The share market is much popular as a field where with a little capital and limited risk one can trade. This trading if made as per a strategy can lead to good profit in short run also. However, there are different segments such as intraday, delivery, future and options and each of them has different pros and cons. The positives and negatives of each of these segments must be checked by the trader before going for trading in any of the segments. For those who want to earn profit quickly the intraday trading can be better but those who aim a quality portfolio and want to make money, in the long run, it is required to go for the delivery based trading.
For any trading, irrespective of type and segment, one needs to have a trading account. The transactions of purchase and sale of shares take place in the trading account only. For all the types of transactions, the trader needs to pay an amount to the broker who is known as brokerage. As it is a cost for the trader, it is obvious that he needs to go for lowest brokerage trading account and for that he needs to check with a few of the service providers before opening an account with any of them.
For the account opening after thorough research one can finalize a service provider and provide required documents. In a few days, as per the process, the service provider will open an account, and then the client can start trading. One can go for an offline account where he is provided with the help of the terminal operator or go for an online account where he only needs to handle the account, and no support of such operator is provided in routine trading.
The terminal operator provides account information as well as updates to the client. The operator also updates the client about his positions and pending orders. The client can ask the operator to get the payback to his account and information about the market as well.
In the online account, the client can check his situation for funds and also go for the paybacks if required. The online account client is provided with technical support and in case of technical problems he is supported by the service provider, but that is in the exceptional cases only.
There are cash as well as derivative segments in the market where the client can trade, but at the same time, one must check if he holds enough knowledge. The cash segments have intraday and delivery options where the trader can go for the trading. The intraday is a segment where the trader can trade for a few hours and earn an average profit with limited risk. The delivery based trading is an aspect where the client can trade for a long run and create a portfolio that can fetch good return over a period. However, for this, the trader needs to have sound knowledge of trading and market movement.