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Atharva Deshmukh

Daily Learnings... • 9m

Back with the learnings 💪 A trading terminal is your gateway to markets. You must know the operations of a trading terminal if you aspire to become an active trader.You can load the stock you are interested in on the market watch to track all the relevant information. Some basic information on a market watch is – LTP, % change, OHLC, and volumes. LTP is the Last traded price of the stock,% change is the change in LTP with respect to previous day's close. We have learnt about OHLC in previous posts and volumes is the number of shares being traded at a particular time. You must invoke a buy order form by pressing the ‘B’ key to buy a stock. Likewise, to sell a stock, you need to invoke a sell order form by pressing ‘S’ key. You choose a limit order type when you are keen on transacting at a particular price; else, you can opt for a market order.

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Atharva Deshmukh

Daily Learnings... • 9m

You choose CNC as the product type if you want to buy and hold the stock across multiple days. If you want to trade intraday, you choose MIS. An order book lets you track orders that are both open and completed. You can modify the open orders by clicking on the modify button in the order book’s bottom. Once the order is completed, you can view the trade details in the trade book. In the case of a market order, you can view the exact trade price by accessing the trade book.

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