A plunge in Indian Stock market

[Moonlite]

another green day for you....

TISCO did well today !!!!! today was buy and hold and exit at end of day....

made clean Rs.12 on long.......but sadly paper profit.

follow TISCO.

 

[sspms2002]

another green day for you....

TISCO did well today !!!!! today was buy and hold and exit at end of day....

made clean Rs.12 on long.......but sadly paper profit.

follow TISCO.

Yes today was a LONG Only day....I tried searching TISCO in NSE , could not find it...

So you getting ready for the actual fight in Live trading..

 

[Geetanjalia23]

Hi, Can you please share the charts that you are using while deciding on certain stocks. I am new and not yet started trading. Learning basics now and also playing simulation games before I plunge or dive.

 

[sspms2002]

Hi, Can you please share the charts that you are using while deciding on certain stocks. I am new and not yet started trading. Learning basics now and also playing simulation games before I plunge or dive.

HI Geetanjalia23..welcome to Traderji and trading..
I am also new here and not sure how to post charts..

But i usually look for good stocks having good volume and which offers Stop outs on desired prices...i mean with nearly 0 slippage..

Also i look for stocks with good volume and good movement...As you will be aware for day trading we need stocks with movement..either up or down..

I get some idea from Money control by looking at Previous days Gainers and Losers.

I am also learning..so we can share this forum to discuss our trading ideas too..

 

[nirav_j]

for some reason this thread appears like black in lentils onlee ..

 

[Moonlite]

Yes thanks, looking forward to jumping in the "ring" very soon' maybe from the next week.
By the way plz share your experience of MACD.

 

[sspms2002]

for some reason this thread appears like black in lentils onlee ..

Hey Nirav...Didn't get you...

 

[sspms2002]

Yes thanks, looking forward to jumping in the "ring" very soon' maybe from the next week.
By the way plz share your experience of MACD.

Hi Moonlite...I have not analyzed it much..i will post more on it next week..

 

[Moonlite]

Have you checked your profit calculations are your net receivables after commission and taxes ?

 

[sspms2002]

Have you checked your profit calculations are your net receivables after commission and taxes ?

Hey Nirav...I am nearly flat as of now..may be a bit positive.
I guess loss of 1900 (when i had traded unknown stocks) in one the last few days, gave me a net loss of 3000 on that day after Taxes/STT etc.
And that made me flat else i would have been happily green. Though in gross i am well green.

As one the fellow traders commented..for newbees one bad day takes away your last few days of profit...thats very true...and we need to be more disciplined.