Sunday, 21 August 2016

Paper Trading

Paper Trading concept is a very good practice platform for starters those who want to make stock market exchange their business.Now what happens in Paper Trading? There are few online Paper Trading sites where one can sit and learn the tricks of doing this business. It is a place where you invest but not in  actual money but in paper money. You can choose as many companies you want to invest in, see how your investment is doing for each company, where there is loss and where there is profit. That is you are learning which company shares to buy and which company shares not to buy. The Paper Trading environment is same as if you are really investing in real life in the companies of your choice. In this concept of Paper Trading there is no risk of loosing any of your real money and you also become wiser about many companies. This will instill confidence when you get into this business because now you know and can select the companies where you can see your money grow. One may need a Demat Account to really start this stock market exchange business. Demat Account can be opened in  your own bank but you need to have Pan Card. Pan Card is a must to apply to get a Demat Account. You can open a Demat Account with Rs 500/- only.


The two companies that have shown no loss when invested in (Paper Trading) since last three weeks are Yes Bank and ONGC Ltd.  HCL Technology, Tata Motors, Tata Steel, RIL, IOC and Maruti Suzuki shares are sometimes going up and sometimes going down. IndusInd Bank and Deccan Gold shares since past three weeks have shown only loss.

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