With the development of economy there are many companies which enter the field of public limited business. They can get the money from the market with the help of Initial Public offering where all those who wish to get the shares of the concerned company can apply for it. Once the company is listed on the stock exchange those who are interested can also go for the stock trading. For such trading one needs to go for the best online trading platform in India with the help of which he can easily make money. For this type of trading one can go for any segment as per his choice. For those who want to make money quickly and in a few hours, the best option is to go for the intraday trading.
Why is intraday trading beneficial?
There are many reasons due to which people prefer intraday trading. The foremost reason is one can go for making profit with low risk and investment. Doubtlessly one needs to have more investment if he wants to trade in bulk but it depends on the exposure offered by the service provider. Another good reason for trading in this segment is one has to pay low brokerage. One can also get the profit in limited hours as the trade has to be squared off before the end of the session.
Here one needs to note that one needs to be very vigilant and trade with stop loss only. Else there can be chances of loss also. Before going for the trade one needs to be sure about his trade and need not rely on any advice or tips offered by unknown sources. However, in this type of trading one can save his back as the loss or profit can be there in a few hours only.
Other than the intraday also there are many options in the market in which the traders can trade and earn handsome profit. The derivative has future and options where there are contracts for various months available in the market. One can go for one month to three month contract size. Here one needs to note that the investment and risk also vary with the type of the contract. Those who prefer to have less risk need to go for the three months contract while those who want to have more profit can go for the one month contract. The investment in any contract may change at any point and the same is reflected on the screen if one goes for the online trading.
In case of offline trading the terminal operator asks the trader to have more deposit if he falls short of margin. Trading in this option is the job of the veteran players only and a novice must keep away from the same. One wrong trade may lead one to a huge debt and hence the traders in this option needs to be more careful. The brokers also do not offer more limit in this option.