Order entry
intraday: buy or sell within 1 day
delivery: buy /sell until the successful transaction
T+2: 2 working days from trade date
T+5: 5 working days from trade date.
AMO: After Market Order (placing order after closing & before opening of market, order between ).
IOC: immediate order or cancel
Stop loss -l limit means we have to specify
Stop loss -m limit to the
Market value: selling or buying the stock based on market to excute immediate order
Order types
Market Order:
buy /sell immediately at market price
Limit order:
buy / sell at specific price or better.
Buy limit order excuted at specific marked price or lower. Incase of selling specific price or higher.
Ex: stock trading at 11 but want to buy it for 10 as soon as it drops our order will excute.
Stop loss order:
excute order range 12 -10
10is stop loss, if stock not traded at 12, then go to 11 or 10.
Buy stop order
buying above market price, selling below market price.
ETF: exchange traded funds also known as index funds. Buying index of nitfy 50 or sensex or sector index. (some portion of each stock listed in stock index ex: nifty 50).
Swing trade: it’s opposite to intraday trade. We can buy and sell anytime (mostly within months termed as Swing trade).
Intraday square off margin: intraday stocks has to squareoff before closing the market.
Bracket order: mix of market order, limit order, stop loss order.
Cover Order:
Lien/unlien: liening money from savings to trading account (net lien money earns saving account interest) unlike fund transfer from saving account.
Net lien amount: liened amount not used for trading
Ledger balance: after the trade calculation if any amount there is to transfer to saving account.
Collateral amount: also called as margin half value of stock holding available to trade by lending from broker
Margin money: margin money allocated broke based on 50% of stocks also called as collateral.