Online Trading gets Simpler - Open Demat Account and Start Trading in Just one Hour!
Nowadays, investing in the stock market has become easier because of the advent of internet. Enthusiasts who earlier wanted to invest in the stock market and make a fortune can now do so because of easier accessibility and lower costs. Once Demat accounts paved its way through, trading in physical paper form became defunct. The advent of technology has made it easier for investors to hold their stocks in dematerialized form or Demat form. You don’t need to fill in any paperwork nor hold any share certificates anymore.
Depending on your preference, you can opt to be a short-term investor or a long-term investor. As a short-term investor, you must have a higher risk appetite. When you carry out intraday trading, you buy and sell a certain securities on the same day. Intraday traders do this to cash in on sudden gains of a security’s value or are shorting a stock so that they can gain the drop in value. This is however a risky trading mechanism because of the rapidly changing nature of the stock market. You need to pin your hopes on technical analysis in order to capitalize on short-term intraday gains.
On the other hand if you are a long-term investor with a lower risk appetite, you will have to invest in the shares of stocks that you like and will have to stay put for a certain period of time to meet your financial goals.
But, the world of trading is an ever-changing maze. How can you survive in a world, where nothing is permanent?
Here’s a few online trading tips to stay on top of things:
- Choose a trading style and stick to it.
- Choose a broker that matches your trading style.
- Do not let your emotions cloud your judgment.
- Always carry out extensive research before you invest in a certain stock.
- Don’t follow hot tips about certain stocks. That’s gambling.
If you want to trade, all you need to do is open a Demat account. You need to have a PAN (Permanent Account Number) Card, and select a broker in order to open the demat account. All trades are now settled in dematerialized form and your demat account acts as a depository that holds your securities in demat form.
With a demat account, you also get a trading account. A trading account basically facilitates your trading activities. Let’s say you want to buy 5 units of stock of a certain company, your trading account helps you execute the order and your demat account lets you hold the stock in the dematerialized form after the trade has been executed.
When you opt to open a demat account with Angel Broking, the entire verification process gets over in a jiffy. Guess what, you can start trading on your lifetime trading account within an hour of opening the account. You will get access to all markets and specialized reports when you open an account with Angel Broking.
When you have an Angel Broking demat account, you can purchase and sell stocks on the same day of purchase. Usually you need to wait for delivery after two days, but with this account you get your stocks delivered that day without any delay.
Welcome to the world of trading!