ETF trade procedure

#1
I coudn't find the procedure to start trading ETFS. Can anyone please help me with it. I have a account with HDFCSEC.

Couldn't find any post so started a new thread
 

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#2
Hi,
ETF trade procedure is the same as trading any stock!

For example you can trade the Nifty ETF or Nifty Junior ETF. They are stocks with scrip called NIFTYBEES and JUNIORBEES. Find the scrip code and enter a buy with limit price and number of shares you want to buy. When you want to sell enter the no. of shares and price at which you want to sell.

This is the simple method. You may want to look at some strategy to find the trend of the underlying stock (in these cases the underlying index) and trade according to that strategy. i.e. Moving average crossover etc.

Hope this helps,
 

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