Friday, February 3, 2012

Common Terms used in Share market(3 FEB)

GOLDEN INVESTMENT RESEARCH PRIVATE LIMITED

Common Terms/Definitions used in Share market

DATE 03.02.2012

Share Trading - Buying and selling of shares is called as share trading.

Open - The first price at which the stock opens in the morning when the market opens at 9:00 AM.

High - The stock price reached at the highest level throughout the trading day

Low - The stock price reached the lowest level throughout the trading day.

Close - The final price of the stock when the market closes for a day or the stock price at which it remains at the time of closing the market at 3:30 PM

Volume - Volume is nothing but quantity of shares.

Bid - The Buying price is called as Bid price.

Offer - The selling price is called as offer price.

Bid Quantity - The total number of shares available for buying is called as Bid Quantity.

Offer Quantity - The total number of shares available for selling is called as Offer Quantity.

Short selling - First selling and then buying (this only happens in day trading) is called as short sell or shorting of sell.

Transaction - One complete cycle of buying and selling of shares is considered as one Transaction.

Squaring off - This term is used to complete one transaction. Means if you buy then have to sell (means square off) and if you short sell then you have to buy (means square off).

Limit Order - In limit order, the buying or selling price has to be mentioned and when the share price comes to that price then the order will get executed with the price mentioned by the trader.     

Market Order - When you put buy or sell price at market rate then the price get executes at the current rate of market. The market order get immediately executed at the current available price. 

Stop Loss Orders - As the name indicates the stop loss orders are used to stop or limit the losses in the share market.
Stop loss orders are limit price set by traders at which the order will automatically enter or exit the
trade.
The stop loss order is placed below the current
market price of the stock to stop the loss in buy position and above the current market price to stop the loss in short sell position. 

Margin Trading - Margin amount is the amount given by broker for day trading. The trading done using margin amount is called as margin trading.
If you use margin amount then the trades has to be closed on the same day.

Alpha stock - A weighted measure of how much a stock has risen or fallen over a certain period, usually a year. Generally, more emphasis is placed on recent activity by assigning higher weights to it than those assigned to earlier movements. This helps to give a return figure that has a greater focus on the most current period and is a more relevant measure for short-term analysis.
If the
stock was up over the period, it will have a positively weighted alpha. An unchanged stock price has a small weighted alpha. A stock whose price has fallen over the period will have a negatively weighted alpha. Technical analysts use this measure to identify companies that have shown a strong trend over the past year and, more specifically, to focus their attention on companies whose momentum is building.

Beta Stock - Beta is a measure of a stock's volatility in relation to the market. By definition, the market has a beta of 1.0, and individual stocks are ranked according to how much they deviate from the market. A stock that swings more than the market over time has a beta above 1.0. If a stock moves less than the market, the stock's beta is less than 1.0. High-beta stocks are supposed to be riskier but provide a potential for higher returns; low-beta stocks pose less risk but also lower returns.

Bull Phase - when the market keeps going up it is called as Bull phase or cycle.

Bear Phase - when the market keeps going down it is called as Bear phase or cycle.

Forex Trading - Trading done in currency is called as Forex trading

Online Share Trading - Buying and selling of shares through internet during market hours is called as online share trading

Offline Share Trading - Buying and selling of shares through broker and placing orders through telephone is called as offline share trading. The offline share trading can be done during live market hours and also when the market is closed by placing order through telephone to broker.

Mutual Fund - It is a financial instrument which collects money from all investor and then invests in financial instruments like stocks, bonds, etc. It is managed by fund manager

Investor - The person investing the money in stocks for long term based on the fundamentals of the company is called as investor. Long term like 2 to 5 years or even for 10 years.

Trader - The person who trades to make quick money in share market is called as trader. The trader is not concerned about the company’s fundamentals. The trader waits for any type of news which gives an opportunity to make money in a day or in a week or in a month.

Penny stock - The stock price less then Rs 1 is called as penny stock.

Large Cap stocks - Shares of those companies with a market capitalization over Rs. 1000 crores is called as large cap stocks

Mid Cap stocks - Shares of those companies with a market capitalization between Rs. 100 crores and Rs. 1000 crores is called as Mid cap stocks

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