Dear All,
I have decided to enter Equity Market as a Trader. At present I am making research and trying to learn things to become an effecting Profit Making Trader.
Befor starting this new thread I have gone through various posts but still a few questions remain.
It will be of great help if somone pls answer my following queries.
Query1. Is it possible to place an order which covers both profit & Loss in Margin Plus trading.
eg I purchased a share at price of Rs 400/-
I aim to sell it if price reached 390 with limit of 385 (at market price) to cover loss.
I aim to sell it as soon as it reaches 420/- limit 425 to make profit.
Query 2If I place a Margin Plus order with a loss limit, will order automatically get closed in evening or I have to close it.
Query 3 Does HDFC Sec offer Margin Plus Trading Similar to ICICIDIRECT?
Query 4 At the end how will I come to know about the profit or Loss incurred by me?
I have decided to enter Equity Market as a Trader. At present I am making research and trying to learn things to become an effecting Profit Making Trader.
Befor starting this new thread I have gone through various posts but still a few questions remain.
It will be of great help if somone pls answer my following queries.
Query1. Is it possible to place an order which covers both profit & Loss in Margin Plus trading.
eg I purchased a share at price of Rs 400/-
I aim to sell it if price reached 390 with limit of 385 (at market price) to cover loss.
I aim to sell it as soon as it reaches 420/- limit 425 to make profit.
Query 2If I place a Margin Plus order with a loss limit, will order automatically get closed in evening or I have to close it.
Query 3 Does HDFC Sec offer Margin Plus Trading Similar to ICICIDIRECT?
Query 4 At the end how will I come to know about the profit or Loss incurred by me?