Trading Terminal क्या है और उसका प्रयोग कैसे करे ?
Learn2Trade Series: Episode 3
Join our A2Z of Stock Market for Beginners: Stock Market Course For Beginners & Start your Stock Market Journey today
In this third episode, Mr. Vivek Bajaj will explain the trader terminal terminology and the guidelines to follow on a beginner's dashboard. It is vital not to confuse yourself with complex templates and different parameters. The more straightforward the format, the easier it will be to start trading.
He will explain all the trading terminal terms like bid price and ask price and why it's vital to track specific boundaries like last traded price, average traded price, open and closed, and high and low. He will ultimately show his trader terminal layout and guide on an optimal format to be trailed by novices in the stock market. Watch the entire video for a free beginner's guide to trading terminals.
What You Will Learn
For every trader, selecting a trading terminal is an essential choice. He offers practical insights into the account-opening procedure, focusing on the simplicity of the use of electronic Know Your Customer (e-KYC) processes. He also recommends being cautious when selecting discount brokers solely based on cost.
A unique point of view emerges when he challenges the general trend of discount brokers. He encourages new participants to consider the importance of neighbourhood brokers, highlighting accessibility and individualized support.
Next, he moves on to the trading terminal and goes over the important interface columns: trading symbols, market price, bid-ask dynamics, bid quantity, ask quantity, and last traded price (LTP).
He defines tick size as the minimal fluctuation in stock prices. He then highlights the significance of liquidity, with an emphasis on comprehending the impact cost and how it may affect trading choices.
Going forward, Annapurna brings up an important point regarding the preference for NSE over BSE. To which, Mr. Vivek Bajaj answered with a more nuanced perspective. He acknowledges that although NSE often offers more liquidity, the decision is dependent on individual preferences for market depth.
He then delves into the intricacies of percentage change, a crucial metric for gauging stock performance. You will grasp its significance in assessing relative movement and its potential impact on trading decisions. Further, he introduces the Average Traded Price (ATP), a weighted average based on volume, as a valuable metric. You will learn how ATP offers insights into significant transactions and provides a detailed understanding of market dynamics.
Moving on, he clarifies the idea of accumulation by major traders, showing how these participants deliberately space out their purchases to avoid attracting attention from the market.
In conclusion, the third episode in the Learn2Trade series comprehensively explores critical aspects, from choosing a trader terminal and brokerage to understanding key columns in the trading interface.
Join our A2Z of Stock Market for Beginners: Stock Market Course For Beginners & Start your Stock Market Journey today
Frequently Asked Questions (FAQs)
Q1. What is trading terminal in stock market?
A trading terminal in the stock market is a software interface that allows traders to purchase and sell financial instruments. It offers order placing and execution capabilities, advanced charting tools for technical analysis, real-time market data, and portfolio management features. Traders use the terminal to manage their investment portfolios, execute trades, and remain up to date on market moves.
Q2. What is the difference between neighbourhood brokers and online brokers?
Neighbourhood brokers, often referred to as traditional or full-service brokers, operate their businesses out of physical locations and provide individualised, in-person communications. They are appropriate for people who appreciate mentorship since they offer full support, including research and investing guidance. Conversely, discount or online brokers mostly use digital platforms to do business; they provide less personalized services but charge less to execute deals. Neighbourhood brokers prioritize a helpful, hands-on approach to trading, whereas online brokers provide cost-effectiveness and ease. The choice between them comes down to whether someone would rather have more personalized guidance or a more economical, self-directed approach.
About Mr. Vivek Bajaj
The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.
Learn2Trade Series: Episode 3
Join our A2Z of Stock Market for Beginners: Stock Market Course For Beginners & Start your Stock Market Journey today
In this third episode, Mr. Vivek Bajaj will explain the trader terminal terminology and the guidelines to follow on a beginner's dashboard. It is vital not to confuse yourself with complex templates and different parameters. The more straightforward the format, the easier it will be to start trading.
He will explain all the trading terminal terms like bid price and ask price and why it's vital to track specific boundaries like last traded price, average traded price, open and closed, and high and low. He will ultimately show his trader terminal layout and guide on an optimal format to be trailed by novices in the stock market. Watch the entire video for a free beginner's guide to trading terminals.
What You Will Learn
For every trader, selecting a trading terminal is an essential choice. He offers practical insights into the account-opening procedure, focusing on the simplicity of the use of electronic Know Your Customer (e-KYC) processes. He also recommends being cautious when selecting discount brokers solely based on cost.
A unique point of view emerges when he challenges the general trend of discount brokers. He encourages new participants to consider the importance of neighbourhood brokers, highlighting accessibility and individualized support.
Next, he moves on to the trading terminal and goes over the important interface columns: trading symbols, market price, bid-ask dynamics, bid quantity, ask quantity, and last traded price (LTP).
He defines tick size as the minimal fluctuation in stock prices. He then highlights the significance of liquidity, with an emphasis on comprehending the impact cost and how it may affect trading choices.
Going forward, Annapurna brings up an important point regarding the preference for NSE over BSE. To which, Mr. Vivek Bajaj answered with a more nuanced perspective. He acknowledges that although NSE often offers more liquidity, the decision is dependent on individual preferences for market depth.
He then delves into the intricacies of percentage change, a crucial metric for gauging stock performance. You will grasp its significance in assessing relative movement and its potential impact on trading decisions. Further, he introduces the Average Traded Price (ATP), a weighted average based on volume, as a valuable metric. You will learn how ATP offers insights into significant transactions and provides a detailed understanding of market dynamics.
Moving on, he clarifies the idea of accumulation by major traders, showing how these participants deliberately space out their purchases to avoid attracting attention from the market.
In conclusion, the third episode in the Learn2Trade series comprehensively explores critical aspects, from choosing a trader terminal and brokerage to understanding key columns in the trading interface.
Join our A2Z of Stock Market for Beginners: Stock Market Course For Beginners & Start your Stock Market Journey today
Frequently Asked Questions (FAQs)
Q1. What is trading terminal in stock market?
A trading terminal in the stock market is a software interface that allows traders to purchase and sell financial instruments. It offers order placing and execution capabilities, advanced charting tools for technical analysis, real-time market data, and portfolio management features. Traders use the terminal to manage their investment portfolios, execute trades, and remain up to date on market moves.
Q2. What is the difference between neighbourhood brokers and online brokers?
Neighbourhood brokers, often referred to as traditional or full-service brokers, operate their businesses out of physical locations and provide individualised, in-person communications. They are appropriate for people who appreciate mentorship since they offer full support, including research and investing guidance. Conversely, discount or online brokers mostly use digital platforms to do business; they provide less personalized services but charge less to execute deals. Neighbourhood brokers prioritize a helpful, hands-on approach to trading, whereas online brokers provide cost-effectiveness and ease. The choice between them comes down to whether someone would rather have more personalized guidance or a more economical, self-directed approach.
About Mr. Vivek Bajaj
The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.
Other series by Elearnmarkets
Through this series, watch Vivek Bajaj simplify investing and key components required to build a habit of investing and unleash the power of compounding.
All Episodes
- Episode 1 Stock Market में Trading की शुरुआत कैसे करे ?
- Episode 2 Share Market में Trends और Charts कैसे बनाते है?
- Episode 3 Trading Terminal क्या है और उसका प्रयोग कैसे करे ?
- Episode 4 4000+ Stocks में से कौनसे Stocks Select की जाये?
- Episode 5 आसान तरीके से Charts Track करे | TradingView का पूर्ण प्रयोग सीखे |
- Episode 6 Share Market में High Momentum Stocks कैसे निकाले?
- Episode 7 Sector की तेजी से High Momentum Stocks कैसे निकाले? - Swing Trading Strategy
- Episode 8 Derivatives का Basic Concept सरल भाषा में |
- Episode 9 क्या है Commodities Market और क्यों हमें जानना चाहिए?
- Episode 10 क्या है Commodities Market और इससे पैसे कैसे बनाये ?
- Episode 11 क्या है Currency Market और कैसे Trade करे?
- Episode 12 क्या है Moving Average का महत्त्व Share Market में Trading के लिए?
- Episode 13 केसे समझे Stock Operator क्या कर रहा है?
- Episode 14 Open Interest से Stock Operator के Position को कैसे समझे ?
- Episode 15 Stock से सही Time पे कैसे निकलें ?
- Episode 16 Fibonacci Retracement से Stock Trading कैसे करें ?
- Episode 17 Stock Trading में कितना Capital और कितना Stop Loss होना चाहिए?
- Episode 18 Candlestick Patterns क्या है और इससे Trading कैसे करें?
- Episode 19 Relative Strength से समझें किस Stock में तेज़ी खेलना है।
- Episode 20 किसी भी Stock के Volatility को कैसे समझें?
- Episode 21 Bollinger Bands से Volatile Stocks में Trading कैसे करें?
- Episode 22 Stock से EXIT करने का एक सरल तरीका।
- Episode 23 Stock Trading के लिए Relative Strength Index को कैसे use करें?
- Episode 24 अगर Stock Market में Successful होना है तो ये daily करो।
- Episode 25 Intraday Trade 12 बजे के पहले करो और पैसे बनाओ ।
- Episode 26 इस Trading Strategy से Powerful Stocks में Trade करें ।
- Episode 27 Day Trading के लिए Mother-Daughter Trading Strategy |
- Episode 28 Profitable Stocks में Trade कैसे करें?
- Episode 29 Operator का move समझने के लिए ये Excel रोज बनाओ |
- Episode 30 Excelगिरी करो और Stock Operator का Position समझो।
- Episode 31 Special Gift: Highly Profitable Premium RS Strategy सभी के लीए।
- Episode 32 Trading Strategies की अहम बातें - Stop Loss, Take Profit etc.
- Episode 33 Options Trading का पहला कदम।
- Episode 34 क्या है Option Chain और कैसे Analyse करे? | Options Trading-2
- Episode 35 Options Greeks का सबसे सरल ज्ञान इधर मिलेगा। Options Trading - 3
- Episode 36 Options Trading में Implied Volatility क्या होता है ? | Option Trading - 4
- Episode 37 Options #Strategies कैसे बनाते है? | #Options #Trading - 5
- Episode 38 एक Options Strategy आपके Extra Earnings के लिए। | Options Trading - 6
- Episode 39 Straddle और Strangle Options Strategies से Volatile Market में कैसे Trading करे?
- Episode 40 Technical Analysis Use करके Options में कैसे Trade करे ? | Options Trading - 8
- Episode 41 High-Risk, High-Return Trading Strategy : Pair Trading
- Episode 42 A2Z of Currency Market
- Episode 43 Currency Market का Trading Strategy
- Episode 44 Copper track करो और Equity में Trade करो।
- Episode 45 Zinc Commodity को Study करके Stock Trading करो।
- Episode 46 Nickel Commodity के बारे में पुरा ज्ञान |
- Episode 47 Aluminium और Lead से किस Sector को Impact होता है?
- Episode 48 Mother of all Commodities: Crude Oil के बारे में जरूरी ज्ञान।
- Episode 49 Silver में क्यों और केसे Invest करना चाहिए ?
- Episode 50 Final #Learn2Trade Session to become a Professional Trader !
Other series by Elearnmarkets
Watch Mr. Vivek Bajaj introduce the basic concepts of trading and discuss the various stock market indicators.