dude jobbing seems to be easy from the front but very diffucult to explain..it'll run in pages...one thing i would like to tell u---
1.)stick to one scrip for atleast three months...
2.)start with 25 shares each trade and do atleast 200 trades daily...dont expect profits for 3 months...first learn the skill...
3.)strictly follow 25 shares in each trade and dont hold for more than 2 mins whether in profit or loss...
4.)if ur loss incl charges exceeds 500 rs --shut down for that day...there's always tomo...
5.)dont change quantity with each trade...strictly 25 shares for three months ...it means no averaging...
6.)dont take views from anyone...screen will teach u everything...slowly after three months do 100 shares for one month...then,sky is the limit...
sure u'll hav to waste time but then u'll make up for everything once u start doing quantities after say 6 months...then lifetime u'll be earning ,no matter nifty is at 2500 or 5000 or 50000.../market is dull or volatile.../bullish or bearish...u'll make money...
there are 200 jobbers i personally know who made fortunes in crores with initial investment of paltry 50000rs...can u believe it???
all the best....
I pick stocks which values are less than Rs. 300/- (mostly Rs. 200/-). I guess, in these I can get out very easily than higher price stocks. I just got this in mind. There is no research or something behind in picking these stocks. And I pick stocks which are more liquid i.e most traded stocks. And I don't trade which are less than 70 rupees. I don't know whether my pick is right or not. If not, you can suggest how to pick and what to consider while picking stocks to trade especially for jobbing. And please justify why?
Thank you so much for your post. Anu was single-handedly facing the bullets from me.
Can you please share your experience in jobbing? (I guess you are/were into jobbing)
I was expecting a lot of jobbers/scalpers would be here to comment, but it doesn't seems to be... Still hoping for more comment from you guys.