Reality: They're just trying to sell you a book or a newsletter.
Reality: You're competing against a market full of professionals who have advanced degrees in finance and economics. If there is a stock that is expected to do well, they will find it and bid up the price now. Do you really think you can find the secret profit opportunities that they can't because you read a book?
Reality: You can get very high returns by taking very high risks. But you can't get high returns without high risk, because if such an investment exists, the pros will find it and bid up the price until the expected return isn't so high.
You could get very lucky, just as you can get very lucky buying a lottery ticket, but you're fooling yourself if you think you can reliably get high returns beyond the high risk.
First you should do is read a few books just too get a lil more insight, understanding the concept of it because investing is a lot different from years ago. I prefer pennystocks which are any stock that's under the price of 5$. Because of the percentage gain potential. You can make 3000% on your account in minutes or you can lose most of it.. but you have to know a lik more....
I started with 30$ and worked my way up way up. But it took a while. You will hear some one say start off with 100$ some will say 25,000$ but start with a simulation befor jumpin in throwing money around.. never chase a stock number one rule look on youtube type in stock, pennystocks you will see ita a whole network of people teaching about stock bwst of luck too you
look up Garb if you ever open a account
Buy low & sell high. What else do you need to know? How to time such buying & selling? You'll need a very good crystal ball for that. Fewer than 20% of the "professionals" out there, with their MBAs in hand, are able to out-perform simple indexes.
You have already opened with Sharekhan a demat account and ask them to provide online trading facility.. You may open dummy portfolio accounts with moneycontrol/rediffmoney/ET portfolio/ where you can put some good shares virtually purchased in and you can see how they grow for one month. There are many sites such as moneycontrol/askkuber/equitymaster/capit... valueresearchline/morningstar which give good insight for beginner for share investing. There is another site www.moneywork4me.com which also gives insight about good shares to invest. You can download a software ChartNexus and update it with daily data from NSE/BSE which will give charts about the share performance for the last one year. There is a tool for portfolio analysis and technical analysis regarding shares in the above software. Invest in some bluechip shares in small quantities and see the progress and slowly increase your investment appetite depending upon how much you want to invest and how much you are prepared to take risk.
this is for beginner trader, normally beginner trader will loss some money when they trade due to their less experience, but some system allow you to COPY experience daily trader who always sit in front of pc. you can learn from them on how to trade and earn money at the same time, i will teach you how to choose the correct trader to copy because my goal is always to earn money at a steady rate , i prefer trader who trade in low risk.
so i can invite you to that trading system after you fill up this form, you will receive 20$ free stock based on your selection and 50$ usd bonus once you deposit 100USD to the system, its a good offer and may end soon
its not a spam, u can even join my fb group and i share some tips
this is the link :
http://bit.ly/1pBIkdf
**** the idea you need a degree. The simulator is a good idea try "wall street survivor" , and overall the book that helped me succeed is "one up on wall street" by Peter lynch if you want to succeed read that book and I am being dead serious I have been an entrepreneuer all my life and this is one of if not the most valuable book I've ever read you won't need anything else
i am an Indian and i wanna earn a decent amount of money from home.
i have no knowledge at all about stock market or investing,
i wanna learn all i can about it....so i wanted suggestions from experienced people out there.
My questions are
(1) Where do i begin?...should i read some books or just start with trading simulator like at moneycontrol? (specify book names from beginner to advance level)
(2) after i gain some knowledge and experience......how much should i invest for the first time?
I have opened a demat account with sharekhan as well but have not invested any money yet....
so the point is....how do i start???
