Equity Markets

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2558

One more thing... Should one take care of investing same amount in both sides...? In ur example if nifty goes up, one will be in loss if dlf increases more than nifty. And generally it will happen bcoz dlf has a higher beta than nifty. If i may ask, what was ur return...?

2559

I made good money...

the same skills used for finding a directional trade are used here. The portfolio is supposedly risk neutral and not net equity exposure neutral... You calculate from volatility of both tickers the amount in % you can lose... then adjust your lot/share size

try to get your hands on the book market neutral investing: http://www.amazon.com/Market-Neutral-Investing-Consistent-Portfolio/dp/0793194148/

this friday(28th) bough DLF and short APOLLOHOSP

the meaning of revealing positions in my job is v different and comes with a 600 words legal disclaimer :p

but definitely impressed by you guys I've been doing this stuff last 5 years requires hell lot of work... if any of you have consistent record can shoot for good prop trading desks like GS, JPM...

2560

this friday(28th) bough DLF and short APOLLOHOSP

and yes this is far from a pair trade but since I was asked 😁
2561
Ever heard of risk arbitrage or long-short equity? ;)

It will be a very seldom instance when you can actually forecast the trend.



Thanks for providing a new outlook..:)

But I guess, we cant short equity unless we are trading it in futures segment.. isnt it?
2562

But I guess, we cant short equity unless we are trading it in futures segment.. isnt it?

in cash segment, only intraday
for positional trading, you can apply same concept by using options 😉
2563

Puys i need advice , I want to invest around 1 lac in equity markets.
HOw should i go about it? like SIP in MF or directly in stock, which one ?
How to identify stocks which are going to perform?
I already have DMAT acount i am sceptical about identifing right stocks
please advice.

2564
Puys i need advice , I want to invest around 1 lac in equity markets.
HOw should i go about it? like SIP in MF or directly in stock, which one ?
How to identify stocks which are going to perform?
I already have DMAT acount i am sceptical about identifing right stocks
please advice.

it's wise of you to be skeptic about betting money on stocks without good research.
Selecting MFs is similar like selecting stocks.
Best are SIP and ULIPs... call home agents/RMs, get overview of various plans before investing.
2565

Lol, even Pair is not safe in such a volatile market..
I've executed many pairs in my broking days...L&T-Punj;, ICICI-Kotak, HCC-Nagarjuna etc etc...Some times the client makes money,but most of the times suffers a loss.
Only saving grace is that it's not blind speculation like future trades. There's a rationale behind the pair, like mean deviation etc!!

Hehe hope I didnt sound cryptic... no post since my post...

guys pair trading is best... we should not try predicting the direction of entire market... so better to find a pair of strong stock and weak stock.
2566

Yes, you'll either get screwed very badly or mint a lot of money if the Pair trade's not a money-neutral one.

ABCLIKS Says
One more thing... Should one take care of investing same amount in both sides...? In ur example if nifty goes up, one will be in loss if dlf increases more than nifty. And generally it will happen bcoz dlf has a higher beta than nifty. If i may ask, what was ur return...?
2567

Is going for ULIPs wise?
With Sebi and Irda still at loggerheads over who gets the right to market ULIPs?
Sebi had banned around 14 insurers for marketing ULIPs
Which is the best MF and scheme to invest in?
How about sectoral MFs? Which is the sector one should look at with a horizon of a year? I think pharma is good and telecom valuations pretty cheap! Bharti @ 270..A steal?

it's wise of you to be skeptic about betting money on stocks without good research.
Selecting MFs is similar like selecting stocks.
Best are SIP and ULIPs... call home agents/RMs, get overview of various plans before investing.
2568

It seems all here are in the market for number of years. So lets introduce ourselves , wot say?

2569
Lol, even Pair is not safe in such a volatile market..
I've executed many pairs in my broking days...L&T-Punj;, ICICI-Kotak, HCC-Nagarjuna etc etc...Some times the client makes money,but most of the times suffers a loss.
Only saving grace is that it's not blind speculation like future trades. There's a rationale behind the pair, like mean deviation etc!!


yupp thats why I said the same skills required for directional trades are used here. Also probability of getting screwed is less since people keep atleast 4-6 positions and the chances of all going rogues simultaneously is less.

Also market neutral as the term comes from independence from market benchmark; overnight gap down of 10% in nifty won't blow you up
2570
ABCLIKS Says
It seems all here are in the market for number of years. So lets introduce ourselves , wot say?

here's my intro:http://www.pagalguy.com/forum/career-discussions/25733-repository-skill-sets-pg-junta-9.html#post2143112

shall wait for others
2571
here's my intro:http://www.pagalguy.com/forum/career-discussions/25733-repository-skill-sets-pg-junta-9.html#post2143112

shall wait for others


okay i would love to introduce....SAURABH SACHDEV.. an engineer by profession.. has been following markts from my 3rd year.. tradrd for about 6 months in market in 2007-2008 from my dad's portfolio.. currently hold satyam bought at around 40 rs..(thats the only investment i could do with my meagre salary at INFOSYS.. and should have sold it at 110+).... felt like making a career from markets..... my dream job.... FUND MANAGER... DOES FOLLOW APOORV SHAH OF HDFC A LITTLE AS FUND MANAGER...
2573

As an Aside, If Anyone who has enough knowledge in financial markets or has considerable financial or economic gyan is willing to have a discussion on Fundamental Trading vs Technical Trading then I would be very glad. I am a Fundamental Trader and I would ideally want to fight it out with a Technical Trader. Any takers (please)?

Get started with some good books:

  1. Japanese Candlestick Charting Techniques: Steve Nison
  2. Technical Analysis: the complete resource for financial market technicians- Pring
  3. Trading Systems And Methods- Kaufman

Feel free to post back here all type of queries regarding TA... you are likely to get many
2575

If you dnt follow the stock market,
you are missing some amazing drama
-MARK CUBAN , american entrepreneur

2576
If you dnt follow the stock market,
you are missing some amazing drama
-MARK CUBAN , american entrepreneur

"Most of us enter the investment business for the same sanity-destroying reasons that a woman becomes a prostitute. It avoids the menace of hard work, is a group activity that requires little in the way of intellect, and is a practical means of making money for those with no special talent for anything else." - Richard Ney

"Most so-called anomalies in the markets don't seem anomalous to me. They seem like nuggets from a gold mine, found by one of the thousands of miners all over the world." - Fisher Black
2577
ABCLIKS Says
It seems all here are in the market for number of years. So lets introduce ourselves , wot say?

Hi...I am ABCLIKS.
A graduate in Commerce. Also cleared FRM in 2009. Currently waiting for my results of CA Final and CFA Level 2 Exams.
I am involved in market for last 2 years. More so in last 1 year when I was doing my CA Industrial Training in Equity Research and Corporate Finance Department of a Brokerage Firm at Nariman Point.
A trying to be Value investor. My portfolio consists Stocks(80%) as well as derivatives(20%).

Currently holding Ashapura Minechem , Bajaj Holding & Investments , Jindal South West Holdings , S E Investments in my Cash Portfolio.
In Derivatives, I do mostly Straddle in my derivatives portfolio.
Not in the market to earn Supernormal returns. I am happy with 40-50%% return per annum.
2578
ABCLIKS Says
It seems all here are in the market for number of years. So lets introduce ourselves , wot say?



Hi

I am Saurav Tibrewal, commerce graduate from St. Xavier's College, Cacutta
I am a CS.. currently pursing MBA at IIFT

I was an investor in 2007-08 but I got all my money blocked during the bull run.. I am following the markets regularly but have no money left to invest any further now
2579
Get started with some good books:

  1. Japanese Candlestick Charting Techniques: Steve Nison
  2. Technical Analysis: the complete resource for financial market technicians- Pring
  3. Trading Systems And Methods- Kaufman

Feel free to post back here all type of queries regarding TA... you are likely to get many


You didn't answer my online brokerage service question.
What do you think should i choose?