Basic of the Stock Market - Part 2
As a build up to my previous blog which was also on the Stock Market , I will be explaining the various types of Orders for buying shares, the notion of Intraday Trading and a very important concept for traders which is Short Selling . Types of Orders There are various types of orders which an investor can place to buy shares. They are: Limit Order (LO) - Usually, an investor buys shares at their current market price. However, if the share's market price is at ¥500 and the investor wants to buy it at ¥475, he can place a Limit Order; following which, the order will get executed only when the market price drops to ¥475. Market Price Order (MPO) - This is an order where the buyer/seller is ready to execute the order at the current market price. After Market Order ( AMO) - In India, investors can trade/invest in the stock market from 9:30 A.M till 3:30 P.M. However, if an investor wants to buy/sell shares after the market hours, he can place an AMO. However, the order will only