Hi I want to know the basics of trading tips today I lost 45000 in shiping corporation yesterday made 10000… Plz give tips
I believe instead of searching for getting more tips, it’s way better to know our psychology during trading.Then the winning rate will obviously improve.
1 Like
Ur right but at that my psychology said we can make 10k but it didn’t I am new for trading
hey, @Venkatesh_Rao Dont Trade Blindly.
Before Taking Any Trade Do your own Research.
If you will keep on Trading Blindly One day You will earn 50000/- Profit But On same Day You can Lose All your Capital.
Please Do research Before Placing Any Order.
Thank you.
1 Like
Dont trade on tips provided by some one.think again,if they are able to generate profit from their research then why the hell they are selling tips instead of trading for themselves.
Try to learn the trading.read books,watch videos and practice with small amount or open paper trading account like trading view or NSE pathsala.
Once you feel confident then only trade live.there is no sense in loosing hard earned money.
2 Likes
Unfortunately there are no one specific method to make money or avoid loosing money in stock market. What I know about trading is- A successful trader should
- understand and accept trading is speculation (kind of gambling) only then you can think (in probability and edge ) and act like a speculator (cut loses early and don’t bet all the money in single trade etc)
- should be able to predict 7 out of 10 outcomes correctly ( mostly a natural skill / intuition)
- Execution- (comes with practice. Entry, Exit, Stop loss @ right places)
Book Market wizard is a good read.
4 Likes
Thank you all bro,. now onwards decided I wil buy 1or 2 shares first I wil learn with that after that bet Big Amount…
1 Like
A stock market is a place where anyone can do buying and selling of stocks.Many people have a belief that stock market is a money making machine and anyone can earn money easily, one can make money through investing in share market if he knows how to control loss in share market by smart management of risk.For better performance in the market you can take help of financial advisors they provide quality stock tips, stock futures tips, commodity tips and much more to help you to earn good profit.
Tips for better return in share market -
1.Identification of current market phase -
This is the first step, you should know what phase the market is in, you should figure out is there a right time to invest in the market or not? If you don’t understand much about market first, please learn what is happening in the market, how we can learn better through trading.Because the inability to understand market sentiment leads an investor to adopt wrong strategies and that’s why they face loss while trading in stock market.
2. First, observe then start -
Before actually starting, you should observe market patterns carefully. The market pattern is driven by previous day effects, moments of shares in the market, valuations of stocks, overnight movement in the market. So if you are new in trading, don’t start suddenly, first try to observe what is actually going on in the market and how you can trade by following current market trends.
3. Trading using “Stop Loss”
Stop loss is a limit where trade automatically closed if you crossed a limit of loss on the security. It protects investors from losing control because it provides a limit of loss on a particular security. It creates a better platform for traders and improves the performance of the investment.
4. Don’t go what other people say -
Taking suggestions from experts is good but sometimes what your mind says is also important for you.When we start trading, we talk of people for suggestions the and everyone provides their different judgement for better trading. It’s good to talk with experienced, but traders should not talk too many people to avoid confusion.
1 Like