Investing in Stock - discussions?

Hi Dev,

I think we got a right person here to explain n teach properly about stocks...Ofcourse we are interested in it...

I wanted to ask you what type of trade is useful for housewives like me who likes to trade from home??...I means intraday, midterm or long term shares...Just explain me their benefits and disadvantages too...

Thanks in advance Dev ...You are doin a very good job!!

Originally Posted by DSK

I have been trading in Indian stocks for sometime now... Basically tehre are two types of ppl in stock market- 1. Trader 2. Investor. Traders are more interested in short-trerm profits & Investors look at long term gains. One can also have a portfolio with a mix of both.

Traders usually do technical analysis to decide on stocks that'll go up in the short term. Fundamental analysis is more to learn abt the long-term prospects of the company. One needs to looks into the general market first & they go on to select companies with good profile in that indutry. If one wants to invest/trade in stocks, one needs to know atleast to basically understand the financial statements of the company, read a lot about general economic conditions & also calculation of ratios is recommeded before deciding on buying a stock. One can decide on their portfolio depending on their needs,like one can have 30% in investment stocks & 70 in trading or vice versa or any other combi. It also depends on the risk one is prepared to take. I'll write more about rato analysis & stuff if ppl here r interested in it...

Dev

In know a bit abt ratios. The Current Ratio(Current Asset to Current Liab) ideally should be 2:1. We should also check on the Turnver ratios to determine the profitablity of the company.In the current scenario, certain stocks yield good profit . For eg Sugar Companies. Also now that there is a real estate boom, the related companies like Cement(mangalam cement is a good xample) are also shooting up in their performances. also , Oil companies are doing well. We would certainly like to hear more from you, DSK!

Purnima

Originally Posted by sunkan

dear dsk,
i think if u can help with ur knowledge of what to buy and when to sell for sometime many will pick up and then it would become a business thread here....i know and understand the risk has to be taken....but ur guidance and a little help should build up this thread for many a novice who want to start small and then get the taste of it to go ahead and invest a little more....pl do advise with whatever u feel is to be given for beginners in this field...regards sunkan

Dear Sukan,

I'll post more info on stock market & its basics when i find time. But providing trading suggestions, I don't want to do that as I myself am a beginner in this field. Also, there are 1000s of theories for analysing a stock & stuff. It's a vast field & any decision to buy/sell is a combi of many factors. I'll detail whatever i know of ,whenever possible.

Originally Posted by sonu_627

Hi Dev,

I think we got a right person here to explain n teach properly about stocks...Ofcourse we are interested in it...

I wanted to ask you what type of trade is useful for housewives like me who likes to trade from home??...I means intraday, midterm or long term shares...Just explain me their benefits and disadvantages too...

Thanks in advance Dev ...You are doin a very good job!!

Hi Sonu,

The type of trade would depend on one's needs,how long one can lock their money in stocks,risk taking ability etc. If you want to see quick profits(or losses :D) you can try intrday trading(buy & sell the same day) and swing trading(shows results in 1-5 weeks or so). If you can lock ur money for a longer period & wait patiently, u can be an investor. You can also be a mix of all these. Depending on what kind of trading U want to do, you can pick stocks. Intraday trades- you'll have to be glued to the mkt if u r trading for the day coz U want to grab the best oppor during the day(IMO, it's like a lottery.I still don't get a hang of how ppl do it. Medium term & investment trading- you need to do a lot of homework & decide on the rate & time to buy/sell a share. Your actual number of trades might be less in this case but U'll be doing a lot of background work. You need to monitor your stocks constantly but needn't be watching it throughout the day.

Last piece for the day... If one really want to be in the stock markets, one need to learn to accept losses as u accept profits. No all shares U buy will make profits. Only when U r mentally prepared for it, enter into the market. I've seen so many ppl interested in the stock market(esp indian mkts) these days as the index is shooting up & the economy seems to be rosy but not many are ready to accept losses. They want to see profits right from the beginning , which is 'almost' impossible.

Hellow... is anybody interested in the discussion???!!!...:)

Hi DSK,

Ofcz all r interested...Can you pls let us about derivatives??? how different it is from simple trading??

Originally Posted by DSK

Hellow... is anybody interested in the discussion???!!!...:)

Cool topic.
I have quite good exp watching my husband trading :). He trade via icici direct and I can help out Qns regarding trading, stocks etc...

Dear DSK,

I also got a new ICICIDIREC 3 in 1 account last month. Till now I have not started using it.
For anybody who wants to get a D-mat account , it is easy to get one in ICICI.
I just registered online .They came and did the needful within 48 hours. They give you one SB a/c . one webtrading a/c and one D-mat a/c.So it is 3 in 1 a/c.
I got like that only.
What I waned to know is to the way to start going about it without knowing anything. I want to learn and have nobody to teach me, here. My husband doesn't know anything about trading. Can you help me??
Regards
Latha

Originally Posted by DSK

Hi Sonu,

The type of trade would depend on one's needs,how long one can lock their money in stocks,risk taking ability etc. If you want to see quick profits(or losses :D) you can try intrday trading(buy & sell the same day) and swing trading(shows results in 1-5 weeks or so). If you can lock ur money for a longer period & wait patiently, u can be an investor. You can also be a mix of all these. Depending on what kind of trading U want to do, you can pick stocks. Intraday trades- you'll have to be glued to the mkt if u r trading for the day coz U want to grab the best oppor during the day(IMO, it's like a lottery.I still don't get a hang of how ppl do it. Medium term & investment trading- you need to do a lot of homework & decide on the rate & time to buy/sell a share. Your actual number of trades might be less in this case but U'll be doing a lot of background work. You need to monitor your stocks constantly but needn't be watching it throughout the day.

Last piece for the day... If one really want to be in the stock markets, one need to learn to accept losses as u accept profits. No all shares U buy will make profits. Only when U r mentally prepared for it, enter into the market. I've seen so many ppl interested in the stock market(esp indian mkts) these days as the index is shooting up & the economy seems to be rosy but not many are ready to accept losses. They want to see profits right from the beginning , which is 'almost' impossible.

hello dev

Iam trading in NSE through internet form home for the past one year . Gained hell lot of experience on how money gets lost. till now no profit. lost nearly a lakh. i tried to trade using tips received from bombay on payment of Rs.2500/m even their tips never worked out. im dilema whether to proceed or not. if u can suggest any thing on this, plz do.

Would like to know how long u are in this field and what are u doing?

regards
saratha

Hi ,

I think i reached a right place to sharp my knowledge.Experienced ones are here to gudie us.

Actually i am even doing trading past2years, as myhubby started it before our wedding ,transferred it to me, as he is busy with his work.

First even i felt alot to understand the concepts, myhubby use to help me during weeknds. Suggested few sites to go through, which would be helpful to strengthen my knwoledge in basics..

ICICI direct.com
Myiris.com - Personal finance India for shares, stocks, equity, mutual funds, loans, credit cards, insurance, tax, mutual fund NAVs, BSE, BSE India, NSE, NSE India, share, mutual fund, loan, company results, credit card, and more...

Though my portfolio was like noprofit, no loss till few days back, now i started seeing a small amount of profit...Its takes time to understand.We have to know currect financial status of our countries, world marketvalue...etc.,

Regards.
USHA.