any sugesstions to strat trading with rs.30,000.

anilseth · #1 2nd April 2006, 01:10 PM

murthymsr · #2 2nd April 2006, 02:58 PM

Hi Anilseth,

30K may look to be small, but not really so.

If you go through the success stories, at least some of them also started with a very small initial capital. Adhearance to strict trading priciples is a must to ensure that you are not wiped out of capital.

Give priority to learning and use the market as a place to test what you have learnt.

As your turnover is going to be small, choose a broker who does not insist on a minimum turnover commitment even if his brokerage is on slightly higher.

Always reduce your risk by investing in around 3 to 5 companies across at least 3 different sectors.

Take tips, but never follow them blindly. Make your own study and if convinced, then only follow them. Lot of information and references are available in this forum. Make the best use of them to improve your skills.

Do not aim to get wonderful results on day one. By such attemps, your risk will be very much higher and you may even be wiped out of capital. As time passes by, you will improve upon performance. But your strategies should be such as to remain in the market till then.

If age is also on your side, you are placed at an advatage.

All the best in learning and in investing.

murthymsr

anilseth · #3 2nd April 2006, 04:28 PM

THANKS.
I Ll Be Trading Online In 30-40 Rs.good Shares In Good Sectors And I Ve Been Reading A Lot.also Trying Some Ipo's.

pkjha30 · #4 2nd April 2006, 08:25 PM

Quote:

Originally Posted by anilseth

THANKS.
I Ll Be Trading Online In 30-40 Rs.good Shares In Good Sectors And I Ve Been Reading A Lot.also Trying Some Ipo's.

Hi
if you want to trade avoid ipo's at this stage. With 30k return will be less.Go for stocks which have broken out in uptrend.

But first of all you decide how you want to trade.Visit thread of Saint and AMITBE , supratik's, murthy's and few others on this forum.Saint has started a new thread on trading. A must visit. Try chart and TA . and always trade with stoplosses.

Though I am presuming but still could'nt resist to say few words. Money is not the question,trading plan is the issue.
Pankaj

Agilent · #5 2nd April 2006, 10:17 PM

Anil,
Good luck and hope you get some good advice/ tips

My own advice is : dont be in a hurry .. the markets have risen for 6 weeks in a row ... u may want to wait for a correction before getting in

AGILENT

sharma2165 · #6 19th September 2007, 10:58 PM

Dear
just buy mcd holdings and forget and see your invstmnt grow in leaps and bounds

visagar · #7 20th September 2007, 09:22 AM

initially do only cash trading . you can do margin trading after you build your corpus

AmoghG · #8 20th September 2007, 03:23 PM

I agree. Divide your cash into ten equal parts of 3000 and then invest. Do NOT put all your cash into one stock. Start with some of the stocks discussed on the forum.

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