General Trading Chat

[copypasteaee]

small whipsaw during the day and back to shorts...

 

[varunkochhar]

Sorry, read the longs as above 23465 (instead of 23565)

 

[timepass]

Lol ok

On serious note what should he really do, invest in top 10 nifty 50 stocks or what? How to chose those?

Or mutual fund is better way?

First of all, warn your friends that there is no "Fill it, shut it, forget it" in speculative instruments like share bazaar. That happens only in bank/post office FDs.

Whatever investments you invest in, whether the equities directly or mutual funds, you have to manage it, generally EOD. Also, you have to set some kind of stoploss for it. It is not risk free.

Then check what kind of returns he has in mind. Then moderate his expectations. Psychology is the greater part of participating in the markets.

 

[princy01]

Make an investment on Nifty and Bank Nifty etf.. Make a trading a/c attached with it. Get the access of that a/c. Pledge 80% for future trading capital... Write options... what u do.. I know u r confident trader...50-50 profit share...
Give me 2% for the advice..(just kidding..)

I can't do for others what I do for myself, just not possible, what risk I take myself is because I am responsible for myself only, if something bad happens what will i say to him?

It will ruin relationships for forever

 

[princy01]

First of all, warn your friends that there is no "Fill it, shut it, forget it" in speculative instruments like share bazaar. That happens only in bank/post office FDs.

Whatever investments you invest in, whether the equities directly or mutual funds, you have to manage it, generally EOD. Also, you have to set some kind of stoploss for it. It is not risk free.

Then check what kind of returns he has in mind. Then moderate his expectations. Psychology is the greater part of participating in the markets.

He can't manage everyday at eod, just not his area, mutual fund should be easy for him..... No? Why you said mutual fund is to be managed? What is the use of mutual funds then?

 

[varunkochhar]

I can't do for others what I do for myself, just not possible, what risk I take myself is because I am responsible for myself only, if something bad happens what will i say to him?

It will ruin relationships for forever

On a lighter note, tell him to park his funds in a debt fund and play options with the interest only. At least he will not lose his capital.

 

[timepass]

He can't manage everyday at eod, just not his area, mutual fund should be easy for him..... No? Why you said mutual fund is to be managed? What is the use of mutual funds then?

I don't know much about mutual funds, but the NAV does rise and fall, doesn't it ? Maybe other members can inform us more about the risks associated with the MFs.

Edit : But check your friend's expectations first. Maybe what he has in mind is something like an FD with a higher interest rate. He must know about the associated risks, and that no one else can do it for him.

 

[Smart_trade]

Lol ok

On serious note what should he really do, invest in top 10 nifty 50 stocks or what? How to chose those?

Or mutual fund is better way?

The solution depends on his risk appetite ,time horizon and the returns expectations.Higher the returns expected,higher the risk.Stocks and mutual funds both carry risk of losing part of the capital.In smaller time horizon markets are perfectly illogical but on larger time horizon,they are perfectly logical.

Smart_trade

 

[headstrong007]

I can't do for others what I do for myself, just not possible, what risk I take myself is because I am responsible for myself only, if something bad happens what will i say to him?

It will ruin relationships for forever

Then no problem.. no need to pledge the etf..
Even he think it is 8-10 yrs fixed deposits... I am sure he will get more return from etf..If not just wait for another few yrs...Opportunities will come for sure... Average return over 13-17% from index equity over the long term...Index is one of the best managed mutual fund. They kicked out nonperformers soon...

 

[Smart_trade]

http://www.traderji.com/futures/104890-futures-trading-no-risk.html#post1234350

One more " no loss only 60 % annual profit scheme "....such schemes are not new.They have been around for a long time...my friend inspite of warning him tried and lost 5 L in such a scheme....

Smart_trade