Seeking Advice From Seniors

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  #1  
Old 24th February 2007, 04:33 PM
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satyakam is on a distinguished road
Default Seeking Advice From Seniors



Hi All,
Myself Satya New To This Forum ,i Have One Off Line Dmat Account
In Which I Just Faced A Loss Around 15% Due To Market Crash,i'm Having Gmr Infra 70 Stocks At AN Avg Value 413/-,parsavnath 30 Shares At An Avg 425/-,tcs 5 Shares At 1307/- Tech M At 1830/ 10 Shares,richa Knits 650 Nos At 21.35/- All Facing Losses,
Now I Have Got An Online Account,which I Can Use From Tues Day,please Advice How To Approach?thanks All

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  #2  
Old 24th February 2007, 06:41 PM
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swagat86 is on a distinguished road
Default Re: Seeking Advice From Seniors

wat do u wanna know Satya??

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  #3  
Old 24th February 2007, 09:17 PM
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satyakam is on a distinguished road
Default Re: Seeking Advice From Seniors

thanks swagat,
Actually i don't know any thing about intra day trading or which stocks to pick?Another thing how about the 7stocks.com, 10paise.com all this?are they reliable or not,Another thing pl let me know the stocks( i mentioned in my earlier posts in which i really facing losses )how they worth?

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  #4  
Old 24th February 2007, 09:44 PM
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swagat86 is on a distinguished road
Default Re: Seeking Advice From Seniors

Quote:
Originally Posted by satyakam View Post
thanks swagat,
Actually i don't know any thing about intra day trading or which stocks to pick?Another thing how about the 7stocks.com, 10paise.com all this?are they reliable or not,Another thing pl let me know the stocks( i mentioned in my earlier posts in which i really facing losses )how they worth?
First U hav to go thru the various Educative threads thru this forum. wat ver time frame u want to trade u hav to first hav the idea about the functioning of the markets. Experience from seniors will help u. So go thru the threads. In the INTRO section ul find a thread by BvPraveen "Begineers pls read this".
U will find all links u need.

Iv never subscribed to these websites so cant comment.

The stocks uv bought are fundamentaly Gud. Althoght u hav to be sure wats ur time frame. If its Long term(1yr or more). Dont get affected by day to day movements.
this is a very important lesson which iv learnt NEVER change ur short term positions to long term. If ur in a loss book it and get out. PPl who wud hav bought FMCG, METALS O SUGar last yr are badly hit.
And about Inflation and all those stuff, dont wory they are cyclical in nature. With time inflation will come down. India is a hot cake and every body wants a pie of it. So too much money in the economy will cause Inflation.


Ur not buying a Economy ur buying a business. Gud businesses will yield u returns. U will hav to do a lot of reserach before u buy something because ur money is precious. Increase ur knowledge dont rely on anybody.



Thats all i will say.
Thanks

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  #5  
Old 24th February 2007, 11:26 PM
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satyakam is on a distinguished road
Default Re: Seeking Advice From Seniors

tHANKS SWAGAT
REALLY THIS TYPE OF ADDRESS WORTH FOR ME,REALLY THANKS,IF U OR SOMEBODY HELP ME FINDING ANY SOFTWARE OR WHERE TO FIND VALUABLE HOT PICKS?

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