Share market basics
Good Till Triggered: an order that stays live for a long period and is sent to the exchange only when your chosen trigger price is reached.
A GTT, or Good Till Triggered, order lets you set a trigger price and a limit price, and the broker keeps the instruction alive for weeks or months, usually up to a year, until the trigger is hit. Regular exchange orders expire at the end of the day, so GTT solves the problem of waiting for a price without placing a fresh order every morning. Suppose SBI trades at ₹800 and you would like to buy at ₹760. You set a GTT with trigger ₹760 and limit ₹758; when the price touches ₹760, the buy order goes to the exchange. Investors also use GTT as a long-standing stop loss on delivery holdings. Note that a GTT is held by the broker, not the exchange, that execution is not guaranteed after triggering, and that a corporate action such as a split can make the trigger irrelevant.
VideoA share is a portion of a company. The share market is where those portions change hands. Here is how it works, what you can trade in it, and why most people who trade actively lose money.
VideoThe share market runs on two activities that look alike and are nothing alike. Investing is owning a business for years. Trading is profiting from price moves over hours or weeks. Mixing them up is behind most early losses.
VideoTrading comes in a few distinct forms, and the one you pick decides how much time, capital and stress it takes. This lesson explains intraday, swing, positional, futures and options trading with Indian examples.
