what are investment stratehgy in trading through BSE?
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01-30-2013, 11:40 PM
Post: #2
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This is a very broad category question, but something that every one asks when they are new to investing. I would try to summarize some points for you, hope it helps
1) Invest with money which is surplus funds for you. Make sure you pay off your dues, your credit card bills, have minimum debt. Once you get these essential things taken care, you have discretionary income which you can either blow away or invest. 2) Invest in companies you know about, never run behind a company without understanding what exactly they do. 3) Know your risk appetite. Getting in to a trade always know the exit point, both on upside and downside. It is called as Stop Loss. Always trade with strict stop loss limits. 4) Don't believe in BUY and HOLD, but BUY and HOMEWORK strategy. Read up on moneycontrol, livemint or any other site about the stocks you own. 5) Have a small but diversified portfolio. Look for companies with lower debt and more cash on hand. You can get access to all Balance SHeet and other related info on a company by visiting marketinfo.livemint.com IF you believe in wisdom of crowds, and are looking for a social community like facebook, but for stocks, investing, discussions, then I suggest you look at http://stockezy.com It has some really cool features and also a portfolio application where you can try sample trades. Plus the community has good members, blogs, news articles and stock recommendations posted by retail investors just like you and me. Cheers! Hope my comments help you. Ads |
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Messages In This Thread |
what are investment stratehgy in trading through BSE? - viv - 01-30-2013, 11:32 PM
[] - tushar - 01-30-2013 11:40 PM
[] - Pankaj Fox - 01-30-2013, 11:40 PM
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