General Trading Chat

[Smart_trade]

ST sir, when buying lump sum units in mutual funds on a day of steep market fall, do we need to time it (is there any cutoff time) so as to buy at the resultant NAV after the steep fall and not on the NAV of next day?

Yes,I do all internet based transactions.The cut off time is 3:00 in the afternoon.So I wait upto 2:45 to get a good idea of where the market will close and if it is closing down,then I buy mutual fund units till 3:00 to get the NAV of that day. If the time stamp on your payment received by mutual fund is 3:01 and above, we get next days NAV.

Smart_trade

 

[vivektrader]

Yes,I do all internet based transactions.The cut off time is 3:00 in the afternoon.So I wait upto 2:45 to get a good idea of where the market will close and if it is closing down,then I buy mutual fund units till 3:00 to get the NAV of that day. If the time stamp on your payment received by mutual fund is 3:01 and above, we get next days NAV.

Smart_trade

Thanks sir, one more thing, the SIP I have started is scheduled to buy on 28th of every month, can the next buying be pre-poned or altered?

 

[Smart_trade]

Thanks sir, one more thing, the SIP I have started is scheduled to buy on 28th of every month, can the next buying be pre-poned or altered?

No ,once you give SIP mandate,it is bought on that day only. You cannot change it.This is ok for people who don't monitor the markets closely.But as we monitor it every minute,instead of Sip mandate buying on a particular day, we can time the purchase on the day when markets are down 400-500 points.This way we get advantage over normal SIP.

Smart_trade

 

[vivektrader]

No ,once you give SIP mandate,it is bought on that day only. You cannot change it.This is ok for people who don't monitor the markets closely.But as we monitor it every minute,instead of Sip mandate buying on a particular day, we can time the purchase on the day when markets are down 400-500 points.This way we get advantage over normal SIP.

Smart_trade

OK, in that case I can add via lump sum in a conducive market condition, and let the SIP to do its thing.

 

[Smart_trade]

OK, in that case I can add via lump sum in a conducive market condition, and let the SIP to do its thing.

Yes,that will make you a crorepati faster.

Smart_trade

 

[VJAY]

Yes,I do all internet based transactions.The cut off time is 3:00 in the afternoon.So I wait upto 2:45 to get a good idea of where the market will close and if it is closing down,then I buy mutual fund units till 3:00 to get the NAV of that day. If the time stamp on your payment received by mutual fund is 3:01 and above, we get next days NAV.

Smart_trade

SD da you do transactions through broker terminal or direct particular fund site?

 

[Smart_trade]

SD da you do transactions through broker terminal or direct particular fund site?

I do transaction direct on 6-7 mutual funds sites on which I am registered for Internet transactions. I don't go through broker and that saves brokerage which is payable to the broker. It is under direct scheme/plan.

ST

 

[amitrandive]

How to upload Gif images on TJ?

I tried imgur and tinypic ,both sites not able to upload.

 

[timepass]

How to upload Gif images on TJ?

I tried imgur and tinypic ,both sites not able to upload.

Uploaded on tinypic

 

[amitrandive]

Uploaded on tinypic

TP ,

Not sure what the issue is I am trying on both Imgur and Tinypic,not happening.

See message on Tinypic,I get while trying to upload a gif image.

Can you post steps to do that ?