you need to determined  the Entry , Exit and Stop loss

there is aloso one type of order which is called AMO ( after market orders )

 

if you are doing intraday trading then validity in only one day

if you are doing positional trading then you can hold the stock as much as you want

and off course you need to have margin money in your a/c

 

 

 

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