How Many Of Us Do Full Time Trading?

WHAT TYPE OF TRADER UR??


  • Total voters
    908

NOMINDTR

Well-Known Member
#92
can anyone kindly give 5 best day trading stocks listed in NSE and are within 100 rupees. thanks in advance
shyam
Check "most active securities" in NSE site during trading hours
 
#93
iam a new comer to this traderji and stock market.The posts in this are verymuch helpful.Iam very much interested to know about day trading tips and prediction of markets . Experts plz help me....
 

bunny

Well-Known Member
#94
iam a new comer to this traderji and stock market.The posts in this are verymuch helpful.Iam very much interested to know about day trading tips and prediction of markets . Experts plz help me....
Hi Boney,
Welcome to Traderji forum.
Though I am not an 'expert' - can be best described as a novice few steps ahead of you.

I am replying specifically to your mention of "trading tips and prediction of markets". Please do not rely upon tips. Do your legwork yourself instead of getting random tips from anybody.

My experience with tips was not so pleasant. Many times, I have seen that tips fail miserably. Not to say that tipsters are cheats of any kind - they have their research - but they are not always correct.

I have seen false tips given by brokers to just get a trader into the trade and then make them exit at loss. I can understand that tips fail many times, but with my broker it was quite a lot and I hence suspected that it was a foul play - just so that they can get their brokerage/commission by my transanctions.

Also, be careful with intraday tips. These can give you lots of pains when they fail.

Since then, I have taken pains to learn technical analysis and don't depend heavily upon the broker.
 

sudoku1

Well-Known Member
#95
my experience with tips was not so pleasant. Many times, i have seen that tips fail miserably. Not to say that tipsters are cheats of any kind - they have their research - but they are not always correct.

I have seen false tips given by brokers to just get a trader into the trade and then make them exit at loss. I can understand that tips fail many times, but with my broker it was quite a lot and i hence suspected that it was a foul play - just so that they can get their brokerage/commission by my transanctions.

Also, be careful with intraday tips. These can give you lots of pains when they fail.
t i p
....p i t ;)
 

bunny

Well-Known Member
#96
:D
u know what,
My mom also trades quite successfully. Few of her friends "consult" her for her picks.(Its a different thing that I know most of my mom's tips come from her broker :D)

This incident is with a friend of hers. Lets call the friend "Sheela". Sheela is a novice player in the market, though she has been putting money at regular intervals as "investment". When LNT was trading around Rs. 800 about a month ago, my mom had advised her to buy this scrip. But she ignored(typical lazy passive novice). A couple of days ago when she called, she was shocked to hear that LNT had touched 1400 levels.

Same day, my mom also told to buy IFCI which was trading at 38-40. But she replied "I am not interested in small shares." Today, within a week, IFCI has gone beyond 56 :D

You see, I finally accept that making money is not a part of everybody's fate. It may not be difficult to learn, but its just that people really don't want to learn. They are happy with their 9-5, 1-30 job that gives them a a peanuts salary. As they say, "The dissatisfied man makes progress".
 

hmp

Well-Known Member
#97
]Hi Boney,
Welcome to Traderji forum.
Though I am not an 'expert' - can be best described as a novice few steps ahead of you.

I am replying specifically to your mention of "trading tips and prediction of markets". Please do not rely upon tips. Do your legwork yourself instead of getting random tips from anybody.

My experience with tips was not so pleasant. Many times, I have seen that tips fail miserably. Not to say that tipsters are cheats of any kind - they have their research - but they are not always correct.

I have seen false tips given by brokers to just get a trader into the trade and then make them exit at loss. I can understand that tips fail many times, but with my broker it was quite a lot and I hence suspected that it was a foul play - just so that they can get their brokerage/commission by my transanctions.

Also, be careful with intraday tips. These can give you lots of pains when they fail.

Since then, I have taken pains to learn technical analysis and don't depend heavily upon the broker.I have experienced sharekhan's so called expertise have habit of giving such tips and then forced investors to squreup their position at loss to collect brokerage.
 
No wonder paper is so expensive these days.;)...

I can understand someone paper trading for 10-15 days while testing a new method...but doing it for months is because of the following :

1) Lack of adequate trading capital

2) Lack of a competent methodology

3) Lack of courage to pull the trigger and risk the initial stoploss amount.

The above points have to be addressed as early as possible or one becomes a professional paper trader....;):lol:

One can start taking actual trades may be on 1 mini nifty or 10 shares in cash market to build confidence.....

Smart_trade