If you want to trade (as opposed to invest- and to "invest" you need to hold a share for a mimunum of 5 years) then you will need at least 5k otherwise trading costs will probably wipe out any profit you make and then some.(ie.you will make a loss)
You want to get to know about trading - then try virtual trading
i.e pick shares - decide how much/many you want to buy then buy them virtually,
decide when you want to sell then sell them virtually
keep a spreadsheet to keep track of trading costs, and buying/selling price
Do this for a year and see how you go (i.e see how much you make or lose)
THEN decide if you want to trade for real
(but a word of warning
virtual trading is easy cos it looks like fun cos you know whatever happens you cant lose any money.
Investing real money where you could see your investment half in value over a few weeks is totally different, cos that is real money you are losing.
Its one hellova stress to see your investment plummet in value, and have to decide whether to sell and lose money, or wait and hope in comes back again, but with the chance you could lose even more money
(remember- in effect all you do in investing is buy a"bit of paper" - the share certificate. You do not actually make or lose money until you sell that bit of paper))
)
With gold and shares being the most sought after investment arena for Indian investors. Well here is a guide to get started in Share market investment in India. There will be opinions pouring in from all directions. The best part is that even people who have never ever invested in shares will have strong opinions and even tips at times for how to invest in share markets. So if you are someone who simply does not want to stand and give tips without doing anything and wants to actually invest in share markets in India, then here is how to get started with share market investment in India.
Yes- stay out.
I'm not kidding. Unless you are actually buying a companies value you are just 'trading' which is little more than gambling.
There are sharks who have been gambling for years who create the very markets little fish get eaten in.
In order to buy into a company's value you need to know how to find its real value- hint: its not in the media reports.
I've been trading the market for just a few months. My cousin actually told me about this website (http://pennystocks.toptips.org)and I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.
For more info: http://pennystocks.toptips.org
Cheers.
The secret word of trading success is "organized". You can't be successful without a strategy, a plan and some kind of technological support. I use a software called "autobinary signals" that is helping me a lot. There are plenty of them on the market. I recommend this one because it's very easy to use (you don't have to be an expert or have special skills to make money with it).
Check it out here. It's worth it: http://tradingsignal.toptips.org
I'm making big money with binary option, I use this software ( http://forexsignal.kyma.info ) My software delivers signals only when the five indicators (bp trend filter, market deviation, price pattern, rel. price impulse, stat. price range) are aligned together and we have an extremely high confidence rate, it must then co-exist with my proven secret strategy before a trade be detected… as a result, we get a guaranteed Highly-Accurate ’80-100%’ Signal.
I'm earning good money with this binary option signal sofrware ( http://forexsignal.kyma.info ) What I'm going to show you now might irritate old-fashioned traders who can't accept that a piece of software can outperform what they have learned through many years of trial and error
When i say beginners, i mean absolute novice. I've always thought the idea of being involved in the stock market was interesting.. nothing major, just investing some money here and there to see what happens.
The problem is that i have no idea where to start.
Can anyone recommend somewhere for me to start learning, then how to progress to actually trading? E.g. a link to a certain website, a book or maybe information you can give me yourself?
Thanks.
