Online Trading for Beginners

Roboticfx · 21 Re: Online Trading for Beginners Wed Sep 14, 2011 9:09 am

Roboticfx

Senior Vice President - Equity Analytics

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Join date : 2011-07-16

Online trading allows you to work independently in stock market. You have the ability to keep in touch with your shares. You can get correct decision because you know the current situation very well. To me, it's very difficult to do trading through broker. There are so many other advantages also. Very Happy

windi5 · 22 Re: Online Trading for Beginners Wed Sep 14, 2011 9:30 am

windi5

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I know some experienced ppl do even 2 or 3 swing trading per day with a single share. There are many entering and exit points in those so called rallies. At one point it can be sky rocking,then come back due to resistances. Most of our beginners enter to the party at those resistance levels risking there money. Its better to study the mkt and the shares,Patiently, before doing any kind of trading whether its online or through brokers.

hunter · 23 Re: Online Trading for Beginners Wed Sep 14, 2011 1:59 pm

hunter

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My view based on past experience:

Trading is like swimming.
You might see, standing near the pool, how elegantly experienced swimmers go from one end to the other, do a roll and come back to this end and so on.

If you have never swum, can you dive jump from the deep end do the same?

Learning to trade is also like learning to swim.

You will never learn it by watching from outside. You have to jump into the water. But better to enter into the water from the shallow end; slowly; step by step.

So, for beginners, I recommend start on your own, do mistakes and learn, learn from others, learn and learn. You have to learn it the hard way.
Water will go inside your nose for sure when you forget not to breath underwater.
But, for good sake, don't jump to the deep end first; just take a dip in the shallow end first. i.e. Don't put big amount of money first; just use some money you can consider as your 'training fee' first.

Happy trading lessons.

Last edited by hunter on Wed Sep 14, 2011 2:10 pm; edited 3 times in total

tanzanite · 24 Re: Online Trading for Beginners Wed Sep 14, 2011 2:02 pm

tanzanite

Senior Equity Analytic

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yeah so true, great word!!

NimeshaJK · 25 Re: Online Trading for Beginners Wed Sep 14, 2011 2:14 pm

NimeshaJK

Manager - Equity Analytics

Posts : 161
Join date : 2011-07-14

@hunter wrote:My view based on past experience:

Trading is like swimming.
You might see, standing near the pool, how elegantly experienced swimmers go from one end to the other, do a roll and come back to this end and so on.

If you have never swum, can you dive jump from the deep end do the same?

Learning to trade is also like learning to swim.

You will never learn it by watching from outside. You have to jump into the water. But better to enter into the water from the shallow end; slowly; step by step.

So, for beginners, I recommend start on your own, do mistakes and learn, learn from others, learn and learn. You have to learn it the hard way.
Water will go inside your nose for sure when you forget not to breath underwater.
But, for good sake, don't jump to the deep end first; just take a dip in the shallow end first. i.e. Don't put big amount of money first; just use some money you can consider as your 'training fee' first.

Happy trading lessons.

well said.. and that's exactly what I did.. my investment was Rs. 5000.. if I loose the whole thing it's still 5000, but I'll gain a lot of experience. Experience is what counts in the market..
Cheers!!!

enslive · 26 Re: Online Trading for Beginners Wed Sep 14, 2011 2:18 pm

enslive

Senior Equity Analytic

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Hi everyone,

Today is the best day for DAY TRADING.. see the index movements. I brought Blue.X @ 4.70 and just sold @ 5.20. LGL.X @ 27.70 & 28.50. If you see the pattern you can grip it easily
For me, Blue.X is more risk counter than LGL.X therefore tries to sell at any cost during the day .However LGL.X is willing to hold even 3 month @ 27.70 level

Calculate how much you can afford to lose and then enter into the world best professional gambling business Wink

windi5 · 27 Re: Online Trading for Beginners Thu Sep 15, 2011 8:06 am

windi5

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Ordinary men learn from their own mistakes but wise men learn form others as well.

pradeeptha_007 · 28 Re: Online Trading for Beginners Thu Sep 15, 2011 8:46 am

pradeeptha_007

Equity Analytic

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Join date : 2011-03-18

@Angrybird wrote:I recently stated online trading, Since Im working in doha and small investor it is difficult to contact advise however i asked advice so many times though emails but he never replied. here is my story
I had FLCH bought @3.90and sold it today @4.40 then i realized huge buying pressure (last traded qty price cell always blinking in green ) so then I bought larger qty @4.50 thinking it will hit by 5 same day. but price never went up. wht to do.... Sold the same qty (4.20-4.30)
I had the same experience in RAL too..

Lesson learned:
Should have more patient
Should do some basic home works
Should understand instant profit will always go with a risk

EAST bought @ 43.50*2500 Share Sold @ 50*2500 Shares bought another 2000 @ 43.50 last friday sold @ 38.50

Roboticfx · 29 Re: Online Trading for Beginners Thu Sep 15, 2011 9:21 am

Roboticfx

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Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Oh pradeeptha,
Anagaththa neda kalabala wenna gihin? Embarassed

amilaela · 30 Re: Online Trading for Beginners Tue Nov 08, 2011 4:52 pm

amilaela

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kkkkkkkk

chucks · 31 Re: Online Trading for Beginners Tue Nov 08, 2011 9:18 pm

chucks

Senior Equity Analytic

Posts : 57
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Join date : 2011-08-19
Age : 29
Location : Kingdom of Kandy

Im also a beginner & here's my experience...
Bought LITE @11.70
It was down by bout Rs.2/3 through out bout 2 weeks. Sold @12.60 as it suddenly went up. But it reached 15.XX.

It was the same with the other shares which I bought - BLUE, JINS, KHL, TESS

Also I've never seek advices from an S-Advisor...

Very Happy

...Extremely useful thread.. Very Happy

Last edited by chucks on Tue Nov 08, 2011 9:22 pm; edited 1 time in total (Reason for editing : grammar correction)

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Online Trading for Beginners

21 Re: Online Trading for Beginners Wed Sep 14, 2011 9:09 am

Roboticfx

22 Re: Online Trading for Beginners Wed Sep 14, 2011 9:30 am

windi5

23 Re: Online Trading for Beginners Wed Sep 14, 2011 1:59 pm

hunter

24 Re: Online Trading for Beginners Wed Sep 14, 2011 2:02 pm

tanzanite

25 Re: Online Trading for Beginners Wed Sep 14, 2011 2:14 pm

NimeshaJK

26 Re: Online Trading for Beginners Wed Sep 14, 2011 2:18 pm

enslive

27 Re: Online Trading for Beginners Thu Sep 15, 2011 8:06 am

windi5

28 Re: Online Trading for Beginners Thu Sep 15, 2011 8:46 am

pradeeptha_007

29 Re: Online Trading for Beginners Thu Sep 15, 2011 9:21 am

Roboticfx

30 Re: Online Trading for Beginners Tue Nov 08, 2011 4:52 pm

amilaela

31 Re: Online Trading for Beginners Tue Nov 08, 2011 9:18 pm

chucks

32 Re: Online Trading for Beginners

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