banking, automobile , IT
2007-01-02 14:40:09 · 5 answers · asked by abhay s 1 in Business & Finance ➔ Investing
Use chart technical to catch top bottom
trade in index, commodity future
use aptistock freeware with buy sell signal
details on my blog
2007-01-02 18:23:00 · answer #1 · answered by dinu_pawar 5 · 0⤊ 0⤋
Hi,
I completely agree with Robert L and disagree with Ulchka. You may create amazing income in forex if you use right trading system and correct money management rules. I’m forex trader – analyst and I successfully trading for 5 years. Os course there are wins and loses but it is part of traders’ job. For example last year my worse month was +5% and best month +90% of trading amount. Of course when I began trading I had loses very often but it was because I didn’t know the main rule: Follow The Market and doesn’t matter where it goes just follow it.
Managed accounts offer very low leverage therefore income is so small. Better open your own trading account, hire experienced trader and he/she could create you amazing income.
If you want to start your own trading then begin learning right now. Study those books:
Market Wizards by Jack D. Schwager;
Technical Analysis by Jack D. Schwager;
Comprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter;
Candlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris;
Trading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill M. Williams;
New Trading Dimensions by Bill M. Williams
Trading Chaos II by Bill Williams – Maximize Profits with Proven Technical Techniques by Justin Gregory-Williams and Bill M. Williams
After go to the website www.profitunity.com and order home study course. If you would have possibility then try to get education in their office.
Then open demo account and practice, practice, practice….
When you balance on demo account will be positive for few month open trading account, deposit money and start trading.
If you would do everything in the range as I wrote I have no doubt that you become really successful trader.
The main reason why most traders fail is that they cannot recognize that they made mistake in their forecast.
Golden rules are:
1. The market always is right and it doesn’t care you win or lose.
2. Nobody could predict next movement of the market.
3. Trend is best your friend.
If you are interesting I could introduce you to one brokerage company in Austria that allows to trade from same account currency trading (forex), commodities, metals and cfd on shares. Total 500 instruments available; spread from 1 pip. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years.
If you have any question please do not hesitate and pm or e-mail me (press on my name).
Good luck!
2007-01-02 18:50:11 · answer #2 · answered by VP 3 · 0⤊ 0⤋
Brother, as advised my other respected members, I would like to add to there advices that Stocks is not about research, It's about sensing the growth of your country, and the enviroment prevailing....
For example you have interest in Banking, just see the overall Banking industry, research on it, see there trends......and first of all decide wheather you want to be long or short term investor.....
Stocks is all about Long term.....Day trading is just betting, if you wanna take risk, take risk with that money which u can put forward for risk taking....
2007-01-02 22:51:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
hi. if ur a fresher then do some research. figure out what really goes into investing. Its not about jus buying some stock and hopiing it'll move, theres a lot of research that goes into the buy or sell call. My advice is put ur money in mutual fund or read some really good books on technical analysis.
2007-01-03 06:40:40 · answer #4 · answered by fcukind 1 · 0⤊ 0⤋
open an account(3 in 1) with icicibank or hdfcbank and get free tips and invest. subscribe equitymaster.com. 90% success rate and very safe
or blindly invest in infosys tech. it gives always 35%-40% returns
it: infosys tech and satyam ( very cheap stock among IT top companies )
bank: hdfcbank, icicibank, sbi and kotak bank
auto: maruti, bajaj auto
2007-01-06 04:41:49 · answer #5 · answered by udayashanker k 3 · 0⤊ 0⤋