By trader it is presumed the positions are taken for the day only.:
What is written are good but general. Just follow these golden rules:
1. The most important thing is discipline. 2. Whether you take short or long positions, have triggers for stop loss without fail. 3. It wll be a good idea to have profit triggers also. 3. Do'nt compete with the market. 4. Best is to take position after markets have moved. If markets have been up for 3-4 days..chances are good it will dip a bit. same if the markets have been down for many days. This must be watched. 5. Trade only in liquid scrips. Study their movements well. 6. Do'nt curse your luck if stop loss triggers. Live for another day. Markets are'nt going to vanish. They will be there again the next day. Do'nt fight the market or your emotions. 7. When in doubt, do'nt enter or if in position get out. There is always another moment, another day. 8. After taking a position, take a break, read the paper, watch the news. Do'nt keep looking at the terminal with anxitey. It will give you even if you do'nt want it. 9. With time you will learn new tricks yourself. 10.Of course you will become a good psychologist of the market. But do'nt ever think you got it all. Market always has a bigger surprise >Its time to earn smart & white money from share market For free Tips, guide, free lessons for beginners and advance traders you can visit to : share market plus . com
RE:RE:RE:RE:RE:Trading in stocks
by pk gupta on Dec 16, 2007 08:54 PM Permalink
m 100% agree to trade in liquid scrips but many times not regularly trds scrips give more profits.l guide me in future too. thanks & regards pkgupta51@rediffmail.com
Several traditional theories of investing have failed in last 7-10 years. some of them are already contradiction in itself. What the share maket has given the lesson that track good companies, good management companies , high growth companies with decent profits permanantly with you and trat them like bank's fixed deposits.
1) When you book profits quickly rather than have patience to ride the momentum with a stock 2) Hold on to losing stocks far below the stop loss adviced for a stock
And in genral not hedging your portfolio by not selling long term index options. which protects your gains if their is a fall in stock prices
Sensex can zoom upto 40000 in two years or can drop back to 10000.Here a lot of risk is involved.Markets are more speculative in nature. In this circumstances your investment should be varied.Invest 50 percent in Real estate (buy a house),10% in Bonds/postal etc,10%in gold,10% in Mutual Funds and remaining 30 % in Stocks. Of the stocks holdings,,keep 10% for 2 year,20% for 4 year,30% for long term and remaining 40% could be used for booking profits and re investing during fall. Choose the best stocks in practically all the available sectors.
RE:How not to loose money
by Anurag Shrivastava on Dec 10, 2007 01:38 AM Permalink
Real estate depends on stock market - if stock market falls your real estate will be rubbish
yes now every one want to earn fast money,and want to get rich.so many people invest money when they see market is going up and ultimately they loose it,because before investing one have to study the market,what is the market sitution and also the government policies which is responsible for market change.
Yes the given issues are that the many people don't know about the stock and the invest the money but they see the market is growing so we invest the money in market and get the more money and they lost his money.
RE:8 reasons why stock market traders lose money
by on Dec 09, 2007 08:08 AM Permalink
yes now every one want to earn fast money,and want to get rich.so many people invest money when they see market is going up and ultimately they loose it,because before investing one have to study the market,what is the market sitution and also the government policies which is responsible for market change.
RE:8 reasons why stock market traders lose money
by on Dec 09, 2007 08:11 AM Permalink
yes now every one want to earn fast money,and want to get rich.so many people invest money when they see market is going up and ultimately they loose it,because before investing one have to study the market,what is the market sitution and also the government policies which is responsible for market change
This Ashwini Gujaral lost lot of money in Market and people who followed it ..Now he is giving advise on TV and writing Books..LOL.. check on CNBC he is really big joker........So stop following these bunch of jokers and never trade but only invest...
RE:Writer himself is a big loser
by MADHAN on Dec 11, 2007 10:31 PM Permalink
what he suggested are all valid good points...no one can stay in market with out loosing money...it all counts into your experience...
AS SUBJECTED, PLEASE ADVISE HOW TO START THE SALE - PURCHASE OF SHARE TO MAKE MONEY. FURTHER THE MINIMUM AMOUNT TO START WITH. I AM JUST A FRESHER. PLEASE HELP ME
RE:I WANT TO ENTER THE MARKET FOR PERSONAL SALE - PURCHASE
by A Bc on Dec 10, 2007 02:29 PM Permalink
DUDE - YOU ALREADY HAVE ALL THE EXPERIENCE YOU NEED. JUST PICK STOCKS AT RANDOM - YOU CAN'T LOSE - MARKETS ALWAYS GO UP... START WITH 1 CRORE, AND THEN SLOWLY INCREASE THAT TO 10 CRORE OVER 2 YEARS - GURANTEED TO GET RICH QUICK..
