Hey there, I'm new in stock market, just want to gather some information before moving forward for trading.
Question: (Intraday related)
Suppose any broker is taking brokerage rs. 20 per order, and suppose I brought the shares of ABC Ltd. 2 shares of Rs.1000 each with limit order and order is executed.
On the same day
Case 1:
I thought of buying more shares of company ABC Ltd. And I brought 4 more shares with Limit order Rs. 1000 and order is successfully executed.
Case 2:
I thought of buying same company shares ABC Ltd. And I bought 4 shares at Rs. 1010 (Share value increased by Rs. 10 here) and my order is successfully executed.
At end of the day What brokerage will be taken from me in both the cases. Rs. 40 or Rs. 20.
I regret for long questioning!
Any help will be appreciated! Thank you!
Question: (Intraday related)
Suppose any broker is taking brokerage rs. 20 per order, and suppose I brought the shares of ABC Ltd. 2 shares of Rs.1000 each with limit order and order is executed.
On the same day
Case 1:
I thought of buying more shares of company ABC Ltd. And I brought 4 more shares with Limit order Rs. 1000 and order is successfully executed.
Case 2:
I thought of buying same company shares ABC Ltd. And I bought 4 shares at Rs. 1010 (Share value increased by Rs. 10 here) and my order is successfully executed.
At end of the day What brokerage will be taken from me in both the cases. Rs. 40 or Rs. 20.
I regret for long questioning!
Any help will be appreciated! Thank you!