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Showing posts from January, 2018
Basic Trading Terms_2:   Here I came up with another set of basic trading terms, with this one can attain complete knowledge about basic trading terms, below image will give you a clear picture, Open - The opening price of the stock on a particular day High - The high price it traded today Low - The low price it traded today Close - Closing price of last trading minute LTP - Last or Latest trading price LTQ - Last trading quantity ATP - Average trading price Volume - Total number of quantity traded on a particular day  Keep this thing in your mind all the time so that we cannot get confused when seeing the same in order book.
Basic Trading Terms_1:  Learning the basic trading terms is very important when someone is trading in market. Because, when we see our order book it will confuse us badly, after that googling about it will not make sense, so I am writing a detailed post about it. Below I have given a picture of a snap quote , it is very important when buying or selling the stock, Can you guess what these terms are representing? you can easily say the buyers and seller column as total buyers and sellers right? that is correct anyway. Here the Best buy represents, who ever willing to pay to buy a stock but the one who places the high price will come to first in queue and his order will get executed first. Like same for sellers as well, but here when some one willing to sell at low price will come first in queue when ever these two prices are matching a trade will happen. TBQ represents - Total Buy Quantity TSQ represents - Total Sell Quantity Will see more about basic terms ...
What is Stock Market?   Let me start from basics, please don't be in a hurry to read this. Once our basics are strong then we can understand the further concepts easily, if we want to jump directly to tenth grade maths without completing fifth grade, then we will definitely fail in the board exam. Coming back to the question, What is stock market? when I started trading I had many views about it but if we discuss that here then it will take whole day! So, stock market is a place where buyers and sellers meet, that's it. It is also like a normal vegetable and groceries market but the only difference is the product which is getting traded. Now everything become online but before 20 years we have to visit the stock market to trade on shares[Thanks to the technology, I don't like crowd]. Every one can open a trading account and start trading with even 5000 rupees today, it is that easy, but getting profit is not that easy.
Why Techstosis?     I have created this name with the combination of three powerful word from stock market, Technical+Stock+Analysis. Who ever trading in stocks can be very familiar with this name I guess. So why should you read this blog? because, Here I have explained the importance of Technical Analysis and how it works in stock market especially on charts. All the traders who are very much interested to trade in market will find this blog useful and helpful.