Hello Big Bosses

vijaysinghvns · #1 19th May 2008, 11:44 AM

Hello Big Bosses,
I'm a software developer by profession and very new to this site. I seems pretty good. My warm hello to all DHURANDHAR bosses here. This is a chance to me to learn from you.
First of all i tell you a bit about me. I'm an intradayer in market with a little testing investment i.e. 50k. I'm trading since Feb'08 and watching the market since dec'07. DEC'07-JAN'08 passed in opening account with IDBI & Rmoney HE...HE...HE.... I dont have any prior knowledge of Stocks.

Some market words definitions for me are:
Long Term = 7 Days Max

Short Term = 1-3 Days Max
Intraday = 10 Sec to 30 Min. Max.
Fundamental Analysis = What is this?????
Technical Analysis = Bakwas hai
Charts = Consider for the next day position.
Others Tips = Naaaaahiiiiiiiii kabhi nahi
Market = A fully organised gambling house. Police arrests people if they are playing cards for making some money but here no one can arrest us....play BINDAS, but still I love it very much.
Bull = Sand.
Bear = Bhalu.
Now I'm serious, i do not believe in long term investment in market. How can I? I purchase some shares @800/- each but in fact its value is only 1 to 10 rs (face value). Book value can be more because of company resurves & supluses which has been added in the value. So we can say its value 50 to 100 Rs max depends upon companys reserve capital which they have reserved for any future investment or losses. The initial concept of share purchsae was to get income from dividend paid by the company time to time nothing else.
In intraday i dont trade in many stocks. I keep only 8-10 Stocks in my list change it time to time. 4-5 of them should be index stocks. SUZLON & JPAssociates are my favourite ones these days. I use only Rmoney for the trading bcz of their zero brokerage slab. Rmoney is the best for intraday bcz its give you more flexibility to exit from stock at very low profit i.e.40-70 paise in suzlon or JP. and as we all know 40-70p moverment in these stock is done within seconds after 1 PM.
Rmoney is also good for ATST. You can purchase any stock in evening of fall market and sell it next day morning with a minimum profit i.e. 1-3%. You can not do it with other brokers bcz they will charge about 0.5% on both legs i.e. 1% + STT comes to 1.35% approx. while with rmoney it is only 0.35% (including Taxes, infact only taxes) for both leg. It means you can earn on your money in nights also (of course few bugs).
Above was my trading strategy ... any comments are welcome!!!!

Regards
Vijay

sanyad74 · #2 19th May 2008, 11:55 AM

Quote:

Originally Posted by vijaysinghvns

Hello Big Bosses,
I'm a software developer by profession and very new to this site. I seems pretty good. My warm hello to all DHURANDHAR bosses here. This is a chance to me to learn from you.
First of all i tell you a bit about me. I'm an intradayer in market with a little testing investment i.e. 50k. I'm trading since Feb'08 and watching the market since dec'07. DEC'07-JAN'08 passed in opening account with IDBI & Rmoney HE...HE...HE.... I dont have any prior knowledge of Stocks.

Some market words definitions for me are:
Long Term = 7 Days Max

Short Term = 1-3 Days Max
Intraday = 10 Sec to 30 Min. Max.
Fundamental Analysis = What is this?????
Technical Analysis = Bakwas hai
Charts = Consider for the next day position.
Others Tips = Naaaaahiiiiiiiii kabhi nahi
Market = A fully organised gambling house. Police arrests people if they are playing cards for making some money but here no one can arrest us....play BINDAS, but still I love it very much.
Bull = Sand.
Bear = Bhalu.
Now I'm serious, i do not believe in long term investment in market. How can I? I purchase some shares @800/- each but in fact its value is only 1 to 10 rs (face value). Book value can be more because of company resurves & supluses which has been added in the value. So we can say its value 50 to 100 Rs max depends upon companys reserve capital which they have reserved for any future investment or losses. The initial concept of share purchsae was to get income from dividend paid by the company time to time nothing else.
In intraday i dont trade in many stocks. I keep only 8-10 Stocks in my list change it time to time. 4-5 of them should be index stocks. SUZLON & JPAssociates are my favourite ones these days. I use only Rmoney for the trading bcz of their zero brokerage slab. Rmoney is the best for intraday bcz its give you more flexibility to exit from stock at very low profit i.e.40-70 paise in suzlon or JP. and as we all know 40-70p moverment in these stock is done within seconds after 1 PM.
Rmoney is also good for ATST. You can purchase any stock in evening of fall market and sell it next day morning with a minimum profit i.e. 1-3%. You can not do it with other brokers bcz they will charge about 0.5% on both legs i.e. 1% + STT comes to 1.35% approx. while with rmoney it is only 0.35% (including Taxes, infact only taxes) for both leg. It means you can earn on your money in nights also (of course few bugs).
Above was my trading strategy ... any comments are welcome!!!!

Regards
Vijay

Mr Vijay,
Nice to see your thread here. it seems that you are making money instantly

by day trading.
My query is about reliance ATST? lets say we buy shares today using ATST option today and Tomorrow we suppose to sell the same shares. But We don't want to sell tomorrow because market is down. Now can we square off (convert) into delivery option tomorrow itself instead of selling and losing money?
Rgds

vijaysinghvns · #3 19th May 2008, 12:10 PM

I have not converted my ATST position yet. Bcz i sell it in next day morning at any cost as i have to get released my money for the intraday trades. I will chek it and confirm you..soon. I mostly do not buy upward stocks in ATST i mostly preferred the stocks who are good and badly down in that particular day. Mostly they trade a bit higher in the next day morning. Sometimes I goes wrong then i book some losses in that trade and recover it from intraday...