New to the market

camilson · 1 New to the market Sat May 12, 2012 8:45 am

camilson

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Hi people.

I am new to this, I am planning on moving into day trading. Is it advisable to start now. Is it a good time, Please provide me with your expert advise.

Thanx

stumpy · 2 Re: New to the market Sat May 12, 2012 9:17 am

stumpy

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Machan,

You should learn to walk before start running!

First invest in CSE, then be an active investor!
Then be a position trader > Swing Trader > Day Trader!

If not u'll end up with diggin ur own grave!
You'll loose ur capital even before the start!

1st learn how to be a great trader, then start the cycle!
You can be a professional day trader if you believe in urself!

Cheers!
Stumpy

manula · 3 Re: New to the market Sat May 12, 2012 9:41 am

manula

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stumpy wrote:Machan,

You should learn to walk before start running!

First invest in CSE, then be an active investor!
Then be a position trader > Swing Trader > Day Trader!

If not u'll end up with diggin ur own grave!
You'll loose ur capital even before the start!

1st learn how to be a great trader, then start the cycle!
You can be a professional day trader if you believe in urself!

Cheers!

Stumpy

\

Yes..stump good advice... first learn the basic of the stock market.. how it move..price changes ...before saying i want to be a day trader from begaining.. even these days

amilaela · 4 Re: New to the market Sat May 12, 2012 10:01 am

amilaela

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apoo ban CSE nam salli danna epa FD ekaka salli tika dala tiyapan..

Champ is Back · 5 Re: New to the market Sat May 12, 2012 11:13 am

Champ is Back

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stumpy wrote:Machan,

You should learn to walk before start running!

First invest in CSE, then be an active investor!
Then be a position trader > Swing Trader > Day Trader!

If not u'll end up with diggin ur own grave!
You'll loose ur capital even before the start!

1st learn how to be a great trader, then start the cycle!
You can be a professional day trader if you believe in urself!

Cheers!

Absolutely 100% agree with u sir...
Stumpy

camilson · 6 Re: New to the market Sat May 12, 2012 12:13 pm

camilson

Stock Trader

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stumpy wrote:Machan,

You should learn to walk before start running!

First invest in CSE, then be an active investor!
Then be a position trader > Swing Trader > Day Trader!

If not u'll end up with diggin ur own grave!
You'll loose ur capital even before the start!

1st learn how to be a great trader, then start the cycle!
You can be a professional day trader if you believe in urself!

Cheers!
Stumpy

Thanks for the advise.

I mean i only knew the word day trader thats why i mentioned it.. What do u mean by position trader.. as i told before am totaly new.. what do u advise i buy first..

Thanx again for all you advise..

K.Haputantri · 7 Re: New to the market Sat May 12, 2012 12:19 pm

K.Haputantri

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Visit www.cse.lk & be familier with the stock trading.

rohanc · 8 Re: New to the market Sat May 12, 2012 12:38 pm

rohanc

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Hi Champ,
if you need to invest in CSE you should have to study before investing. I have to give you some advises but i have no idea are these valuable or not for you.

But these details will be very useful for your bright future.

Can you pls check nearly 5-6 companies firstly. Then pls check are those good or bad companies. pls go to CSE web site & select the company name & find their past records. (Divident / EPS.. ETC...)

I think the better thing is select lowest price shares at this movement.
below some of them.

LOFC - 3.3 rupees a share
CIFL - 3.8 rupees a share
BLUE - 4 rupees a share
CTBL - 4.4 rupees a share
ECL - 4.5 rupees a share

dont go to purchase a big qty firstly. I think 1000 shares is enough for the studying. Once you buy them pls keep a record daily for share prices of your companies. When your share price increased, sell them to earn some money. when your share price let down pls try to buy some shares from that company to reduce your loss. This is for basic studying only. Also you have to consider a lot of details (Dividents / Rights issues , ETC...). But when you are going to sell your shares make sure to consider broker charges & levys. Then you can collect informations from this forum. pls use this forum if you are going to invest is CSE.

Try to build a good Portfolio with a lot of companies. Then you can sell daily goods shares for a good profit & when share prices let down youe portfolio will build up. pls start slowly then you can run fastly. Good luck.

gospelkrayz · 9 Re: New to the market Sat May 12, 2012 1:12 pm

gospelkrayz

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I agree with the other comments.. day trading is risky... first study the market movements and do position trading. dont invest in the cse without knowledge, otherwise once u loose ur money you will start cursing and spreading negativity about the market everywhere.

Rizmi · 10 Re: New to the market Sat May 12, 2012 2:09 pm

Rizmi

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Hi, check the Research Section for

Capital Trust - Key Performance Indicators & Best Buys - 04/05/2012
by sriranga

This will be helpful to study the market
All the best Smile