|
|
| Discuss start of a equity trader in indian market at the Words of Wisdom within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello to all, i am a new member and would like to enter into this ... |
|
|||||||
| Notices |
| Words of Wisdom Found a golden rule to profitable investing or an important lesson in trading or technical analysis? Tell your tale. Articulate your thoughts. Quote a book or a guru. Share your enlightment with us. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#21
20th August 2007, 04:04 PM
|
|||
|
|||
Re: start of a equity trader in indian market
Hello to all,
i am a new member and would like to enter into this world of stocks. i am residing abroad now but when i was in Mumbai 15 years back, i have bought several scrips which are still lying with me and does not know what to do with these. Your expert advises will be highly helpful for me. the below are the shares with me and can i sell these now? 1. Audichem (india) ltd. 2. Anusha International 3. Ashari Properties 4. Kiev Investments 5. JMC Projects 6. Jindal Vijaynagar 7. Superstar Distilleries looking forward to your valuable advise 
|
|
#22
20th August 2007, 08:08 PM
|
|||
|
|||
|
Re: start of a equity trader in indian market
yes losingstreak,
first one has to be a trader....jump to successful trading....sp. knack for option trading then he has to master......then only he has to unlearn .....and know real market.........what market is not likely to do....fail safe method....... then suitable strategy ...for +ive expectency has to be trial run....then only to be applied. .......that learning and doing..i feel complex....for a start of a new stock trader'....its violating KISS. ......thats why i dont like to discuss .......ur observation is right as usual with regards oilman5
|
|
#23
21st August 2007, 05:27 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
as a learner......3subject i believe indispensible.
i]trading psychology ............................. to understand.....let us have go through great trader .....livermore........ 3books r available on him ..read them to understand ......speculative idea....when to fold ....how to initiate a position.....under what condition we fail ...................... next we can go through......dr elder......greatest book-trader i believe his 3work r classic.....also 2 guide.....read them......it may take one yr..worth it ..................... next u read van tharp/ari kiev.......any one......it clarify further trading psychology
|
|
#24
21st August 2007, 05:39 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
ii]fa
........ read basic balance sheet/profit loss statement. ....order flow how affect profitability of a company .....how without vision management is doomed to failure .......what constraint makes a business failure in reality btw.....i find rarely people know fa.......those we see r parrot........an mba/cfa..without vision......maxm they produce a report for a company.....on a structured format. [my comment may hit hard but i stick to it,.......ask av iim prof.....why he loses in trade....u shall understand what i mean to say]
|
|
#25
21st August 2007, 05:45 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
iii]ta
......... most good work on ta for basic level r available in this great site www.traderji.com ...... only i comment learn basic first......but go in depth.....half knowledge is injurious to financial health ....next define...in which time u can understand....calculate/visualise accurately better than others.
|
|
#27
21st August 2007, 06:03 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
so now make some adventure.............maxm 3month....
comeback and watch now......u as a trader ....do i as a trader apply in optimum level .....what i have learned. what is my mistake. ....how i can improve my profitability. one timeframe lower and one time frame higher ......can improve my trade vision...or make it complex? ......... so my swot is done........now how i could defne indian market..... where i can see oppurtunity ......chance of being accurate vs. high risk .....if after slippage/commision.....can i make a decent profit out of this probable trade... if yes.......go ahead......dont bother ......................... now ur equity curve suggest -ive return,......reread entire thing.....[have i not said half learning is dangerous thing] ........for further improvement........study market sentiment ....use it as a filter
|
|
#28
21st August 2007, 06:23 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
how many years it may take for u , i dont know...[i can only say mine.....7yr]
........and still grasping...... so further learning i start......particular stock........which move and fall and what condition ......... next volatility........ to understand volatilty we start first range of a day......and gap concept. reversal concept in price at top and at bottom....... ....yes i work on it......but predictively i am not sure. ....but i can say before reversal some ...peculiar phenomena observed...but that is case to case basis[on stock.....i can not generalise it] ....historical volatility.......and comparison of it in metasock......is a good tool.... as i firmly.......BELIEVE.....THIS SHALL WORK IN INDIAN MARKET FOR NEXT ATLEAST 5YR ......... read toby crabel and larry connors[tradingmarkets.com fame]
|
|
#29
21st August 2007, 07:08 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
so coming back to KISS
................................. use intraday strong reversal as entry........those who entered market and hold on friday..2-3pm know......what i mean ...... how u can learn to do that...........observation......i have dt3/metastock.....with viratech eod.....so when i see 2005-06.....and march'2007.......i know ......how price behave before bottoming out in indian market ........so no doubt its a risky trade.....but worth to be taken. concept of copy book....buyday..hold....sell [today i shall]. ......so hrly....chart has given clear signal......i only have follow it ........................................... lot of backtesting gimmick i hear.......let me present a real one......simple but effective for short term/intermediate. .......just see last 2yr data.....when the result out.....how it affect price,........for individual bse gr a stock......if future earning guidance given........how it behaved...that week,.... if nothing given.......how it behaved.....price behavior with expectation....... shock in both +/- direction.......later bounce back or distribution .....its the real tool .....which gives predictive way to earn ......not very math oriented[alas i betray math enthuastic /OR STUDENT........no my friend........my operation research knowledge no way helps me........infact it helps to lose money.....by creating a blockade of being right '/ a know better trap'........and still i do my level best to unlearn it,......but in professional service game theory.....and PERT ...HELPS ME LOT..] ....... THOSE WHO R CORE TA BELIEVER...... i suggest...use omnitrader in game mode. change 1bar @a time..see prediction........on any stock which u want to play.....next bar to right comes...predict...again come next one......enjoy this paper trade/ur guessing ......... this suggestion r not for intraday......but a basic approach to understand stock trading with kiss.....as mentioned in thread heading
|
|
#30
21st August 2007, 08:04 AM
|
|||
|
|||
|
Re: start of a equity trader in indian market
so my friend....here is a brief
.......................................... for stock trading learner........i believe patience to learn ....spend time is very imp. restraint has to be practiced. a concept of treating trade as business to put....by checking bill and fund flow.....how u can do more right trade,...... .......the concept of risk mangement and responsibility taking. ......then come knowledge ...ta/fa/psychology amalgamated ....after doing swot for self......study market reality ....and market is future oriented......moneyflow and volatility r two key factor......next 5yr atleast in indian market.....do research on it[self study] ........how result vs expectation affects price....... on what postulate u investrading...........if scenario change......get out first,think later. if possible,learn market sentiment..........so that in a particular time frame.....u can enter near bottom....and exit near top ......study past trade. develop a derisk method if u want to earn from market in long term.......erase ur mistake pattern ............. hope it helps .....i believe i maintain kiss oilman5
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: start of a equity trader in indian market
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Market Matrix: Current events affecting Indian Stock Market | birdinfo | General Trading & Investing Chat | 2 | 23rd August 2007 09:58 AM |
| Equity Market Analyst | deepanshu | General Chit Chat | 5 | 6th September 2006 08:07 AM |
| Indian Govt. allows Private pension funds to invest in equity market | TATrader | Current Affairs | 1 | 29th January 2005 12:24 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
