Absolute Beginner Guide.

[VJAY]

Dear TFL,

Waiting for your clarification and guidance.

Regards,

Raju

Dear raju,
what you want to know?......not clear from your querry.....(sorry TFL querry pointed to you)

 

[pk_vijayakumar]

Hi, I am new to trading, this post is very useful and it helps a good start for me.

 

[Jaypeee]

Anyone?

Hi,

Thru ODIN, how to place a buy order for a share, in such a way that when it goes down to some price then the buy order should be executed.

For example L&T is trading at 1681/- I want to buy this when it goes down to 1600/-..

A step by step instruction is much appreciated(I'm just learning)

Thanks in Advance
Jaypeee

 

[VJAY]

Re: Anyone?

Hi,

Thru ODIN, how to place a buy order for a share, in such a way that when it goes down to some price then the buy order should be executed.

For example L&T is trading at 1681/- I want to buy this when it goes down to 1600/-..

A step by step instruction is much appreciated(I'm just learning)

Thanks in Advance
Jaypeee

Dear jaypee,

simple!select l&t scrip on market watch window give buy instruction(may be press F1)on that window eneter quantity put 1600 in price ...enter....confirm..
If you are very new to trading window better to ask your broker for help.

 

[chanduanu2007]

hi, this is very good information for new comers like me

 

[chanduanu2007]

hi!
I am very much interested online trading but im new to share market, I would like to start investment in sharemarket with Rs.50k, can anyone please advise and help me to finalise the stocks?

 

[nick721156]

Dear raju,
what you want to know?......not clear from your querry.....(sorry TFL querry pointed to you)

Dear Vijay,

Thanks for responding.

As I have already mentioned that I have not done day trading before. Friend TFL has started this thread and is of great help! Yet some more queries to be clarified.

Right now, I am using ICICIDIRECT.COM trading platform which is web based and clearly not suitable for day trading. I have gone through a couple of broker's websites (i.e. Angel broking, Bonanza online) and (have) learnt that they offer both ODIN diet and web based trading platforms for trading /investing. As I don't have any practical knowledge about their facilities, I would like to know which one will suit better for both day trading and delivery based trading. As mentioned, I now do delivery based trading (like swing & position trading) based on EOD data using a free charting software that gives candle stick charts. I combine indicators with it while deciding entry and exit. Obviously, while trying my hand at day trading for the 1st time, I shall try to use real time candle stick charts. Therefore, I shall like a trading platform (either Software based or web based) that gives intraday real time candle stick chart where I can draw various indicators, pivot points etc. and take decision for entry and exit, apart from other features like good execution speed for orders, safety and low brokerage . All these are my thought out plans as of now. If I am wrong please point it out to me. May be after gaining experience, I shall have to change my techniques for day trading. What I have learnt here that ODIN diet is a software based trading platform and good for day trading. But I am not sure if it gives real time intraday candle stick charts with the facility for drawing indicators or not. That is my querry.

Am I clear this time?

Hope you, all friends, will clarify this for me. This may be very simple but I am stuck up here. I have some more queries but I shall ask once this part is clear to me.

Please don't mind for seeking guidance from you friends. Because this is the only place where I can learn.

Regards,

Raju

 

[mandyrawat]

You can invest in the Mid Cap and Small Cap stocks now like 3i infotech, GMR infra, MIC Electronics, Suven Life Scie, Nitco and Hanung Toys.

Good luck and all the best...

 

[mandyrawat]

hi!
I am very much interested online trading but im new to share market, I would like to start investment in sharemarket with Rs.50k, can anyone please advise and help me to finalise the stocks?

Hi,
You can invest in the Mid Cap and Small Cap stocks now like 3i infotech, GMR infra, MIC Electronics, Suven Life Scie, Nitco and Hanung Toys.

Good luck and all the best...

 

[VJAY]

Dear Vijay,

Thanks for responding.

As I have already mentioned that I have not done day trading before. Friend TFL has started this thread and is of great help! Yet some more queries to be clarified.

Right now, I am using ICICIDIRECT.COM trading platform which is web based and clearly not suitable for day trading. I have gone through a couple of broker's websites (i.e. Angel broking, Bonanza online) and (have) learnt that they offer both ODIN diet and web based trading platforms for trading /investing. As I don't have any practical knowledge about their facilities, I would like to know which one will suit better for both day trading and delivery based trading. As mentioned, I now do delivery based trading (like swing & position trading) based on EOD data using a free charting software that gives candle stick charts. I combine indicators with it while deciding entry and exit. Obviously, while trying my hand at day trading for the 1st time, I shall try to use real time candle stick charts. Therefore, I shall like a trading platform (either Software based or web based) that gives intraday real time candle stick chart where I can draw various indicators, pivot points etc. and take decision for entry and exit, apart from other features like good execution speed for orders, safety and low brokerage . All these are my thought out plans as of now. If I am wrong please point it out to me. May be after gaining experience, I shall have to change my techniques for day trading. What I have learnt here that ODIN diet is a software based trading platform and good for day trading. But I am not sure if it gives real time intraday candle stick charts with the facility for drawing indicators or not. That is my querry.

Am I clear this time?

Hope you, all friends, will clarify this for me. This may be very simple but I am stuck up here. I have some more queries but I shall ask once this part is clear to me.

Please don't mind for seeking guidance from you friends. Because this is the only place where I can learn.

Regards,

Raju

Dear Raju,

Ok i got it..Yes odin gives real time data but IMO not giving backfill.Am not using it as of now.Am using external chart of Investbulls charts(paid 350 p/m) and using NSE's NOWONLINE for trading....(if any details you want pl PM me vjay.3333 @ y ahoo . in