Online stock trading has opened the world of stocks to millions of young investors who might not have considered investing in stocks otherwise. The get-rich-quick success stories have further boosted the attraction for stock market. However, it is not that simple as it looks on the ground and many have burnt their fingers. The continuing bull-run in the market is another reason for investors queuing up to enter the world of online trading without sufficient knowledge of the market and without any prior home work. However, once the bears take control of market trends, even for a short period of time, the investors realize that it is the time to harness their knowledge and strategies for playing the stock market game. The rule of the game is that though internet has made stock trading simple, it has not changed the basic fundamental of smart investing. The investors still need to follow certain rules and guidelines to help them make money the smart way, no matter whether they invest online or through traditional way.
Indian Capital Market Scenario
A huge range of websites and trading portals are available that provides an investor with daily market commentary, stock tips and trading fundamentals other than trading and depository facilities. But they all come along with high cost and extreme risk, none of them provides an emerging investor with a safe learning space at zero cost. Sensex at 14,000 is the most talked about topic these days and everybody seems to be interested. Every body is euphoric about this phenomenal rally. But most of them do not make sense of it. They only understand one thing that there is lot of money involved and some big bulls out there are making lot of money. But they really wonder as to where be their pie of 14,000 and here emerges Khelostocks that empowers masses to get their share of thrill, adventure and capital market education out of this rally. Khelostocks can cater to all these people, those who do not have money, those who have money but are risk averse, those who have money and also willing to takes risk but do not have the know how. Khelostocks is a one stop Virtual Stocks Trading Portal of India.
Liberalization and consistent economic growth of India in past decade has lead to the emergence of a bullish phase in the Indian stock markets. The exorbitant growth rate show cased by stock markets has attracted a whole new breed of investors, which consists of youngsters working in knowledge economy, students and housewives. These are the people with lot of liquid money in hand and free excess to internet together with a simple goal of making fast money. These youngsters, who splurge at malls, shopping plazas and multiplexes, have high disposable incomes. They are “the young and the restless”. These ‘spendthrift’ professionals have now chosen investing in stocks as an expressway to making fast bucks. But the point to notice here is that most of these potential customers belong to middle class, they are risk averse and they are huge in number.
How to learn
Khelostocks.com at this point emerges as the only opportunity for this emerging group of willing investors to test their trading fundamentals and techniques and learn new ones and turn themselves into savvy investors, before stepping into the real market. It is typically a stock game which provides learning as well as thrill of trading. At the same time high performers on Khelostocks can get cash prizes on daily basis.
Khelostocks is a virtual stocks trading portal. It’s a platform that helps an evolving investor to experience the dynamics of real time stocks trading at zero cost and zero risk. Here a willing investor can trade in equities of top Indian corporate in a virtual manner. It helps client to learn and test most of the online trading techniques and fundamentals. With my personel experience and analysis I can say it is the most safe way of experiencing stocks trading as close as real.
How it works
Every client, on signing up, which is free, is provided with virtual one million rupees. Market data is streamed on a real time basis into the Khelostocks systems from National Stock Exchange for 400 companies listed on NSE. A user can place buy or sell order on both intraday and delivery basis in the Khelostocks trading systems using the virtual cash provided to him. Order can be placed at both limit and market rates. Now as the desired trading rate by the client is reached in the spot market his outstanding order is materialized and client becomes an owner or seller of the script as the case may be. As long as the order remains outstanding in the Khelostocks order book, corresponding margin is blocked for the Client. On buy trade, money is deducted from his cash assets and in case of a sell trade money is credited to his cash assets. Client’s net profit, loss and net assets are updated to his Account summary. Hence the client is playing with real time stock values and trading techniques but with virtual money. To help traders to make a head start khelostocks provide them with daily Market Outlook and intraday as well as delivery based Stock Tips. It has easy to use Streamer, Get Quotes, Stocks Calls facility and gives explanation to niche market terms that helps evolving investor to understand the market lingo. It also facilitates clients to ask their queries and doubts. Khelostocks provides an exclusive News Room that provides the latest business and market news from various sources at one place. It even has hosted a number of Trading Tutorials that help investors to learn the basics of trading.