question -->as i am new to market, to which parameters should i focus initially?

Answer to this Question By Community
Posted by Admin Posted on: 03-Apr-2015	Here are some basic tips 1. Start with blue chip stocks. 2. Understand that with little knowledge you can incur loss. Blue chip stocks are swing less than large caps. 3. Have a realistic expectations. A return of 20-25% is good enough. Nobody can double your money in weeks or months. If anybody can then they will do it for themselves with Interest rates in market is just 10% why would somebody give tips to others. 4. Self study is the best. Knowledge gained is permanent for you and will surely make you a better trader over a period of time. Start with mock trading and choose some highly reliable indicators like RSI, Moving average or MACD, candlestick. Once you gain some success then and then only start investing/trading. 5. You will surely come across people saying 90% accuracy, or all target met but such predictions are difficult to sustain. A hit ratio of 60% plus with tight stop loss can do wonders for you. 6. Have a definite plan. If you start a position for short term then stick to short term, don't change plan unless you have compelling reasons. 7. Enter in F&O only if have made good success with basics. 8. Like any other stream Expertise in stock trading comes with time. Nobody can become experts in weeks or months. 9 Diversify your position. Means do not place all your money in one industry. It reduces your risk. 10. Never think think that you are smarter than market. Market can throw surprise any time. 11. Invest only small portion of you capital initially. There are many more points but key is to decide yourself because nobody cares about your money more than you do. All the best Thanks Site Admin