How to be a good stock trader? Learn the art of double or nothing!
By Harsh Doshi
The first word that comes to mind after watching stock Exchange fluctuations after the Union budget 2018 is – Yo-Yo! Yes, the ball tied to a string, pulling it back and forth; only that, market fluctuations are caused by many such chains. But these same fluctuations provide multiple opportunities to increase your market returns. Given the capital gains tax structure and an announcement of the new “sponsored” 10% long-term capital gains tax; the higher the yield, the better.
Track stock levels – wherever you are!
The very first step to investing in the market is to open a dematerialized account. However, before doing this, a novice investor should research the right brokerage firm. Fortunately, the days when you had to make a phone call to get in touch with a broker are long gone. A competent brokerage firm at the present time not only provides you with an online platform to invest and trade, but also gives you valuable information through its own research. Other than that, the trading platform should be integrated with all your devices, enhancing the convenience of investing to combat high market volatility. This must be coupled with maintaining rock-solid trust, as entrusting your life’s savings could be nerve-wracking in the absence of such assurances of credibility.
For me, this is all made possible by Kotak Securities. Above all, the Kotak house is a well-known and trusted company in the country. The website is easy to use and rightly boasts of convenience. It efficiently lists the major market studies, providing you with all the data you would need to make an informed decision. Whether you are a beginner or an expert, it has something for everyone. For example, if you’re just venturing into what seems like the dark and deep world of trading, there’s the “Kotak Securities Academy” to arm you with the A-Z of trading. And for the more experienced players, it offers you daily, weekly, fortnightly, monthly and yearly reports that cover all aspects of the market. In addition, there is an active support mechanism in case of doubts and questions. And what’s more, there are a variety of gadgets you can use to access the platform – yes, even your landline. In fact, Kotak has taken it a step further by becoming the first brokerage firm in the BFSI industry to launch “Chat to trade” – a feature that makes trading as easy as chatting. The installation allows you to start trading by sending a WhatsApp or Telegram message to 7400 102 102 from your registered mobile number. But wait, that’s not it! There is more.
Double or nothing!
Along with these amazing features, Kotak Securities also offers you a range of fun yet safe options to make your trading even more exciting. Let me take you back in time and ask if you remember betting double or nothing with your friends? Kotak Securities lets you do this one more time, but trade this time. So, at certain times on certain types of trades, you pay twice the brokerage if you make a profit, but absolutely no brokerage if you make a loss! It’s how much he relies on his own advice and cares about your well-being. Quite commendable, isn’t it?
The benefits, however, don’t end there. Kotak Securities brings its own version of “happy hours”, where during certain hours on certain types of trades. It gives you 50% discount on brokerage! So you only pay half the cost and enjoy 100% profit. In my opinion, this is exactly what sets it apart from other brokerages. There are a range of tools that help you save money, which means you make more money.
Trading at Kotak Securities is therefore very similar to Texas Hold’em Poker, the only difference being that every hand you have played will work in your favor. They say if the table isn’t put in your way, just turn the table. Kotak Securities does exactly that for you! It does everything in its power to give you a smooth trading experience, while guiding you through all the twists and turns, making you want to step out of your comfort zone and win big. So what are you waiting for?
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Featured Image Credits: Pexels
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