Hello friends,
It is my Second thread, I am a Newbie, Just started Trading last month. As the name suggest, I am making this thread to post that what I learned till now. And hope all seniors will support and help me here with there experience.
About me: I am at 23rd year of my life, Single on a government service. I started trading to just know what it is? The ups and downs always thrilled me. And for money also( not a huge but...) As now I am a bit stable on my job, so decided to enter in the market. I opened Trading account with ICICI Direct. Then Ventura Securities within one month, Trading only intraday till now. Lets do not talk about Broker.
Here I end my intro, and will say about my mistakes and learning, in hope that all time great seniors of TraderJI will give me support as they always ready to help newbies like me.
At first I made 2-3 trade randomly, I even didn't know how to place order, Stoploss, etc. And I lost about 4,000 Rs.
Made some more trade based on recommendation, and lost about 1000 more.
Till this point now I only get to know how to place order rightly, About Stoploss and margin, Leverage etc.
After watching market for 6-7 days and learning a bit about candelstics I got a gain of about 1500 continuous for 3 days. With my capital 10,000 k & high leverage. But today again in loss of about 4500.
So till now I learned and making them my rule:
1. Do not need to enter early in the market.( Today's Mistake)
2. Look for recommondation, but make your research also, don't make a hurry to buy a stock, you will get time again.( Today's Mistake)
3. Learned a little about candelstick charts. Its a must have thing.
Learning Continuous...............
Seniors plz suggest me that how to decide a stoploss? How much it should be? As today I bought sesagoa at 204 & 202, made stoploss at 198 was that ok?
It is my Second thread, I am a Newbie, Just started Trading last month. As the name suggest, I am making this thread to post that what I learned till now. And hope all seniors will support and help me here with there experience.
About me: I am at 23rd year of my life, Single on a government service. I started trading to just know what it is? The ups and downs always thrilled me. And for money also( not a huge but...) As now I am a bit stable on my job, so decided to enter in the market. I opened Trading account with ICICI Direct. Then Ventura Securities within one month, Trading only intraday till now. Lets do not talk about Broker.
Here I end my intro, and will say about my mistakes and learning, in hope that all time great seniors of TraderJI will give me support as they always ready to help newbies like me.
At first I made 2-3 trade randomly, I even didn't know how to place order, Stoploss, etc. And I lost about 4,000 Rs.
Made some more trade based on recommendation, and lost about 1000 more.
Till this point now I only get to know how to place order rightly, About Stoploss and margin, Leverage etc.
After watching market for 6-7 days and learning a bit about candelstics I got a gain of about 1500 continuous for 3 days. With my capital 10,000 k & high leverage. But today again in loss of about 4500.
So till now I learned and making them my rule:
1. Do not need to enter early in the market.( Today's Mistake)
2. Look for recommondation, but make your research also, don't make a hurry to buy a stock, you will get time again.( Today's Mistake)
3. Learned a little about candelstick charts. Its a must have thing.
Learning Continuous...............
Seniors plz suggest me that how to decide a stoploss? How much it should be? As today I bought sesagoa at 204 & 202, made stoploss at 198 was that ok?