My First Trade

U

Uday1026

New Member
#1
#1
i opened account with sharekhan with brokerage fee of 0.50 two side while buying and selling for delivery. and 0.20 two side for intraday..
i bought Cipla today 20 shares @688 sold it @691 ...
bought Adaniports today 50 shares @348 sold it @343.75

so my first experience is loss in the market..
if i had hold on Cipla i would have made some-kind of profits..

but with this brokerage fee i cant see earning money in this market coz if i bought a share @ 300 its has to climb almost 5rs after that only i will able to get profits with this brokerage fee...

any suggestions and i want to learn MACD for technical analysis can anyone guide me please...


Thanks,
Uday.
 
A

autotrade

Member
#3
#3
No Technical indicators gives profit, only strategy may

Never attempt to Trade without a trading system and positionsizing
if you dont know what is that, Better Invest and spend your time and money to know those two, rather than trading in stocks
 
sspms2002

sspms2002

Well-Known Member
#4
#4
Uday1026 said:
i opened account with sharekhan with brokerage fee of 0.50 two side while buying and selling for delivery. and 0.20 two side for intraday..
i bought Cipla today 20 shares @688 sold it @691 ...
bought Adaniports today 50 shares @348 sold it @343.75

so my first experience is loss in the market..
if i had hold on Cipla i would have made some-kind of profits..

but with this brokerage fee i cant see earning money in this market coz if i bought a share @ 300 its has to climb almost 5rs after that only i will able to get profits with this brokerage fee...

any suggestions and i want to learn MACD for technical analysis can anyone guide me please...


Thanks,
Uday.
Click to expand...
Hey Uday..welcome to traderji..and good that you have taken initiative to day trade...The journey cannot culminate with out learning a lot of stuff...

As for technical indicators is concerned they can be used as confirmation signal..rather than Entry signal..

I am also a newbee and i am also quiet fascinated by MACD..and i do like it...
But from my little experience..MACD behaves a little better on higher time frames like 5 min and above...and on a trending stocks...
 
Raghuveer

Raghuveer

Well-Known Member
#5
#5
Go for a discount broker. See Discount Broker Comparison.

Uday1026 said:
i opened account with sharekhan with brokerage fee of 0.50 two side while buying and selling for delivery. and 0.20 two side for intraday..
i bought Cipla today 20 shares @688 sold it @691 ...
bought Adaniports today 50 shares @348 sold it @343.75

so my first experience is loss in the market..
if i had hold on Cipla i would have made some-kind of profits..

but with this brokerage fee i cant see earning money in this market coz if i bought a share @ 300 its has to climb almost 5rs after that only i will able to get profits with this brokerage fee...

any suggestions and i want to learn MACD for technical analysis can anyone guide me please...


Thanks,
Uday.
Click to expand...
 
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