Absolute Beginner Guide.

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ledger balance = -465
adjusted ledger balance = -465
adjusted holdings value = 5413
gross margin =4948
available margin for trading =4948

sir, im new to investing and am not trading daily..
My account Margin statement shows as above in my online trading terminal..
what does the above mean?
does the 'available margin for trading' mean whether its the cash available because of my fund transfer to the trading account or is it because of the cash available due to the share holdings itself..?
 
May I know the difference between freely available charts(icharts.in) Vs paid charts (amibroker) and best used applications for the same.

intraday trader---which is the best
swing trader
positional trader
 

jxcess

Active Member
Can somebody please explain the concept of limit order? I have some doubts regarding this. Does a limit order mean that a trade takes place exactly at the given average price of the stock or does it happen when the limit is crossed? For eg let's say the purchase price of ACC is 1000 and I give a limit sell order of say 1% above 1000 which is 1010 and let's suppose the stock shoots up from 1000 to 1011. So would the transaction not take place given that the value of the limit order price is not equal to the current stock price?
 
jxcess:

Limit order is eligible once it cross limit amount. So to answer your question, your order will get executed at 1011 even your limit price is 1010. But keep in mind that your order might not get fill, if it price drop down again before you get fill. or you might get partial fill and then rest of order will be pending.

All: As I am also new to this forum and over all to trading, please validate my comments
 
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