Trading is a concept that if well understood, can be lucrative business opportunity. Not many are aware of the potential of the business and hence still face difficult to make that first step, especially total beginners. To help them out with their inhibitions, Bear Street has started short term classes from home itself. This will provide an insight to what trading and assets are all about. It is apt for beginners and for those with minimum knowledge of the process. To enrol for the classes, no specific academic background is required and those with mere interest to know details can join the program. Trading terminologies, techniques, strategies and all are taught with assistance from experienced professional trainers.
Trading terms and concepts
Before beginning the learning process, you must be aware of trading lingo to understand the process. Brazilian stock trading in Delhi or any other trading process involves some basic terminologies as follows
- Stock Market – It is a platform or a commonplace which has company stocks and which provides opportunity to buy and sell them. It is a collective terminology used for stock exchanges across the globe
- Bear market – It is a criterion or a market when the stock falls more than 20% of its high
- Beta- It is a measure of a stock’s volatility
- Blue chip stocks are stocks of leading companies
- Bull market – It is a market place when the stock has increasing price at least 20% above
- Broker – A person who executes trade for you i.e., buy and sell orders
- Bid price – It is the amount a trader can pay for a share of the stock
- Day trading – A process where trading activities are concluded within a day
Trades at trading floor
A trading Floor in Kanpur is actually a floor which is most commonly a part of the stock exchange building. All trades happen on the floor, so it is basically a space where traders negotiate prices for multiple assets. Hand gestures are typically used on such floors. A stock market trading floor in Lucknow is also known by the name pit owing to its circular appearance. Open outcry is the method used on trading floors which involves the following steps:
- Bidding and negotiating
- An informal contract to seal the deal
- Deal recording by both traders
- Acknowledgement by traders
The open outcry method works in total contrast to the online or telephonic trading method, but still, it is easy to have communication via the floors. Also, traders are able to make a face-to-face deal which is not possible otherwise. There are many kinds of traders who participate at the trading floor including the likes of floor broker, scalpers, position trader, spreader, hedger, specialists among others.
Being in the market of trading for quite some years from now, Bear Street has grown exponentially. It provides for a well-researched curriculum to teach students the tactics of trading right from the core. It may not help you gain expertise considering these are short term courses, but they will definitely help you build confidence to just put your best foot ahead.
