From where to start

#1
Hi i am new to this share market field,

i have some questions, guys please clarify it...

1)so first thing is choosing platform and setup, any free platforms with realtime data..??(i am student, will buy paid versions later)

2) what is the acronym for AFL, i don't get it and what is it.....?? code..??

3) Data first, decision second, without accurate data, we fail so, is all realtime data is automatically available in platform..??

4) Total noof stocks listed in NSE and BSE...??

5) Where the information/events is listed first, and seen by public
eg: date for first quarter profit by companies and all data...??

6) Yes information affect the stock market, how to know whether it give up/down trend(that is what happened to stock price, whether increased/decreased during last year release - where can i get that data and all)


List your own advice(possibly use number)
Thanks


My progress:
Searching for real time(RT) chart integration of NSE/BSE in Metatrader4(MT4) platform
 
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NOMINDTR

Well-Known Member
#2
Welcome friend

1)so first thing is choosing platform and setup, any free platforms with realtime data..??(i am student, will buy paid versions later)
If you plan to open a trading account with some broker, then you don't need to buy data. Data feeds from a brokers terminal is just enough at beginning.

2) what is the acronym for AFL, i don't get it and what is it.....?? code..??
Don't bother. Its just a term which is product specific. If interested check AFL Amibroker http://www.acronymgeek.com/AFL/Amibroker_Formula_Language

3) Data first, decision second, without accurate data, we fail so, is all realtime data is automatically available in platform..??
Don't bother about data and technology. First thing you need to start with is, learning markets and market analysis using charting.


4) Total noof stocks listed in NSE and BSE...??
Oh...do some research...google :) Sorry I don't have numbers


5) Where the information/events is listed first, and seen by public
eg: date for first quarter profit by companies and all data...??
Many sites are there. To start with check this page
http://www.bestindiansites.com/finance/

6) Yes information affect the stock market, how to know whether it give up/down trend(that is what happened to stock price, whether increased/decreased during last year release - where can i get that data and all)
Don't be too quick. Check this forum, there are some great threads, from which you can learn things. Take your time.

List your own advice(possibly use number)
That's said. Don't be too quick. Take care
 
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iyerboi

Active Member
#9
Quote:
Originally Posted by rasikfareedh View Post

6) Yes information affect the stock market, how to know whether it give up/down trend(that is what happened to stock price, whether increased/decreased during last year release - where can i get that data and all)


I'm just a beginner - ard 6 months old. One thing i've learnt is not to try and guess which way the market would go (atleast in the early days). You'll always notice that the markets behave unpredictably just when you are a 100% sure what is gonna happen (take for instance inflation data, GDP data, downgrading of banks, opening of foreign markets et al).

I like to look at this in 2 ways:

1/ Markets react way too faster before you can react - before you're done looking for the reasons, the market has already factored it in!!

2/ Market's way of reminding you not to think of yourself to be smarter than than the million others fighting it out.


Hope this helps! - as i mentioned, im a beginner myself (one who's lost money made over weeks in a moment's madness) - one who'd like to caution a fellow beginner.

Best wishes
Ravi
 

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