Hey hellmet, that was easy. But subaji, we are damn serious, though i have got through all these terms, opened an demat account and very foolish I even subscribed for an sms tip which i don't even understand and lost money.
For example take this tip of today:
"Sell Tata Tele (M) with stop loss above Rs 28.15 for a target of Rs 26. This is a day-trading recommendation."
what does that really mean. I can't do day trading even after reading some literature on it. I just now invest in long term. Some times I do day trading without understanding anything. I just buy a stock I think will go up in morning and sell it in afternoon or before closing time to book profit but only at market price. I don't understand this stop loss concept of buying / selling. First I had an ICICI account and now i have a sharekhan but this people are unable to help me to day trade. I came here to find advice on this.
It has been only few days since I joined this. I am rather going through all previous post to find anything that will explain this. I can't find a proper way to ask whom and in which post this simple query (for all those senior of forum). For me its a big question
PW