open an online share trading account

1
You can open an online demat account
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You can open an online account, which is linked
to a depository participant and your bank
account. An online account is less expensive and
quicker.
Stock market investments play an important role
in planning of your finances. Profits and bonuses
from such investments can go a long way in adding
to your regular income and meeting expenses. Once
you have decided to invest in the share market,
there a number of steps that need to be taken
before you can make your first transaction.Here
are the most important ones .
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Determine financial goalsYour financial goals
will help determine the type of stocks you should
invest in.If you are after quick and aggressive
returns, you may opt for volatile, high risk
stocks. If you are a steady, long-term investor,
you may opt for blue chip stocks.
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Get educated Learn how the stock market works and
what factors affect the movements of the
stocks.Having the broader picture in mind will
enable you to take better investment decisions.
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5
Open a demat/trading account To invest in the
stock market, you will need to open a demat
account. You can do this either offline or
online. Offline account This is a
traditional brooking account, where you can place
an order either through the telephone or by
visiting the brokerage house personally.
While there are some advantages of this method
like professional advise, personal service, etc.
there are some drawbacks like longer execution
time, high maintenance and service costs, etc. as
well. .
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Online account You can also open an online
account, which is linked to a depository
participant and your bank account. You can place
buy/sell orders directly, and the money will be
accordingly debited from/credited into your bank
account. Maintaining an online account is less
expensive, and the execution
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Make your first transaction Once you have
identified the stock that has the potential to
meet your financial goals, you are ready to make
your first transaction. Note that the stock
market is volatile and the stock prices keep
changing every minute. Seek advice from your
broker or a financial adviser before buying or
selling any stock. After some time you earn money
.
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