How to Trade & Earn Money on Upstox App? |Share Market Trading & Investing

 How to Trade & Earn Money on Upstox App? |Share Market Trading & Investing

So We Are Back On Audience Demand Now in the blog a lot of people have commented

that you guys want a live demo on the upstox application that shows how you can buy shares

and sell shares and earn money.

Well, when you guys comment, we make blog  on that, so many people already have an account

on upstox.

And you guys want to know in which way you can invest, you can trade and you can make

money, then we will start step by step.

Look, I'm going to show you a live demonstration.

But for this, you have to understand that you can invest and trade in many ways.

If you have any view on a particular stock that will go up or go down, then you have

multiple options.

Now what is the option, I am telling you that.

Then we will talk about that in detail.

The first option is that if you want to buy any shares, then you buy them in cash.

If you talk about buying in cash then we call it delivery that you are taking delivery of that stock

Like when we bring something home, it is delivered.

Now we have another option that if we want, we can buy it intraday also.

Intraday means that within 1 day what do you think that the stock will increase or it will

go down, then whatever view you have that it will go up or go down.

On that basis, you can do trade on an intraday basis.

In this, you have to buy and sell on Same Day, then the stock market is open from 9:15 to

3:30 pm, so what you can do, if you have a good view, you can do intraday also.

Thirdly, you get the option that you can also trade inside futures and options of that Stock.

For example, if you are interested in reliance, I will show you the demo.

You can trade in F&O, you can trade in futures and you can trade-in options also.

So these are the things that I told you here.

We are going to see this in the live demo.

There are other things after that, which I will tell you that then you will have to stay

with me in this blog..

So you can learn everything, so now without wasting your time, we directly take you to

our mobile screen.

Here I am on my screen and I am also able to explain things step by step.

Now one thing you see here, maybe some people have the previous application of upstox, then

here this blue colour icon, it is the previous application of upstox and upstox has launched

new application recently, here you can see a new icon in purple colour, then we are going

to learn everything on the latest application.

So that you can also download this application. If you do not have an account with Upstox yet,

then I will put the link in the description and comment box.

An account is opening for free now, then you can open the account by going there, then

we will proceed step by step.

When we come to our home screen so that you will see that there are multiple watch list

options.

You can also make your watchlist here, for example, the watchlist of indices, so the

indices watchlist here is visible, and you can see the index of bank nifty.

The index of Nifty is visible.

Nifty 100, Nifty 50, Index is visible.

So You Already Know what is now, if you want to make your watchlist then you can create

a watchlist.

For example, I write a name here, PRT1, So we make a new watch list.

Now the watchlist we have made here, If we want to add a new script, then we will click

on add script.

Now we have taken an example that we are interested in Reliance, we search Reliance here.

Now here Reliance came above NSE, now we will click here on the star.

As soon as we clicked on the Star, the stock would come on our watchlist.

Similarly, let's say you are interested in ITC, so I search ITC here and I will click

on the star, So it will reach in my watchlist, so now we are directly looking here for reliance.

So from here you can buy and sell here, if you swipe it right, then it will buy, you

will come to the buy page directly, you can put your order here, if you will swipe left,

then you can place your sell order.

So as we were placing a buy order, then you have to check your view for the share, what

you think that it will grow or fall.

Then here for example I think Reliance will grow from here then I can execute one of my

buy orders.

Second, here you have to take intraday delivery.

I have told you the delivery.

We should intraday because we will get the margin.

Let me show you here an example if you want to buy 100 shares here, then if you want to

buy 100 shares, ee here that there is a share of 2375, will buy 100 shares, showing that

if you want to buy 100 shares of reliance on delivery, so you should have 2,37,500 rupees

approximately so that you can buy 100 shares.

But as I will click on intraday, you get the margin. So now to purchase 100 shares of reliance, you

need only 47000 something, if I want to buy 10 shares, then here you only need 4700, where

when you were taking delivery, if you clicked 10 shares instead of 100 shares then you only

need 23,700 rupees.

So if we are selecting intraday, you can Book your profit on the same day because we are

getting Margin.

So you can use this margin.

But some people have questions that what this limit price is.

Now let's understand the limit price.

Here I place a limit order.

Here the price is 2370, so I don't want to buy it on 2370, I want to buy it on 2365,

I have put my limit price 2365.

That's the price, my order will not be executed until this price is hit, it will be pending.

When that price comes, my order will only be executed then.

Now, above this will be profit

After this, here you are watching another thing, Trigger Price and Advanced Instructions.

Trigger price is the price at which your order will go to exchange so if you are buying then

for example you can put 2364 here.

Your order will be executed only above this trigger price.

Now here I remove the trigger price for a minute and show you what are advance instructions

so here two options are visible, CO and OCO, The meaning of CO is Cover order and OCO means

one cancel the another then one cancels the another means you can place a stop-loss you

can also put a target order.

For example, we buy any share which is ₹ 100, then our target is that if it goes to 105

then it will be sold automatically, then this is our target price, which is 105 and you

say that 98 is our stop loss that if it goes below 98 then there will only loss of ₹ 2

then our order will be sold after coming on the 98, then you will put OCO then which condition

will meet first.

If the stock reaches 105 then your order will be executed and the other will get cancelled

automatically and if it reaches 98 then it will execute and it will get cancelled then

this is the OCO, one cancels the another.

Now let's see the Cover order, in what way it will be placed.

So, when you want to put a cover order here, let's understand the meaning of the cover order

We put a limit price.

It has already come around, so I will do 60 in front of you as an example.

Now the Cover order is, you can also put stop loss along with it.

You took the price 2360 here when you chose this price, then the Stop loss means below how much money

you would like to sell it.

How much loss can you take, then you say that I can take a loss of only ₹ 10?

When 2350 will come, my share will sell automatically, so in a way, it is your cover order.

Like here you see that you are taking 10 quantities and you have put stop loss in front of you,

then as soon as you will click on review, it will show you that the quantity you have

taken is ten, you have selected a limit price of 2360.

Your stop loss is of ten.

And accordingly the margin coverage you are getting here is rupees

4700 and your taxes and charges are around ₹ 15 and as soon as you swipe to submit,

your order is sent here.Now the order sent means, We will take you here in the trade

and you will get to see in the orders that you have a sell order pending here and I had

placed an order earlier also, ignore it.

Right now we have placed a cover order for 2360 for the intraday, so 2360 is still open

for us as soon as this order is executed, it will be visible to us in positions.

It will start visible here when it will execute.

So, you can also modify it, for example, the price is going on here of 2367 and the price

limit we put here is 2360, if you want to change it, if you think I am ready to buy

on 2365, then you go to review and swipe to submit it and your order has been modified,

then here you understand the basic things.

Apart from this, there are other things here that you have to understand.

We understood it for the delivery and intraday.

When we talk about futures and options then how can you trade in that.

For example, you can see the Nifty is around ₹16900 and You have a view that the Nifty

will go up from here.

If you have such a view then you will write Nifty here and it depends on it on Futures

and Options, as soon as you think that nifty will reach ₹ 17000, then you have got all

the options here.

If you think it will reach then we also find here in options, and there are two things

in options, you buy the option, you sell the options.

If you want to buy the options, then we are explaining here also according to the buy,

we will cover selling in another video.

See, what is your view here, if you think that nifty will go up from here, so you are

buying call options here, and if you think that nifty will fall from here, then you are

again buying here but you are buying put options here.

When you think that the market will go up then you are buying a call option and when

you are thinking that the market will fall then you are buying put options.

So, if you are thinking that the market will go up, then 17000 CE, here I click on that.

There is a lot of information for you to read.

So definitely you can study about that.

Now when I am here click on Buy, Here you just see simply, you are buying the option here

Here the price of the option is at rupees 98, how much quantity do you want to take?

you say that I want to take 10 quantities or I want to take 100 quantities.

The choice is yours whatever you want now.

So, You can also enter a limit price.

You say that I will buy this option when it comes to 98.

Now you have put a limit order here, simply Click on review here.

Now it is visible to you that you are taking a hundred quantities and you are taking it

at a limit price of rupees 98, and your charges and taxes are ₹ 30.

You will again Swipe To submit, Again your order, you can see on back your order, once

the reliance order is executed, it has a profit of three to four rupees, again let me show

So, your order for Nifty of 17000CE, the call option is pending.

Right now it is around 98, so it should be done.

It will be executed for you.

Now here is a profit of ₹ 95, profit of ₹ 105, profit of ₹ 170.

If you want to book this profit then you click on exit here and click on review and swipe

to submit and that's done.

Along with this, if you are also exiting this trade, then like we have exited the market

then you can also put such limit price, then at which limit price you would like to execute

your order and the example of it that the call option you took you to want to see it

on hundred, then you can put your limit price on 100, so understood these simple things

till now on this application that how can you trade daily.

As I am using a dark theme, maybe it is not visible to you.

So I will show you in the settings, that is how I put this dark theme.

Normally you will screen like this.

But again you will go to settings and you click another setting.

Some people also want to earn through Refer and Earn, then here you would have the options,

then here upstox gives you the option of Refer and Earn.

That means you are getting 600 rupees per person.

So these offers keep changing.

Sometimes there offer of 1200, then if you are referring to

a person, you can earn ₹ 1200, then if you see that you are getting ₹ 300 for referring

to any person and also that person trades, he gets ₹ 300 more, then it is a total of

six hundred rupees.

If you recommend 10 people then you earn ₹6000.

This is as of now, sometimes you see multiple offers which earn from upstox, sometimes you

see that there are 1200 rupees and if you recommend to 10 people then it is 12000 rupees

and people are also earning.

We also reshare your on our Instagram if you will also earn then you can tag us on Instagram

and I will also give my Instagram account link in the description and comment box so

you will get the link in the description of Instagram so this is the basics if you want

to know that how you can trade on Upstox.

I hope you get a basic clarity now you have not understood anything.

I will say that you have to understand many more things.

There are multiple options and strategies which you have to learn.

Simply, you have done this only through your mobile but how you have to make setup and

the things you so you have to learn so that there is so much to learn more, if you want

us that we make a complete series on options so if you are interested in options because

many people have commented before but I would like to see because we make blog on your

comments so you can comment and you can like the blog if you like this and you can also

share this so that people also get to know about this new upstox application, how can

you use this application again if you have any questions then you can ask in comments,

we will answer in the next blog  so I will see you in the next blog till the time you

share this blog.