What are the Main Strategy of Successful Trader About Stock Market Investment?
Article: What are the Main Strategy of Successful Trader About Stock Market Investment?
The first and most important step is to pick a proper brokerage firm/Demat account. The reasons for my 13 years of experience are here:
- The Brokerage based Demat account is best over Bank based Demat account, the reason is you can easily get the answer on your holdings or charges with brokerage firms in a better way, they are trading professionals, and unlike bank professionals, they will have better knowledge.
- The Right stock broker choice helps you have a lot of funds that go out of your pocket as Brokerage, supports a total work of 1lakh rupee trade from one firm to other would-be charges from 300Rs to 3500Rs. At the same time if you are cautious in choosing the broker then you can just finish this job in 20Rs.
- Zerodha offers a delivery free Demat account, which means any trades you do and hold shares your Demat account for more than 3 busness days will become free of cost, literally zero charges applied even when you make 10lakh work trade, the other firms still keeping their charges here.
- Zerodha provides the finest trading platform, which is also the largest used application in India for trading, so Zerodha Kite is ranked as the best in the Industry.
- Choosing a firm that also focuses on education, Zerodha varsity does the job satisfactorily, and probably non of the other Indian firms hold this kind of education application.
- Zerodha day trading charges are very low, either 20Rd or 0.03% whichever is lower, it means even for a crore worth of trade you will only get the charges of 20Rs.
So, choosing a proper brokerage firm becomes the most important job.