elearnmarkets learn2tarde youtube video

Trading Terminal क्या है और उसका प्रयोग कैसे करे ?

Learn2Trade Series: Episode 3

In this third episode of Learn2Trade, Mr. Vivek Bajaj digs into the details of the trading terminal, providing insights into the essential terminology and guidelines for beginners to use the trading interface.

As understanding the trading platform is crucial for beginners, Mr. Bajaj emphasizes the importance of simplicity and clarity in the trading layout to facilitate an easier and more efficient trading experience. It is vital not to confuse yourself with complex templates and different parameters. The more straightforward the format, the easier it will be to start trading.

Watch the entire video for a free beginner's guide to trading terminals

What You Will Learn

Mr. Bajaj explains all the trading terminal terms like bid price and ask price and why it's important to track specific boundaries like last traded price, average traded price, open and closed, and high and low. By showing these key terms and concepts through this episode, Vivek Bajaj helps traders gain a deeper understanding of the trading platform and make well-informed trading decisions. He will ultimately show his trading terminal layout and guide how to create an optimal format for beginners in the stock market.

For every trader, selecting a trading interface is very essential. Mr. Bajaj offers practical views into the account-opening procedure, focusing on the simplicity of using electronic Know Your Customer (e-KYC) processes. He also recommends being cautious when selecting discount brokers solely based on cost, challenging the prevailing trend, and encouraging new participants to consider the importance of neighborhood brokers, highlighting accessibility and one-to-one support.

Next, he explains the important interface columns: trading symbols, market price, bid-ask dynamics, bid quantity, ask quantity, and last traded price (LTP). Vivek Bajaj defines tick size as the minimal fluctuation in stock prices and highlights the importance of liquidity, with an emphasis on understanding the impact of cost and how it may affect trading choices.

He then moves into the intricacies of percentage change, a crucial metric for assessing stock performance. You will understand its importance while using relative movement and its potential impact on trading decisions. He then talks about the Average Traded Price (ATP), a weighted average based on volume, as a valuable metric. You will learn how ATP offers insights into significant transactions and provides a detailed understanding of market dynamics.

He further clarifies the idea of accumulation by major traders, showing how these participants purposefully space out their purchases to avoid attracting attention from the market.

In a nutshell, the third episode in the Learn2Trade series, explores critical aspects, from choosing a trading terminal and brokerage to understanding key columns in the trading interface. With Vivek Bajaj's expert guidance and detail-oriented approach to trading terminal, trading interface, and trading platform, you'll be able to better understand the complexities of the stock market and boost profits during trading. Don't miss out on this opportunity to enhance your trading skills and gain an advantage in the market with Vivek Bajaj as your trusted mentor.

Join our A2Z of Stock Market for Beginners: Stock Market Course For Beginners & Start your Stock Market Journey today

Frequently Asked Questions (FAQs)

Q1. What is trading terminal in stock market?

A trading terminal in the stock market is a software interface that allows traders to purchase and sell financial instruments. It offers order placing and execution capabilities, advanced charting tools for technical analysis, real-time market data, and portfolio management features. Traders use the terminal to manage their investment portfolios, execute trades, and remain up to date on market moves.

Q2. What is the difference between neighbourhood brokers and online brokers?

Neighbourhood brokers, often referred to as traditional or full-service brokers, operate their businesses out of physical locations and provide individualised, in-person communications. They are appropriate for people who appreciate mentorship since they offer full support, including research and investing guidance. Conversely, discount or online brokers mostly use digital platforms to do business; they provide less personalized services but charge less to execute deals. Neighbourhood brokers prioritize a helpful, hands-on approach to trading, whereas online brokers provide cost-effectiveness and ease. The choice between them comes down to whether someone would rather have more personalized guidance or a more economical, self-directed approach.

About Mr. Vivek Bajaj

Vivek bajaj image

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

Learn2Trade Series: Episode 3

In this third episode of Learn2Trade, Mr. Vivek Bajaj digs into the details of the trading terminal, providing insights into the essential terminology and guidelines for beginners to use the trading interface.

As understanding the trading platform is crucial for beginners, Mr. Bajaj emphasizes the importance of simplicity and clarity in the trading layout to facilitate an easier and more efficient trading experience. It is vital not to confuse yourself with complex templates and different parameters. The more straightforward the format, the easier it will be to start trading.

Watch the entire video for a free beginner's guide to trading terminals

What You Will Learn

Mr. Bajaj explains all the trading terminal terms like bid price and ask price and why it's important to track specific boundaries like last traded price, average traded price, open and closed, and high and low. By showing these key terms and concepts through this episode, Vivek Bajaj helps traders gain a deeper understanding of the trading platform and make well-informed trading decisions. He will ultimately show his trading terminal layout and guide how to create an optimal format for beginners in the stock market.

For every trader, selecting a trading interface is very essential. Mr. Bajaj offers practical views into the account-opening procedure, focusing on the simplicity of using electronic Know Your Customer (e-KYC) processes. He also recommends being cautious when selecting discount brokers solely based on cost, challenging the prevailing trend, and encouraging new participants to consider the importance of neighborhood brokers, highlighting accessibility and one-to-one support.

Next, he explains the important interface columns: trading symbols, market price, bid-ask dynamics, bid quantity, ask quantity, and last traded price (LTP). Vivek Bajaj defines tick size as the minimal fluctuation in stock prices and highlights the importance of liquidity, with an emphasis on understanding the impact of cost and how it may affect trading choices.

He then moves into the intricacies of percentage change, a crucial metric for assessing stock performance. You will understand its importance while using relative movement and its potential impact on trading decisions. He then talks about the Average Traded Price (ATP), a weighted average based on volume, as a valuable metric. You will learn how ATP offers insights into significant transactions and provides a detailed understanding of market dynamics.

He further clarifies the idea of accumulation by major traders, showing how these participants purposefully space out their purchases to avoid attracting attention from the market.

In a nutshell, the third episode in the Learn2Trade series, explores critical aspects, from choosing a trading terminal and brokerage to understanding key columns in the trading interface. With Vivek Bajaj's expert guidance and detail-oriented approach to trading terminal, trading interface, and trading platform, you'll be able to better understand the complexities of the stock market and boost profits during trading. Don't miss out on this opportunity to enhance your trading skills and gain an advantage in the market with Vivek Bajaj as your trusted mentor.

Join our A2Z of Stock Market for Beginners: Stock Market Course For Beginners & Start your Stock Market Journey today

Frequently Asked Questions (FAQs)

Q1. What is trading terminal in stock market?

A trading terminal in the stock market is a software interface that allows traders to purchase and sell financial instruments. It offers order placing and execution capabilities, advanced charting tools for technical analysis, real-time market data, and portfolio management features. Traders use the terminal to manage their investment portfolios, execute trades, and remain up to date on market moves.

Q2. What is the difference between neighbourhood brokers and online brokers?

Neighbourhood brokers, often referred to as traditional or full-service brokers, operate their businesses out of physical locations and provide individualised, in-person communications. They are appropriate for people who appreciate mentorship since they offer full support, including research and investing guidance. Conversely, discount or online brokers mostly use digital platforms to do business; they provide less personalized services but charge less to execute deals. Neighbourhood brokers prioritize a helpful, hands-on approach to trading, whereas online brokers provide cost-effectiveness and ease. The choice between them comes down to whether someone would rather have more personalized guidance or a more economical, self-directed approach.

About Mr. Vivek Bajaj

Vivek bajaj image

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

Other series by Elearnmarkets

Through this series, watch Vivek Bajaj simplify investing and key components required to build a habit of investing and unleash the power of compounding.

All Episodes

Other series by Elearnmarkets

Watch Mr. Vivek Bajaj introduce the basic concepts of trading and discuss the various stock market indicators.