Hello to my Seniors!! Need help plz reply

#1
Hello to all my Seniors,

I am new to the share market (this market is like kala akshar bhaas braber to me). The thought of exploring this market was in my mind but could not get enough time. Now, I had at least 2hrs a day to learn and research before experimenting and start making some profit from this. My trading account is already in process. Earlier I started the process with ICICI but stopped the cheque as many of my friends told me that it is very expensive to trade with ICICI. Now, I am going with Indiabulls but your views are welcomed.

The problem with me is that as I am not from a commerce background I dont understand many many of the terms here (infact I need a start from ABC of all this). I need favour of all my seniors to let me now from where to start and what to read and experiment first. To experiment I would like to start from Rs.10,000 first and then gradually increase this amount after getting a good knowledge of all the terms and things about market moves. Also, I am interested in F&O. Will it be good for a novice to start with F&O or there are high risks in this and I may not be able to understand all that ???? Is Indiabulls a right choice form F&O trading ??? or is Reliance Money or RK :confused:

Seniors Please Help. I hope all my queries will be answered in time.

One thing is for sure after registering and going through some of the threads and post on this community I found it very informative and helpful and feel proud to a part of this.
 

AW10

Well-Known Member
#2
Welcome to the TJ community.
I don't think your education background will be any bottleneck here.
Please go thru the beginners section on this forum and read /understand the threads given there.

Get the education first, then step in slowly with proper risk management plan.
Though broker and many others will suggest to trade F&O but I will advise to restrict yourself to stocks in the beginning.

You can easily trading in stocks by buying smaller quantity and still limiting your risk to small amount say 100 Rs or so. In F&O, due to contract size limitation, minimum risk
amount required is large.

Best of luck and happy trading
 

Similar threads