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What to do next ?? can anyone tell me ??

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  #1  
Old 21st May 2007, 11:14 AM
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Default What to do next ?? can anyone tell me ??

Hi all,

I am new to trading. I have opened trading account with icicidirect.com. just for test i have buyed 5 shares of Gujarat abuja cement on 18th May. But whats next ??? where to see if i am in profit or loss ?? i have buyed on cash segment ?? how long will the position be available ? Please if someone who is experienced in this can help me ??
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Old 23rd May 2007, 02:33 PM
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Default Re: What to do next ?? can anyone tell me ??

login to your a/c.Click on trading-Equity-Demat allocation.
You can view your shares here.Click on portfolio-Equity.You can view your profit or loss.
But the best way is call a icici representative.He will teach you at your workplace.
Or use demo version.
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Old 23rd May 2007, 03:42 PM
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Default Re: What to do next ?? can anyone tell me ??

Quote:
Originally Posted by luckyros View Post
Hi all,

I am new to trading. I have opened trading account with icicidirect.com. just for test i have buyed 5 shares of Gujarat abuja cement on 18th May. But whats next ??? where to see if i am in profit or loss ?? i have buyed on cash segment ?? how long will the position be available ? Please if someone who is experienced in this can help me ??
My sincere advice is to learn first, then trade. Otherwise, after sometime, you will not know what to do with all those shares that have tanked eversince you brought them. Experimenting without learning, is a sure recipe for disaster. At least you can go through Saint's posts or one member has compiled his educative posts in this forum. At least go through them slowly and carefully. You will learn many things there. Take care
Regards
R. S. Iyer
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Old 23rd May 2007, 04:49 PM
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Default Re: What to do next ?? can anyone tell me ??

luckyros,
With 5 no Guj Ambuja ,even if it tanks nothing to worry,best thing you have done is puten your foot forward,believe me until your own money is at stake all Learning will be Theoritical.
Apart from book mkt teaches you the skills ,seen many traders wriggling past a definite loosing position.
Mr R.S.Iyer has rightly directed to the 'Thread' every new comer should go thru.1st.
Best of luck to your journey in this arena.

Asish
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Old 23rd May 2007, 04:54 PM
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Default Re: What to do next ?? can anyone tell me ??

Quote:
Originally Posted by uasish View Post
luckyros,
With 5 no Guj Ambuja ,even if it tanks nothing to worry,best thing you have done is puten your foot forward,believe me until your own money is at stake all Learning will be Theoritical.
Apart from book mkt teaches you the skills ,seen many traders wriggling past a definite loosing position.
Mr R.S.Iyer has rightly directed to the 'Thread' every new comer should go thru.1st.
Best of luck to your journey in this arena.

Asish
you are 100% right asish.
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Old 24th May 2007, 09:01 AM
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Default Re: What to do next ?? can anyone tell me ??

i think the brother had asked advice regarding operating his a/c at icici.
Regarding investment advice,I think being patient is the key to success.
Once you have taken a decision on a stock dont take somebody's advice to buy or sell.Follow your instincts.Dont do margin trading or day trading.That's pure gambling.I know of many young people who have lost their parents hard earned money in this type of trading.
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  #7  
Old 24th May 2007, 09:50 AM
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Default Re: What to do next ?? can anyone tell me ??

Good advise.
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