Newbie Looking for advice! please help

[jasmunder]

hi Forum,


I am new to share market dont have much knowledge and experience. i want to invest some money (30 to 50K) on monthly in share market. and i have no idea where to start?? totally confused. i want to invest long term like 1 to 2year with good return. or able to sell when ever i think i getting good profit. I know i need demat and saving account but i am again confuse where to go?? looking for less brokerage fee with good service.:clap:. but i only looking for online portals.
few thing i wanna look for

* where should i open my online demat account?? icici idbi or ??? please suggest.

* whats next after that ??
* where i can get tips to about market ??
* should i loom for futures, options and commodity etc etc as well??
* how can i reduce my risk ??


i know i am asking too much info but i hope forum will help my to resolve this?

thanks

jas

 

[K.Boopathy]

Welcome to Tradeji,
There are lot of broking houses like angel,geogit,indiainfo,religare etc,. to name few look for good service and low brokerage. Please dont go to futures and options that requires lots of experience there risk and reward is very high.
Since you want to go for long better stick to cash market. regarding tips dont take any advice learn technicals and take your own decisions. If you want any further clarification call me at xxxxxxxxxxxxxxx
Happy Trading

 

[rvm123]

as suggested by mr boopathy, don't go for futures, options, etc without experience. to start with buy some fundamentally strong candidates and keep for long term. go for shares with lesser p/e ratio and good book value. best of luck

 

[jasmunder]

thanks for your reply.

Can you help me where i can get basic knowledge which shares to buy, where should i open my demat and trading account with less fees. etc etc...

Also where i can get tips which stock to buy and sell and other market related news and tips.

 

[AW10]

jasmunder ...
Let me give u TIP (as you are searching for tips).
- "Don't do your trading based on TIPs from others".
There are enough people selling tips, cause their are innocent customer who wants to make quick money in mkt without doing the ground work. You might make some winning trades here and there...but market is know to take back the profit (and your capital) from you.. if you don't know how to protect it. Trading is not about just buying.. and unfortunately, most of tip provider will disown you or give some or other logic to blame you for losses.. and take all the credit for winning trades.

- "Develop skills where u can take your own trading decision". If they can do it, then u can also do it.
- Refer to beginner's section where there are some nice sticky threads having lots of good info/experience for new traders like you.


Happy Trading

 

[jasmunder]

jasmunder ...
Let me give u TIP (as you are searching for tips).
- "Don't do your trading based on TIPs from others".
There are enough people selling tips, cause their are innocent customer who wants to make quick money in mkt without doing the ground work. You might make some winning trades here and there...but market is know to take back the profit (and your capital) from you.. if you don't know how to protect it. Trading is not about just buying.. and unfortunately, most of tip provider will disown you or give some or other logic to blame you for losses.. and take all the credit for winning trades.

- "Develop skills where u can take your own trading decision". If they can do it, then u can also do it.
- Refer to beginner's section where there are some nice sticky threads having lots of good info/experience for new traders like you

Happy Trading

Thanks AW10.

i have 30 to 50K a month of cash spare. i really dont wanna put in bank i wanna invest it somewhere to get decent return (20 to 40% ) for period of six month.
At the moment its lots of basic things going on mind.

like where should i open my trading and demat account ?? i want to pay less fees and save more money. i am only going to do short term or/ and long term investment ( range from 2 weeks to 1 year or more) no day trading.
what shares should i buy some sort of recommendations ??
lastly should i go for Mutual funds or buy by myself??

i know i am asking too much. i hope forum will help me

thanks

jas

 

[alroyraj]

Thanks AW10.

i have 30 to 50K a month of cash spare. i really dont wanna put in bank i wanna invest it somewhere to get decent return (20 to 40% ) for period of six month.
At the moment its lots of basic things going on mind.

like where should i open my trading and demat account ?? i want to pay less fees and save more money. i am only going to do short term or/ and long term investment ( range from 2 weeks to 1 year or more) no day trading.
what shares should i buy some sort of recommendations ??
lastly should i go for Mutual funds or buy by myself??

i know i am asking too much. i hope forum will help me

thanks

jas

First decide which compnies have a stable management and good prospects.Companies function in an economy and so are dependent on cyclical factors,monetary policy,interest rates,global sentiment etc. Usually companies that are part of an index are good for investment like Nifty 50.
Selecting companies for investment are done on 2 basis fundamental analysis and technical analysis.
Fundamental analysis evaluates the growth prospects of the company based on growth in earnings. Fundamental analysis decides which companies to consider to invest in so as to have a margin of safety.This is a conservative investing method meant for long term. It is done by the in house research of the broker. Now not all brokers have a good research team- among Banks ICICI ,HDFC are recognised , among stand alone brokers Sharekhan and Motilal Oswal are recognised for their good research calls.
Technical analysis based on analysis of charts decides which companies are good from a short term upto 6 months prespective. This needs an access to a charting facility provided by the broker or a third party either free or for a monthly fee. This is a riskier method requiring experience with dealing with the market for a sufficient length of time.

For each aspect of this traderji has divided itself into different forums based on investing, analysis, stocks to invest in. Please search I bet you will not need to ask another question.

 

[equitipz]

Thanks AW10.

i have 30 to 50K a month of cash spare. i really dont wanna put in bank i wanna invest it somewhere to get decent return (20 to 40% ) for period of six month.
At the moment its lots of basic things going on mind.

like where should i open my trading and demat account ?? i want to pay less fees and save more money. i am only going to do short term or/ and long term investment ( range from 2 weeks to 1 year or more) no day trading.
what shares should i buy some sort of recommendations ??
lastly should i go for Mutual funds or buy by myself??

i know i am asking too much. i hope forum will help me

thanks

jas

jasmunder, let me mention a few things here friend, you are expecting too much from the markets... 20-40%. I will not say that this is unachievavle but you cannot risk expecting this much from the equity markets in a short term of 6 months.

Remember, that always invest the money in the equity markets directly that you do not need for atleast 3-4 years. If you look at the history, the probability of losing in the stock markets decreases over a period of more than 4-5 years. Getting these 20-40 p.c returns seems very unrealistic to me. You also understand this and God forbid if something goes wrong like some bad news trigger or so, your 50k will even come down to 20k.

I am not discouragin you but lets keep it real. Stock markets is all about sensible investing, it is not a gamble. So, play safe. Don't get swayed by the fact that others invested in the XYZ stock which soared 50 % in 6 months so I will also earn similar returns, things can be the other way round too...
You may read this, it will help you, I am sure.

Read: Dont let the Sensex Guide Your Senses!

Also, to end my lecture I will like to give you the most useful tip to survive in the Stocks Market "Never follow any TIPs". If tips is what make you earn in the stock markets, the ones giving them will be millionaires by now (but they ofcourse are not

Hope this helps you Please ask me if you did not follow anything

 

[Poulomi]

Hi Jas, In stock markets, if you are expecting a return of 20% to 40%, You may have to wait for another 7-10 months of time. You may choose to invest regularly in different sectoral midcap stocks & hold them for another 7-10 months time to get desired returns furthermore, stock market investments are subject to market risks hence, you should be ready for potential losses as well in case expecting potential gains. Nevertheless, You can reduce this risk by hedging or diversifying your portfolio.

You may choose to open your demat account with either Share Khan or MOSL or Angel Broking or Edelweiss. Currently, these are the best players offering broking services. However, brokerage rates offered by Share khan MOSL & Edelweiss are much higher as compared to Angel Broking. Hence would advice Angel Broking ltd. Moreover, Angel broking gives exposure(Limits) up to 6 times which rest of them dont offer.

On the other hand, Its always been a good Idea to start investing in MF/SIP as starters. Moreover, currently all world Indices are showing bearish trend & are highly volatile. Hence SIP/MFs could be good avenue for Investment for starters, but, expecting 20-40% within 6 months seems little unrealistic.

Good Luck!

Thanks AW10.

i have 30 to 50K a month of cash spare. i really dont wanna put in bank i wanna invest it somewhere to get decent return (20 to 40% ) for period of six month.
At the moment its lots of basic things going on mind.

like where should i open my trading and demat account ?? i want to pay less fees and save more money. i am only going to do short term or/ and long term investment ( range from 2 weeks to 1 year or more) no day trading.
what shares should i buy some sort of recommendations ??
lastly should i go for Mutual funds or buy by myself??

i know i am asking too much. i hope forum will help me

thanks

jas

 

[jasmunder]

thanks for your help guys. thats really help full.

Angel Broking ltd and reliance money are the finalists. i have to choose one. i hope i will make good decision.

i m planning to get into the market mid next month.
i try to learn from others mistakes

sorry guys i forgot to introduce myself. my name is Jas from punjab. i am an accountant by profession and web desinger(webmaster) by hobby. and last investor by mind. thats all about me.

thanks

jas