Stock Broking Tips
Note that the online platform may be open to a lot of people hence if you are accessing a public computer or interface, then do not save your username password or any other details.Do not make any online transaction of stocks from any web site or portal which does not begin with https. Https sites are secure sites and hence are considered safe for online buying and selling of stocks.
Do not disclose the password or the username or the secret question and answer of your Demat account to any one and remember to keep changing it at regular intervals.Make sure that the broker you use is a listed one and you keep getting periodic updates of your account details.
It is also important to understand that the market may face good times or bad times and hence your portfolio should be managed in such a way that if one type of investment or if one company falters, your entire portfolio will not get affected. Hence you should diversify your investments across a large segment of investments or a large number of companies so that if one goes through a bad phase you still do not end up making too many losses.
You should never blindly follow any market rumours or any speculation news items that come out in the public domain. You should depend on your own observations and research about the issue. A lot of trading analysts or equity research analysts come up with hot selling or hot buying items. But rather than just plainly going by what other people say you should always apply your own research and discretion before taking a final call.
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