Can someone please help and tell me the usual ways to study market??

#1
Hello Friends,

Here is my little real story..

My father used to maintain a decent portfolio. He always bought the shares when the IPO was out for banks and all. Managed to have a portfolio of 7 lakh without knowing the ins and outs of trading in 10 years. all he used to do was buy and keep. Never sold a share. He works full time and was never interested in selling shares and he thought it was an investment. Finally one day his relationship manager of the broking company where he had account called him and asked him to start trading and he will trade on his behalf. he built the trust tat he will do profits for him and my dad started trading with him. He made him buy currencies worth many lakhs over the phone on intraday which got squared off and finally he ended up selling all the shares worth 7 lakh to nil. He just vanished after that and company didnt took any complaints as they had the clause in terms and conditions that person is responsible for doing all trades. ( He may have made loads of brokerage incentives for himself).

I came to know much later. All this happened in 1 month. I was out of station completing my studies and just came back a month ago. Found my father very depressed because of this and this is more than his 1 year salary. Finally i decided to learn the trading, do some trading and start building up his portfolio so he can feel a bit ok.

I researched a lot, got used to the online software and found terms like stopp loss, intraday etc.

Now I am about to start share trading and practicing with paper trading as few of you have recommended on this site.

I want to know the usual tips of finding if a particular share is likely to fall or rise.

I have heard to see USA market, european market, asian market, TBQ, TSQ bid quantities etc, but it will be great help for me if someone can streamline on what exactly to see here and how does it affect the shares.

Rite now i have done my paper trading for 7 days and only 1 day made profit of rs 300 with losses between 500-7500 each day.

It will be great if anyone can assist me online and help me recover the losses. If any of you making a daily profit and can recommend me the same counters to buy or sell online, it will a very big help.

Please excuse me if I am asking for more as I am new to this world and have rs25000 to start with.

Thanks a lot for reading.
 

SavantGarde

Well-Known Member
#2
Hi CrystalArun,

My sympathy to your dad getting swayed by Brokers and their touts....they are worse than pimps in my opinion.....

Looks like you haven't done too well in trying to recoup....you my friend need to change your track very quickly.... therefore first thing to do is stop doing what you have been doing for last seven days.....there is No Magic Potion or Quick Fix to this....

Here are a few things to know before you get started...

a) Read Saint's thread 'Teach A Man To Fish'​

b) Do Not Indulge in Intraday Trading​

c) Once you have some ability to pick the right stocks for Trading...Buy & Hold for a few days before you sell it for profit​

d) Know how much risk money needs to be attached to a trade .. Do Not get attached or delude yourself if it moves against you beyond a certain point​

e) Do Not get swayed by how much anybody else, either here in the forum or outside is making.​

f) Do Not get into Futures & Options till you have certain amount of confidence.​

With having said that...tell your Dad to get back into investing as he used to...considering good IPOs are very rare these days...you may want to look into Anant's Buy/Sell Triggers for some help.....in selecting Scrips from the secondary market.


Happy & Safer Investing/Trading

SG

Hello Friends,

Here is my little real story..

My father used to maintain a decent portfolio. He always bought the shares when the IPO was out for banks and all. Managed to have a portfolio of 7 lakh without knowing the ins and outs of trading in 10 years. all he used to do was buy and keep. Never sold a share. He works full time and was never interested in selling shares and he thought it was an investment. Finally one day his relationship manager of the broking company where he had account called him and asked him to start trading and he will trade on his behalf. he built the trust tat he will do profits for him and my dad started trading with him. He made him buy currencies worth many lakhs over the phone on intraday which got squared off and finally he ended up selling all the shares worth 7 lakh to nil. He just vanished after that and company didnt took any complaints as they had the clause in terms and conditions that person is responsible for doing all trades. ( He may have made loads of brokerage incentives for himself).

I came to know much later. All this happened in 1 month. I was out of station completing my studies and just came back a month ago. Found my father very depressed because of this and this is more than his 1 year salary. Finally i decided to learn the trading, do some trading and start building up his portfolio so he can feel a bit ok.

I researched a lot, got used to the online software and found terms like stopp loss, intraday etc.

Now I am about to start share trading and practicing with paper trading as few of you have recommended on this site.

I want to know the usual tips of finding if a particular share is likely to fall or rise.

I have heard to see USA market, european market, asian market, TBQ, TSQ bid quantities etc, but it will be great help for me if someone can streamline on what exactly to see here and how does it affect the shares.

Rite now i have done my paper trading for 7 days and only 1 day made profit of rs 300 with losses between 500-7500 each day.

It will be great if anyone can assist me online and help me recover the losses. If any of you making a daily profit and can recommend me the same counters to buy or sell online, it will a very big help.

Please excuse me if I am asking for more as I am new to this world and have rs25000 to start with.

Thanks a lot for reading.
 
#3
Hello. My name is Fernando Flores. I am an old and experienced trader who lives on the financial mercasdos. I can give you free trader courses. I do not want to pay money. I do not need. I can I will become the best trader if you have good intelligence and capacity to respond. I can teach you to on-line. But it will be necessary to translate the books I have written. If you can speak English, it will be easier. People who want to learn for free, can write the answer here. We will begin a soon.
 
#5
Hello. My name is Fernando Flores. I am an old and experienced trader who lives on the financial mercasdos. I can give you free trader courses. I do not want to pay money. I do not need. I can I will become the best trader if you have good intelligence and capacity to respond. I can teach you to on-line. But it will be necessary to translate the books I have written. If you can speak English, it will be easier. People who want to learn for free, can write the answer here. We will begin a soon.
Hi Fernando,

I want to learn and can help you in translating, please send it to me at [email protected]

Thanks
Gopi
 
#6
I am not an expert in trade .. But i trade only when market (nifty falls contiunuesly 5 days ) i buy the sixthday .only..
Till the time ..not look at any share.. When the news papers saying bloodbath in sharemarket... Then buy any ten 'a' group shares ( must include reliance industries.. '
( every 3 months u will get a chance for trade")
then forgot it for exact 30 days .. And better sell in in the first week of the coming month..
Surely u will b in profit.... No need for papertrading et.c.. It wouldnot work
as in real world of trade .. U become nervous and read market reverse..

Another point .. Current sceneryo
buy reliance between 840-850 within a week sell it 875
(current trade situtation )
dont keep it more days for more profit.. U will be land in loss.
 

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