Any Dimer Into Trading{Share Market}??

@chaudharysaab wrote:

@shrikant1121133 wrote:

invest equally in ITC COAL-INDIA INFY SBI AXIS

money will become thrice or more in 4 years

MARK IT

@shrikant1121133
what is the least amount that a person can invest in these

bro you can even start trading with a 1re lol…

and there is no max limit…

for you if in case you want to open a demat account i will prefer Zerodha ..
its quite good interms of brokerage ..only flat 20rs/trade on anything….

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…

or else bhai youtube tho hai hi …

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

@shrikant1121133 wrote:

invest equally in ITC COAL-INDIA INFY SBI AXIS

money will become thrice or more in 4 years

MARK IT

@shrikant1121133
what is the least amount that a person can invest in these

bro you can even start trading with a 1re lol…

and there is no max limit…

for you if in case you want to open a demat account i will prefer Zerodha ..
its quite good interms of brokerage ..only flat 20rs/trade on anything….

Edited : found even lower price Allied Computer’s 0.04.

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…

or else bhai youtube tho hai hi …

chaudhary saab aapka bhagwaan hi maalik hai..

If someone has to start reading, he should be fine with think and grow rich by nepolean hill, die poor or live rich by fulzele, CNBC india’s investment guide, books on reading balance sheet (plenty of them available); ben graham’s intellgent investor (bible or gita or investment) and several books by and on graham, shwarz’s think big, steve job’s biography and some value investing books preferably by parag parikh for indian context, ven beema for more precise value investing..

@soccergiants wrote:

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

@shrikant1121133 wrote:

invest equally in ITC COAL-INDIA INFY SBI AXIS

money will become thrice or more in 4 years

MARK IT

@shrikant1121133
what is the least amount that a person can invest in these

bro you can even start trading with a 1re lol…

and there is no max limit…

for you if in case you want to open a demat account i will prefer Zerodha ..
its quite good interms of brokerage ..only flat 20rs/trade on anything….

Visesh infotechnics price is Rs 0.10 so you can trade with Rs 0.15 ( brokerage + stt) . It is junk stock

Edited : found even lower price Allied Computer’s 0.04.

i just gave him a example lola….

@marketdimer wrote:

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…

or else bhai youtube tho hai hi …

john murphy?? that too to someone who doesn’t know abc of stock market?? ashwani gujral too???

chaudhary saab aapka bhagwaan hi maalik hai..

@marketdimer wrote:

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…

or else bhai youtube tho hai hi …

john murphy?? that too to someone who doesn’t know abc of stock market?? ashwani gujral too???

chaudhary saab aapka bhagwaan hi maalik hai..

bhai tu google hi karle…watch youtube vids if would be beneficial for you…:D

@soccergiants wrote:

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…

or else bhai youtube tho hai hi …

But please don’t follow Ashwani gujral calls on et now. He is on par with Sudarshan Sukhani

lol i dont follow sukhani calls…

the thoughtful investor is a great book by basant maheshwari

@jeswinjoy3453 wrote:

@soccergiants wrote:

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…

or else bhai youtube tho hai hi …

But please don’t follow Ashwani gujral calls on et now. He is on par with Sudarshan Sukhani

lol i dont follow sukhani calls…

@soccergiants wrote:
Read
Remisscense of stock broker.

bhai ab himmat nahi hoti padhne. sir dukhne lagta hai. 4 din se shopclues se aai screwvala ki biography ke 4 page hi complete hue.

hence because of this i avoid his calls…

@marketdimer wrote:

@soccergiants wrote:
Read
Remisscense of stock broker.

bhai ab himmat nahi hoti padhne. sir dukhne lagta hai. 4 din se shopclues se aai screwvala ki biography ke 4 page hi complete hue.

i have received quite low response of creating a new group will do that when atleast some handful of ppl pm me their nos…

if group strength is more then only we can exchange share our ideas to LEARN & EARN…

I am a complete newbie. I have a SBI demat account which I took years back on behalf of an uncle who worked there. I forgot all about it and the benefits of the account. Can I use it for share trading? If not, which is a good platform for a novice to start share trading?

@rahulprasadklm691 wrote:

I am a complete newbie. I have a SBI demat account which I took years back on behalf of an uncle who worked there. I forgot all about it and the benefits of the account. Can I use it for share trading? If not, which is a good platform for a novice to start share trading?

If that account is inactive for long time (more than six months I think) then its dormant mate. You need to pay some fees and activate it. Then you can go on.

And at OP: Nothing to suggest or advise other than keep buying Blue Chip stocks when they fall. Stocks which are there in Nifty 50, and some which are not included under Nifty 50 as well. And keep a diverse portfolio. All the sectors should be there in a portfolio, some attractive ones are, Power, Engineering, Agriculture, Defence and Construction (and Realities as well). Then steady and safe sectors are there as well, Pharma, Banking etc. SIP (Systematic Investment Planning) is the best way to invest, keep buying a selected few stocks of your choice, one or two every week. Don’t buy in bulk at a fixed price, cause you simply can’t know whether that price is proper for that script or not. However if you are interested in Economics you can check scripts’ PE value and all that and have an overall understanding of what should be the price of a particular share.
And never ever do intra day trading (avoid swing trading as well, just for peace of mind), never ever, unless you know some high profile member of BSE/ NSE, or you have a knack of losing money and then sell everything you have (believe me I have seen dark days, not personally, but of close persons!). Those candle stick, cadbury stick charts means shite, full stop.

That’s all.

Although it wouldn’t really be appropriate for me to share my experience and learning on investments or trading here, I will suggest a few books on the topic.

For beginners (also good for refreshing and re-evaluating your strategies):

The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
The Four Pillars of Investing: Lessons for Building a Winning Portfolio

For every investor/trader:

The Intelligent Investor: The Definitive Book on Value Investing
Come Into My Trading Room: A Complete Guide to Trading
The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

@sukant1989 wrote:

the thoughtful investor is a great book by basant maheshwari

couldn’t find it online. only bm site selling. search shows flipkart or amazon sold it cheaper than them. will look at nearby store.

Flipkart is offering 50% discount on various books to clear WS retails raddi. Got hold of some gems at throw away price. One looking to buy can certainly by few books like napolean hill’s 2 books are dirt cheap (64 and 138) so is kiyosaki’s books and books on reading balance sheet or technical analysis.

Reading books alone can make you a investor but cant make you a trader, a lot of practical observation and simulation of circumstances to test your emotions is must for a trader.

@b.sainarayanarao434 wrote:

Reading books alone can make you a investor but cant make you a trader, a lot of practical observation and simulation of circumstances to test your emotions is must for a trader.

People here want to be investor not trader.

@b.sainarayanarao434 wrote:

Reading books alone can make you a investor but cant make you a trader, a lot of practical observation and simulation of circumstances to test your emotions is must for a trader.

my attempt is to make everyone educated and aware that short term tradings can lead to losses and lohg term gives compounding returns. my friend @Prashanth_Krish on twitter has posted some 100-150 “multibaggers” and “guranteed double triple in x months” companies which are trading in multi-times losses and lows. For example kautons or unitech or suzlon or Hanung toys or vishal retail or birla power or … check the list on twitter! 1000 became 2 in 7 years. On contrary almost all etfs and even worst performing mutual funds have given atleast four times returns in this period, best grew at 30% cagr!

most guys here lacs wisdom, knowledge, patience and risk taking abilities to be a successful trader. i have friends who 9 out of 10 times makes money in day trading but that’s their ability and i never have courage to trade like them. 99% reading this thread will actually lose if they start day trading out of blue. thus want to make them aware and help in creating wealth. While others with contra view are there giving their suggestions. as you said, emotions and observation is required which cant come overnight.

exactly ….ppl are ready to invest but trading is a problem of dii’s…

i guess ppl are here are traders not investors…

Check out @Prashanth_Krish’s Tweet: https://twitter.com/Prashanth_Krish/status/6108...

@marketdimer wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??

Regards
Total Noob

its not at all difficult. Warren buffet started buying shares at age 11. But before that he used to read books. Of any kind, of all kind. The library he used to visit claims by 11 he read all the books available in there.

Read good books on stocks, value investing, economy and most important how to read account books of company. Next thing is know about what company do, who runs it, its debt and profits, its past performance. You are done. Find few companies with atleast 20% annual returns and low p/e (which you will learn by how to read account books), cash rich and debt freee and a good management that runs it. You will be 1 step away from good stock searcher. Learning is forever process. Keep learning.

As expected… MD has good knowledge of stock market.
Just to add to the p/e ratio… Growth is another factor. So PEG ratio is a bit better to analyse stocks. Then there are other ratios too.

For others, Read any good book of Financial Management to know about all the ratios.
But while choosing stocks, very few investors look at all the ratios.

@soccergiants wrote:

@marketdimer wrote:

@jeswinjoy3453 wrote:

@chaudharysaab wrote:

market ki abcd kidr se learn krein
any books or website links ??
Regards
Total Noob

bro the best books to read are john murphy’s book on trading …..
Excellent book to clear all your concepts…
there is one more indian author named Ashwani Gujral..you can read this too…
or else bhai youtube tho hai hi …

john murphy?? that too to someone who doesn’t know abc of stock market?? ashwani gujral too???

chaudhary saab aapka bhagwaan hi maalik hai..

Read
Remisscense of stock broker.

Reminiscence of a Stock Broker is one worthless book. It’s like Jim Corbett’s book. Glorified Nothing…

@marketdimer wrote:

my attempt is to make everyone educated and aware that short term tradings can lead to losses and lohg term gives compounding returns. my friend @Prashanth_Krish on twitter has posted some 100-150 “multibaggers” and “guranteed double triple in x months” companies which are trading in multi-times losses and lows. For example kautons or unitech or suzlon or Hanung toys or vishal retail or birla power or … check the list on twitter! 1000 became 2 in 7 years. On contrary almost all etfs and even worst performing mutual funds have given atleast four times returns in this period, best grew at 30% cagr!

You are comparing apples and coconuts here. I don’t want to mention any specific guru or company… A portfolio is always better than individual stocks. But most of the big investors have their portfolio skewed.

@marketdimer wrote:

most guys here lack wisdom, knowledge, patience and risk taking abilities to be a successful trader. i have friends who 9 out of 10 times makes money in day trading but that’s their ability and i never have courage to trade like them. 99% reading this thread will actually lose if they start day trading out of blue. thus want to make them aware and help in creating wealth. While others with contra view are there giving their suggestions. as you said, emotions and observation is required which cant come overnight.

Absolutely true.

One should remember that trading is a negative sum game.

Some more good books not mentioned here:

Peter Lynch’s books (3)

Guy Cohen’s
1) The Bible of Options Strategies
2) Options Made Easy

Ray Elder’s Entries and Exits (Other than CIMTR & TFL as mentioned by @DealSeeker )

Bulkowski’s Chart Patterns

Steve Nison’s books on Candlesticks

Specialised books for trading:

Bollinger on Bollinger Band

Carolyn Boroden’s Fibonacci Trading

Van Tharp’s books on Money Management

James Dalton’s books

& other books on waves et al (if you have huge spare time or you need to know everything about everything)

Good Read

Jack Schwager’s books on Market Wizards

There are many books on Warren Buffett.

Read 1 book per month & invest in different stocks in diversified sectors in the initial days.

Trading is a combination of 3M’s… Mind, Method & Money Management.
You need a strong mind to be successful in trading. But good money management is the only way to remain afloat. Methods change with the evolution of a trader.

Insted of giving this Gyan, post tips like hot scrips of the day or something like that.
That would be more useful.

@dhruv_yv wrote:

Insted of giving this Gyan, post tips like hot scrips of the day or something like that.
That would be more useful.

There are many such hot deals. Check here -http://www.desidime.com/forums/hot-deals-...ne . Let the discussion continue

If you are not interested, you can simply ignore rather than discouraging those who are trying to give some useful info to others. Even I am not interested in this trading and investing stuff but I have no problem that experienced dimers are sharing their knowledge