Dear aijaz159
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so am pasting the mail here
aijaz159 said:
Mr. Coolfrend4u,
How are you, Im your fan for last 1 to 2 years on Traderji, I see your post quite positive, helpful and encouraging. Im a investor but cautious, my all shares have gone down more than 60%, Im holding them, as I see sense and support from people like you hope the market will bouce back.
Pls tell me what is the best way of trading and making small amount of money, im not greedy and dont want to loose, I earn by hardwork and sincerty no offence to you sir, pls guide me a bit, I have learnt a lot but im not a trader, i wish to be one. What is the best way of learning F & O kindly advise I wish to learn and enter F&O segment too. Look forward for your reply sir, thanks for your advise and support to many like me on traderji, God Bless U.
Wish you a prosperous and Happy New Year.
Ajaz.
First WISH YOU A HAPPY NEW YEAR my friend
Thanks for ur wishes too
Ajaz yep its hard earned money - so be patient & pick a stock / nifty when indications are clear.
trade based on news / rumours - which i dont follow personally 90%
For eg. satyam & ranbaxy though many times it got bad news - they nd 2 bounce back
Technically any stock/ mkt nd 2 fill d gap
Try to understand the chart patterns (if possbl)
earlier I used to trade on others tips & faced heavy losses. Then instead of blaming I started learning charts esp from our own traderji & blogs. I use Ami-which is easy to use(4 me).
nwdays i wont trade too many stocks.
Pick one / two stock & apply Tgts & sl based on chart pattern.
websites like mudraa can give you good info on double bottom stocks , rsi rising stocks kinda scanners
Dont b a compulsive trader. always mkt give chance for everyone. Use this rally to exit & re-enter in d mkt
B here ppl like renudaga,ashish can guide too
Good Luck
hav a fantabulous & healthy new year ahead for you & ur family
Regards
Koolfriend4u