New to Traderji

Hello all,

I am new to this forum and primarily looking for some help from those members who are into day trading. I have just signed up with India bulls to start day trading and had a terrible experience playing on a loosing ground for last one week. I had to incur a sizeable loss largely due to my imbecility in reading the charts during intraday. I would request the fellow members at the forum to help me read the chart movements accurately so as to help me invest wisely. Also would appreciate if you could suggest some good reading in this segment.

regards
sekar

Hi Vesekar,
Welcome here. Day trading is a specialists game and would take some time to master. There are several good books listed here which you could choose from to further your technical skills and develop a trading system as per your needs.Once you have that in place , do take up some paper trades before doing the real thing.All the best.

Thanks Vince, for your guidance...

regards
sekar

hello everyone....i believe there must be many like me hurt of this so called correction in the markets...will kindly somebody guide me in regard to reliance communications ltd..i hold 500 share @ rs 308/-

anybody to give takes about hindustan zinc and hindalco....

why is nobody replying to my query

You are in the same boat as millions of other small investors....even I am stuck with a large capital. The only thing I am doing is keeping PATIENCE. If you have the ability to weather the storm and do not need the money immediately, stay put and hold on tightly till you see positive signs. Meanwhile, take a tour of this forum, where you will get a lot of insights on virtually everything related to the market (I have been doing this rather than looking at my portfolio and getting depressed).

When the tide turns, be equipped to make up for the loss of capital and opportunity (I have kept some cash aside to invest when I see any positive signs of recovery).

Remember, there is always a better tomorrow....woh subah kabhi to aayegi (kabhi aayegi pata nahi)

Pranay

Hi

This is rather too late to sell now. Wait for the relief rally and if you want to get out sell. Depends on your period of holding.For long term its ok. You will get your price back and some more.

Pankaj

Hi Vimal,

Same answer as Pankaj.............nothing different.

Also,if you have any queries,put it in the EQUITIES section,not the INTRO section.Many would not have seen your query to answer it.

All the best!
Saint

Saint,

Looks like you have a lot of free time today (like me!)

Following you everywhere like a true disciple!!

Pranay