Absolute Beginner Guide.

[rrmhatre72]

Re: .:|Absolute Beginner Guide for Day Trading|:.

Firstly, let me thank you a million times for the effort you taking to guide us newbies like me and a quite a few lurkers here

Coming to one of your posts :



Does it also include tips from known brokering sites such as ICICIDirect for intraday trades. I am an absolute newbie and would like to understand and do intraday trading. However, I am a bit confused with all the moving day averages and charting.

My question is even if I cannot understand charting and other intraday terminologies, shouldn't I take help from sites likes ICICIDirect? In case its still a no -no how does one go about understanding charts to start day trading?

Do not invest money. Just do paper trade on the inputs given by ICICI.
Check yourself if your positions are turning into profit or loss.
If you are confident with papertrade(at least for 3-4weeks) then you can go with actual trade.
ICICI publish ~4-5tips/hour for intraday. this means ~25tips/day. do you have capital to invest in all the trades? If not then keep this point also in mind while doing paper trade.

 

[tigris]

Re: .:|Absolute Beginner Guide for Day Trading|:.

Do not invest money. Just do paper trade on the inputs given by ICICI.
Check yourself if your positions are turning into profit or loss.
If you are confident with papertrade(at least for 3-4weeks) then you can go with actual trade.
ICICI publish ~4-5tips/hour for intraday. this means ~25tips/day. do you have capital to invest in all the trades? If not then keep this point also in mind while doing paper trade.

Thank you sooooooo much:rofl:
Can u also please tell me about how to go with this paper trading.
i.e.,the best virtual trading website

Thanks once again:rofl::thumb:

 

[rrmhatre72]

Re: .:|Absolute Beginner Guide for Day Trading|:.

Thank you sooooooo much:rofl:
Can u also please tell me about how to go with this paper trading.
i.e.,the best virtual trading website

Thanks once again:rofl::thumb:

I had done it on Moneycontrol (very long back)..... I do not know about other sites. Someone can advice on that...
But now I prefer to do it in xls file... that helps in analysing further.

 

[tigris]

Re: .:|Absolute Beginner Guide for Day Trading|:.

I had done it on Moneycontrol (very long back)..... I do not know about other sites. Someone can advice on that...
But now I prefer to do it in xls file... that helps in analysing further.

Can u please tell me how to go about with the xls file...else is that k if i do on moneycontrol as i have bit knowledge of ths site..but let me also know about xls file

 

[tigris]

What is a difference between a stock market and a new issue market? Does any opening in new issue market effects stock market?

 

[seetharamank]

Re: .:|Absolute Beginner Guide for Day Trading|:.

Firstly, let me thank you a million times for the effort you taking to guide us newbies like me and a quite a few lurkers here

Coming to one of your posts :



Does it also include tips from known brokering sites such as ICICIDirect for intraday trades. I am an absolute newbie and would like to understand and do intraday trading. However, I am a bit confused with all the moving day averages and charting.

My question is even if I cannot understand charting and other intraday terminologies, shouldn't I take help from sites likes ICICIDirect? In case its still a no -no how does one go about understanding charts to start day trading?

dearfriend please donot do the mistake of taking icici or any brokerage house help in doing intraday the system is designed in such a way that the broker will enrich himselfat ur costinstead u try to take help from sites like traderji mudraa etc where a lot of knowlede is avilable for new ppl all the best

 

[tigris]

what is the difference between intrinsic value and market price

 

[tigris]

What is blue chip stock?

 

[tigris]

what is defensive trading?

 

[tigris]

what is open offer n how do i go with it