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#1
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............................................
Last edited by shobhendra : 1st March 2008 at 12:04 PM. |
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#2
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Quote:
Do you think trading is easy? Do you know how much work it is to develop a trading system that works? If you want to save your family, stop trading and get a job. No matter what others want you to make believe, 99.9% of all the market punters you meet here or anywhere cant make a living at it. Either they have fulltime jobs to support this hobby or retired armchair wannabes. Dont waste your time, you need a 900% gain to make your money back, impossible to say the least esp. without any skills. CV ![]() |
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#3
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Never trade in your life with money you cant afford to LOOSE.
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#4
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hi,
as told cv, it is really tough to develop a trader class like him! lot of time , money and energy, BIG SET-UP Btw,do u trade in futures? if u really want to learn trading , then go through all the relevant topics and experinces of senior traders, but NEVER TRADE ON THE MONEY U CANT AFFORD TO LOOSE. Thank you, Rajib. |
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#5
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remember, more than TA money management matters. even with small percentage of winners, u can be in profit. As in munnabai, 'never love ur patient', never love ur stock. period
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#6
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shobendra,
Hi, Actually trading is pretty simple. Like any other business you got to know when to buy and when to sell. Ah , thats the trick ! Wade around in this forum you're likely to find lots of wisdom. All the best. Anythig specific , ask. |
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#7
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Quote:
PM me if u want some personal advice and reccos .. no strings attached AGILENT ![]() |
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#8
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Hi Shobendra,
It may not be wise for me to give you advice as I started just 8-9 months back.But ofcourse I would like to share whatever I have gained through my experience in these months.I practice the same. 0.Use only that money which u can invest and forget for some time.(Time depends upon individuals).Get a good job for security purpose. 1.Watch CNBC in the morning and at market hours for Global happenings and market movers.(Dow Jones,Nasdaq..etc.) 2.Read posts of our Senior Members daily.(At First go through Sain't posts). 3.Read posts of Jai & Winston regularly. 4.Avoid day-trading initially.Try Swing trades. 5.If you want you can read where highly profitable Mutual Funds have invested in. 6.Remember timing is the main factor..Even Penny stocks give momentum. 7.Read Eco-Times daily for gainers & losers .(ofcourse many sites provide such info). My personal investements are .. 1.IFCI ( swing/day). 2.Techm (swing/day...It has minimum 25 rupees move daily ..anyside can be played) 3.Dabur (I used to trade ..nowadys stopped in this sector.) 4.RPL (Have kep for 2008 year...Long term Investment) I don't know if I am wrong or right ..but I avoid Real Estate Stocks nowadays. Because I usually do swing trade & I had lost money in those. Finally don't let your emotions play the market . Put your grey cells & time ..you maybe rewarded. I have written as per my experience ..I maybe wrong or right regarding choosing stocks.Please think and invest.And one thing , I listen to all the tips but do not blindly follow them.Use them to get to know the name of the stock and then do some work on it before investing. All the best !!! Raju.. |
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#9
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Quote:
Isn't this rather adventurous strategy ? Have a heart Raju.... this gentleman earlier embarked on speculative activity and has lost 90 % .... and u are asking him to continue speculation of a different kind, to recover ?? Tch Tch ! AGILENT ![]() |
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#10
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Dear Shobhendra,
I have read a very good statement somewhere just copy & paste in your mind for entire life "IF YOU WANT TO FLY AN AEROPLANE FIRST LEARN IT...." Whatever you do first learn it how to do it rather gambling without knowledge. I know you can & u will come out of the losses as I almost did.... Do not go for FnO Initially go for delivery base... All the very best.... |
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