Maybe you have never traded stocks, or you intend to open a stock account so you can trade, maybe you are still confused about what is called "Online Stocks".
For simplicity's sake, online shares are share buying and selling transactions that are carried out through trading platform facilities (software) provided by securities companies, when you open a securities account with the securities company. Also read: How to Buy GO Public Company Shares (Tbk). Also read: How and Technical to Open a Stock Account.
When you open a securities account, and all of your administrative requirements have been fulfilled, and when you have obtained an Investor Fund Account (RDI), then you can start trading online, through the stock software provided by the securities company. Online stock trading software for each securities company has different facilities. However, in general, each menu2 contained in the software does not have much difference. In other words, general menus, such as JCI information, stock index information, top stocks information and others will always be in every stock software in any securities company.
Note: Currently, almost all securities companies provide online trading tools. There are many advantages to trading online. One of them, the online trading fee is much smaller than the full service broker fee, because you enter your own buy and sell orders.
If you want to trade online, it's a good idea to know the main features of online software, and you have to understand how to read important information on the trading platform provided by each securities company. The following is important information contained in online trading software.
Above itself is written Composite Index, Value, Volume, Frequency. What does it mean?
Composite Index when translated means the same as the Composite Stock Price Index (IHSG). JCI is the Indonesian stock market index consisting of all shares on the Stock Exchange. The rise and fall of the JCI depends on the movement of stocks on the Stock Exchange. If the Composite Index is green like the picture above, it means that the JCI is rising. If the JCI rises, it means that many stocks are experiencing an increase, thus helping to support the JCI rate. On the other hand, if the color of the writing on the Composite Index is red, it means that the JCI is going down, aka many stocks are being corrected. Then, how to read the JCI listed in online stock trading software?
Note that in the above display the number 5,142.13 is written. There is also a figure of 9.73 (0.19%). This means that the JCI is currently at 5,142.13, up 9.73 points with an increase of 0.19%. Comparison of the increase in the JCI compared to the JCI closing the previous day. You need to know, the JCI will continue to move even almost every second, because stock prices continue to move up and down during trading hours. There is also a date display next to the JCI points: 08/13/2014 09:12:10. It shows the current date and trading hours.
Also note that under the words Indonesia Stock Exchange (IDX) there is the words Open (in green). Open means the market is open (stock exchange trading hours are in progress). The words Open will always be green, if the market is closed, then the words listed are Close (in red).
What about other menu views? Please continue reading to Part II: Online Stock Menu Display - Part II.
