I am Student of Law, age 26.
I thought, as i read beginner books of stock market, intra-day, i can earn some money from stock market trading so i can pay my educational fees.
My father allow me starting amount 5000Rs & tell me grab same amount in 1 month. In actual for daily trader its not so difficult. but for me 1st step is most important.& when i read 'there r more looser than winner.' i am more confuse!
As per my knowledge if i study on 10 scripts for 1 month & then after own analysis i can decide proper script, time to invest that 5k.
But when i try to do this study i use yahoo finance web page where i make imaginary portfolio,
i take 5 daily gainer from BSE. & 5 Daily looser.
i also take 5 weekly gainer & looser same for monthly also.means 30 scripts as per 12 oct economic times website.
Now i have to wait till 29 days to analysis.
So i try to make list of top sector wise with group wise script list.
Means in Auto sector in group A how many companies? etc because if i am correct when i actually invest if any sector down, other sector help to survive. means i want to invest more than 1 sector.
Now my question is if u r my position what u do in rest of 29 days or how u start studding market for trading?
I thought, as i read beginner books of stock market, intra-day, i can earn some money from stock market trading so i can pay my educational fees.
My father allow me starting amount 5000Rs & tell me grab same amount in 1 month. In actual for daily trader its not so difficult. but for me 1st step is most important.& when i read 'there r more looser than winner.' i am more confuse!
As per my knowledge if i study on 10 scripts for 1 month & then after own analysis i can decide proper script, time to invest that 5k.
But when i try to do this study i use yahoo finance web page where i make imaginary portfolio,
i take 5 daily gainer from BSE. & 5 Daily looser.
i also take 5 weekly gainer & looser same for monthly also.means 30 scripts as per 12 oct economic times website.
Now i have to wait till 29 days to analysis.
So i try to make list of top sector wise with group wise script list.
Means in Auto sector in group A how many companies? etc because if i am correct when i actually invest if any sector down, other sector help to survive. means i want to invest more than 1 sector.
Now my question is if u r my position what u do in rest of 29 days or how u start studding market for trading?