Hi fellow traders,
I am a Graduate student. I've Keen interest to trading in Stocks/Commodities/Securities. Recently, I've opened an Online Trading account in Sharekhan. Before investing, I want to get clarified some of my queries.
1. What are the timings of Trading?
2. What are the working days for Trading?
3. Can I buy and sell the Shares on the same day?
4. Can I claim exemption under Income Tax Act if I incur loss?
5. Is there any restrictions in the number of Transactions per day?
6. Besides Brokerage charges, is there any other charges that needs to be paid?
7. Do I've to enclose a KYC Compliance or MAPIN ID , if my investment exceeds above 50,000/- INR.
8. Can I buy and sell the shares on Hourly basis, if the share value depreciates or appreciates?
9. As I already mentioned that I'm a Graduate student, will I be liable to pay tax irrespective of Gain/Loss?
10. Is there any Study material available in maket to brush up the trading knowledge? If you want a quick return on your money then trading in cfd,s is the way to go.
You dont actually buy shares as such but buy a contract on the assets.
You then earn or lose money on the opening and closing price of the asset.
Many people have got rich very quick from cfd's but there is also the risk of losing money quickly.
Finding a broker will help as they can advice you on stops that sell when the
asset falls below a certain amount you can afford to lose.
you can find more information at
http://www.cfd-to-cfd-trading.co.uk In futures trading, it is as easy to sell (also referred to as going short) as it is to buy (also referred to as going long).
By choosing correctly, you can make money whether prices go up or down. Therefore, trading a diversified portfolio of futures markets offers the opportunity to profit from any potential economic scenario. Regardless of whether we have inflation or deflation, boom or depression, hurricanes, droughts, famines or freezes, there is always the potential for profit trading commodities.
There are even tax advantages to making your money from futures trading. Regardless of the actual holding period, commodity profits are automatically taxed as sixty percent long-term capital gains and forty percent short-term capital gains.
The current maximum capital gains rate is thirty-three percent, somewhat less than the maximum rate for ordinary income. To the extent that capital gains tax rates are reduced in the future, commodity traders will benefit. If a distinction is re-established so that taxes on long-term gains are lower than on short-term gains, commodity traders will benefit.
Commodity/Forex speculation offers an important advantage over such illiquid vehicles as real estate and collectibles. The balance in your account is always available. If you maintain sufficient margin, you can even spend your current profit on a trade without closing out the position. With stocks, bonds and real estate, you can't spend your gains until you actually sell the investment.
The information is provided for educational purposes,local country and stocks rule and regulations may apply. different stock exchanges have different trading rules e.g. in China shares are to be sold the next day after buying and u cannot short a stock. opening hours are very different as the time zones factored in. the url below has all the strategies and info u need for trading. hope this helps..
http://www.101stockinvestments.com/ Curious About The First Commercially Available Stock Trading \"Robot\" Which Earns $346.77 Per Week (Managing $1000 Capital). < http://firewind99.affstocks.hop.clickban... > #1
SUGGESTION #1. BUY LOW SELL HIGH!
SUGGESTION #2. DIVERSIFY YOUR HOLDINGS
SUGGESTION #3. UNDERSTAND THE BUSINESS YOUR INVESTING IN
YOU NEED TO UNDERSTAND WHAT DETERMINES A COMPANIES VALUE; P/E RATIOS, GROWTH RATES, ITS PERFORMANCE COMPARED TO IT'S COMPETITORS, CASH TO DEBT RATIOS, INDUSTRY TRENDS AND BUSINESS CYCLES. AND HAVE A CLEAR UNDERSTANDING OF OPERATIONS AND HOW CHANGING EVENTS WILL EFFECT PROFITS.
#2
MON-FRI
#3 YES YOU CAN, BUT NOT A GOOD STRATEGY
#4 YES, USUALLY AGAINST YOUR PROFITS WHAT THE TERMS " WASH SALE" AND "FREE RIDE" ARE.
#5 READ ABOUT MARGIN ACCOUNTS VS. CASH ACCOUNTS, NOTE THAT W/ A CASH ACCT.ALL THE PROCEEDS FROM THE SALE OF STOCKS ARE CONCIDERED UNSETTLED FUNDS AND MAY BE USED TO BUY STOCK AT ANY TIME HOWEVER MUST BE HELD IN THAT STOCK UNTIL THE SETTLEMENT DATE OF THE INITIAL SALE (SEE FREE RIDE RULE). ALSO FAMILLIARIZE YOURSELF W/ S.E.C RULES AND REGULATIONS GOVERNING THE TRADING OF EQUITIES/ SECURITIES.
#6.READ AND UNDERSTAND YOUR CONTRACT W/ BROKER, INCLUDING FEES, SERVICES, & PRODUCTS. ASK LOTS QUESTIONS. THE "YAHOO.COM" FINANCE/; EDUCATION CENTER AND GLOSSERY OF TERMS ARE A GOOD RESOURCE.
#7. ???????
#8.EASY THERE WARREN BUFFET (IF YOU DONT KNOW WHO HE IS, FIND OUT.) I RECOMEND BUYING A COMP. WITH STRONG FUNDEMENTALS, OFFERS VALUE COMPARED TO ITS COMPETERS, AND/OR GROWTH POTENTIAL. DO THAT AND YOUR STOCK MOST LIKLEY WILL CONTINUE TO GO UP, AND YOU WONT OWN IT. 1ST LOOK AT SECTOR/INDUSTRY.THEN SUB-SECTOR, THEN THE BEST OF BREED CO. IN THAT GROUP.
#9???????
#10 SOUND STRAGITY |
