New To Market

#1
Hello,

I am new to market,I have opened an ICICI Direct account.
I have ten thousand rupees with me to trade.

So please suggest me in the following:

1)Is ICICI good for intraday tading,I heard brokerage is high please suggest any other broking firm.

2)Everyone says that we need to have a software for trading,I am not able to unrstand this.

3)The most important thing,how to analyze a stock before trading.

Please as I came to know that in this forum there are lot of expereinced people who help the new beginners.Please help me also. :)

I thank you all in advance
 

Mangafreakz

Well-Known Member
#2
ICICI software is not good for Intraday trading and yes their brokerage rates are high compared to others . You can go for Sharekhan , Indiabulls , Religare , contact respective brokers for brokerage rates. You can check out this thread to pick the broker of your choice. http://www.traderji.com/brokers-tra...vs-hdfc-vs-kotak-vs-indiabulls-vs-5paise.html. By software needed for trading , they are telling about Trading terminal software which you use to view Charts , get quotes and execute your trades.
 
#3
Thank u.

So after getting all done with the brokerages,what should be the strategy of Intraday?Could u help me on this please.

even if there are links in this forum please provide those,that will do for me.

Thanks for your help.
 

Mangafreakz

Well-Known Member
#4
Cant help u much on that mate , because am also new to trading and learning stuff . You can follow the two mega threads like the Saint's intraday Miniflow for Nifty future and Savant sir's stocks to keep an Eye on threads under the equities section. :)
 
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