Dear friends,
The idea to start this thread is to share with you what I have learnt in this market on my own. And what ever I write here is of my firsthand experience in the market.
i also invite all of you to add you favorites takeaways.
1. Don't buy options but sell options whatever your view is i.e sell put/call
2.Trade only in index i.e Nifty as it is not easy to manipulate and you have a normal playing field. you are not dependent on tips, insider information etc. Moreover people like us are likely to be the last one in the queue to get these kind of information. By the time it reaches us these tips will be useless.
3. Bargain with your broker and get a good brokerage plan.
4. There are no successful day trader. PLS remember only way to make a profit in the market is through positional trades.
5.Google search for the TURTLE TRADERS. Understand their techniques.
The idea to start this thread is to share with you what I have learnt in this market on my own. And what ever I write here is of my firsthand experience in the market.
i also invite all of you to add you favorites takeaways.
1. Don't buy options but sell options whatever your view is i.e sell put/call
2.Trade only in index i.e Nifty as it is not easy to manipulate and you have a normal playing field. you are not dependent on tips, insider information etc. Moreover people like us are likely to be the last one in the queue to get these kind of information. By the time it reaches us these tips will be useless.
3. Bargain with your broker and get a good brokerage plan.
4. There are no successful day trader. PLS remember only way to make a profit in the market is through positional trades.
5.Google search for the TURTLE TRADERS. Understand their techniques.