There is always many doubts in the minds of a new comer, that too in share trading it is many fold higher.
Here is one way of starting it.
Prepare a watch list of 5 to 10 companies Shares.
To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker.
Note down the closing prices of these cos in a excel sheet for 10 days.
This will give you an idea about the price movements in the watch list.
Start buying when it is stabilizing at a price. keep watching.
Fix a target price and book profit when it reaches the price target.
Book profit and enjoy, this will motivate you to do more trading.
Talk with people, this will help gaining knowledge.
Accumulate the Holdings at every fall.
( we can see how to average in a separate post)
I always believe in holding for a long term, i don't do any Intra day or Futures / options trading.
This is one of the ways to start Equity Trading.
Careful (watchful) trading will definitely give better returns than any other deposit options.
START TRADING AND MULTIPLY YOUR MONEY.
1 comment:
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