You didn't answer my online brokerage service question.
What do you think should i choose?
Dude I'm NOT a expert on everything; more so I only talk about what I know :D
you make me feel like it was a mistake to suggest you those books
Dude I'm NOT a expert on everything; more so I only talk about what I know :D
you make me feel like it was a mistake to suggest you those books
Dude I'm NOT a expert on everything; more so I only talk about what I know :D
you make me feel like it was a mistake to suggest you those books
LOL, nahi nahi, i thought you had some amount of idea about the online trading services as well
since you seem like an expert.Also, I have one of the books you have suggested. It was nice and informative 😃
Okie puyssss ,
I just want to know that which broker rents the least for every transaction v make . Can you guys suggest me which one should i prefer?
DEVILISHANGEL SaysLOL, nahi nahi, i thought you had some amount of idea about the online trading services as well...
If any of your friends need advice on institutional trading
feel free to refer to me
Warren Buffet interested in buying a stake in Bajaj Finserv....! Hmm...Seems interesting 
...!
ABCLIKS SaysWarren Buffet interested in buying a stake in Bajaj Finserv....! Hmm...Seems interesting...!
He Might. If you know that his real money for most of his investments comes from his other brilliant acquisition Geico and I still remember one of his most famous things he said about that. I paraphrase " Everyone needs a car insurance so what is it that you look for car insurance? You want hassle free service and an insurance thats the cheapest-thats Geico" - A description why he bought Geico and he added "Insurance is a business where people have to pay money upfront and that money can serve my liquidity needs anytime anywhere".
One of his brilliant strategic moves - Geico :)
What he sees in bajaj finserv? We need to read the annual report of the company and understand industry dynamics to understand that I think.
Edit-I just realised why i wrote Gecko earlier and not Geico- I got confused with Gordon Gecko (from the movie wallstreet) and Geico 😁 lol
U need not have big capital to start with. Its not absolute return what matters, but Percentage Return.
Rakesh Jhunjhunwala started with Rs.5000 in 1985 now he owns more than Rs. 5000 Crs. Do follow his Portfolio, his investments and reasonings behind the investments...:)
And when I see his journey in last 25 years, I really pity myself, Why I want to run for those fat pays in IIMs, when one can earn such a money by sitting at home...!
RJ is a Chartered Accountant by Profession but he says, he has wasted 4 yeas of his life doing the degree. ANd he is right, Many successful brokers in the Market dont even have a Graduation...! I think Investing is an ART. And Behind every ART, there is a bit of GOD GIFT...!
U need not have big capital to start with. Its not absolute return what matters, but Percentage Return.
Rakesh Jhunjhunwala started with Rs.5000 in 1985 now he owns more than Rs. 5000 Crs. Do follow his Portfolio, his investments and reasonings behind the investments...:)
And when I see his journey in last 25 years, I really pity myself, Why I want to run for those fat pays in IIMs, when one can earn such a money by sitting at home...!
RJ is a Chartered Accountant by Profession but he says, he has wasted 4 yeas of his life doing the degree. ANd he is right, Many successful brokers in the Market dont even have a Graduation...! I think Investing is an ART. And Behind every ART, there is a bit of GOD GIFT...!
Same here buddy, Its just that marketing is my first love a lot and I need to practice my first love too, Thats it 😃 but I would be as happy helping out start-ups as big cos so lets see where life takes me.
You will be happy to know that I also see management as much as an art as a science. And I think thats most people miss out on the art side of it, may be people like Nassim Nicholas Taleb can help.
Another reason to love Investing is that It actually is the sum of all that is to understand in business because unless you are a "quants" which i am not. I am more interested in the art than the science primarily because the science is same for all and is very mechanical, its the art that sets us apart 😃 warren buffet and charlie munger and george soros and peter lynch and jhunjhunwala had the same info if not less than some others had but its the way they acted that made the difference and thats decision making.
On markets and investing, I would like to quote the famous philosopher Friedrich Nietzsche here - "Those who were seen dancing were thought to be insane by those who couldn't hear the music".
For me this pretty much sums it up :)
@Devilish
What I think is, when one is starting, one should not look at Brokerage rates, they vary only marginally from broker to broker. What should matter is Service and Convenience. In that, I feel ICICIdirect is good (thats what I use)!
@Devilish
What I think is, when one is starting, one should not look at Brokerage rates, they vary only marginally from broker to broker. What should matter is Service and Convenience. In that, I feel ICICIdirect is good (thats what I use)!
ICICI direct has speed issues if i am not wrong? Also the trading software is web based? The good thing is that if you have an icici account, it must mean hassle free trading, but i have heard complains about buying or selling late. How true is this?
Have you tried ShareKhan? Some how i tend to think share khan is the best? Whats your opinion?
According to brokerage rate, i guess reliance money would win hands down but I am not exactly looking at just cheap stuff like you said. Also, I think reliance money, since its owned by reliance will tip off people wrong-not that i go by tips anyway but still.
ICICI direct has speed issues if i am not wrong? Also the trading software is web based? The good thing is that if you have an icici account, it must mean hassle free trading, but i have heard complains about buying or selling late. How true is this?
Have you tried ShareKhan? Some how i tend to think share khan is the best? Whats your opinion?
According to brokerage rate, i guess reliance money would win hands down but I am not exactly looking at just cheap stuff like you said. Also, I think reliance money, since its owned by reliance will tip off people wrong-not that i go by tips anyway but still.
I have a good experience of ICICIdirect. I am not excessive trader. (I dont do intraday and stuff) So speed issue and high brokerage rate issue dont matter much to me.
My good friend has both Idirect and Sharekhan , he feels Idirect is more user friendly. (which is most important at this stage)
About RMoney, I can't comment. But the wrong tips concern is certainly unsolicited. Any Broker's tips can go wrong and following those tips is a sole responsibility of Account holder.
I have a good experience of ICICIdirect. I am not excessive trader. (I dont do intraday and stuff) So speed issue and high brokerage rate issue dont matter much to me.
My good friend has both Idirect and Sharekhan , he feels Idirect is more user friendly. (which is most important at this stage)
About RMoney, I can't comment. But the wrong tips concern is certainly unsolicited. Any Broker's tips can go wrong and following those tips is a sole responsibility of Account holder.
Hmm, Thank You. Is there any way in which i can get a snap shot of both the trading screens? That would be really helpful.
I generally don't want to trade Intraday but sometimes market conditions are such that some intraday trades do make a lot of sense-just sometimes though.
Hmm, Thank You. Is there any way in which i can get a snap shot of both the trading screens? That would be really helpful.
I generally don't want to trade Intraday but sometimes market conditions are such that some intraday trades do make a lot of sense-just sometimes though.
I think you can visit both Idirect and Sharekhan Centres in ur town and ask for a Demo. It would suffice.
Abt intraday, I dont believe it much. I can say, its against my principles. Earlier when I used to do it, sometimes it has raised my blood pressure
. One thing u take it from me, investing for long term, (of course using stop losses) only gives u maximum gain. I hv experienced that and have heard many ppl experiencing that..!
I think you can visit both Idirect and Sharekhan Centres in ur town and ask for a Demo. It would suffice.
Abt intraday, I dont believe it much. I can say, its against my principles. Earlier when I used to do it, sometimes it has raised my blood pressure
i believe in what this guy i saying... i tried intraday but it used to give me nightmares in DAYTIME..
..but i did find 3-4 months(mid term period)is a good strategy if u have some exposure of markets previously... initial investments when u are a fresher should be limited to large cap stocks for a long term period..
I use Sharekhan n trade both intraday n in futures. While speed etc is good n brokerage is less but the interface is not that user friendly. IDirect is much better in that sense.
I disagree with saurabh n abcliks abt intraday. It may do that but so do matches between India n pak. It is the thrill of making some really quick bucks n beating other people that makes intraday interesting for me. Trading is so thrilling!!!
Anyways its a personal choice.
Intraday trading is strictly for professionals only
punit.s SaysIntraday trading is strictly for professionals only
I wont say I am a professional
but I love intraday :Dn BTW loved your signature(sign of a trader 😉 )
I wont say I am a professional
If you are doing it profitably for last 1000+ trades, just PM me, you might be up for a surprise
I would love to learn technical analysis need some help
ankurbipinshah SaysI would love to learn technical analysis need some help
http://www.pagalguy.com/forum/chit-chat-your-interests/2924-equity-markets-130.html#post2150273
thats the best way I can think of to get started.