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
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