Trading in share market is one of the ways to invest money and grow wealth over a period of time. It requires an understanding of the share market, how the prices get impacted and how to make trade decisions to draw profits.

Trading account is needed to transact in the share market and the shares bought are deposited in the Demat account. We’ll deep dive into this and help you understand how to operate Demat account step by step:

1. Login to your Demat and trading account. Your stockbroker will provide the login credentials.
2. Once you have logged in, you have to add money into your trading account from the bank account. The bank account details that you provide while account opening will be linked to your trading account.
3. Create a watchlist of your favourite stocks. Watchlist is a customized list where you add the names of companies to view their prices at one place. Click on the company name to view its in depth detail, historical prices, price changes over the days, current bid price, current ask price, etc.
4. You can select the company name and click on buy. A menu will appear to ask you regarding specifying the nature of order. You should understand the difference between Bracket Order, Cover Order, Limit Order, Market Order, etc. For example, if you chose market order, the share will be purchased at the current market price. If you choose limit order, you can specify the price at which you want the trade to get executed.
5. Next you have to specify whether the order is Intraday or Delivery. Intraday order means the buy and sell will have to be done on the same day, Delivery means you want to buy the share but do not want to sell it on the same day.
6. Once deciding on the parameters, you can place the order and voila, you have started your investment journey!