Aug 19, 2011

Time to START Share Trading

The share market is falling. 

SENSEX closed at 16142 on 19th August.(intraday low was 15991).

In general people feel bad, when market falls irrespective of their holdings value, instead be happy and BUY.

EVERY FALL IS AN OPPORTUNITY TO BUY.

Please understand it is just notional value.

Be happy if you are a long term player and start buying whenever there is a fall.

For New Entrants, this may be a great opportunity to start equity trading.

I am rewriting my earlier post.

  • 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 an 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.
  • Spend at least 30 minutes in a trading day.
  • Do trading with passion and multiply your money.

HAPPY TRADING

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