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Stocks   Anamika   06/17/2018 07:58 AM  

Can some of you Gurus advise me on stocks, I have started trading with some success but I do not know anything, its just that I think I am getting lucky. I read about technical analysis and it sounds fascinating but not sure where to start, can you please suggest me where I can educate myself on stocks.

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Re: Stocks   RK   06/17/2018 08:49 AM  

Buy low, sell high.

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Re: Re: Stocks   Anamika   06/17/2018 08:53 AM  

Thanks RK, do you use any analysis to see when to pull the trigger, as they say, "Never catch a falling knife" ,any tools or website that you use, I recently bought Roku and did pretty well

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Re: Re: Re: Stocks   RK   06/17/2018 09:48 AM  

If it were easy, everyone would be rich. It isn't. Most "gurus" cannot beat the market averages. One key is to limit your losses. Sell quickly if stock starts to head downward and let the winners ride upward. Avoid the big losses. The little ones won't kill you.

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Re: Stocks   AA   06/17/2018 11:07 AM  

It is a tough question but the point is, start investing with an amount you can afford. This will help you to focus and learn about it. Once you are comfortable, you can increase the capital.

Learn Fundamental and Technical analysis. This helps a lot to take reasonable decision.
Good luck


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Re: Re: Stocks   Anamika   06/17/2018 01:46 PM  

Thanks to all of you, AA, can you please give me some tips on technical analysis.

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Re: Re: Re: Stocks   others   06/17/2018 04:09 PM  

Yahoo finance or Google, you have to your own research and risk, yes posting here is a research but be careful as you can't trust others

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Re: Stocks   A   06/18/2018 12:18 AM  

Are u trading on NASDAQ or NSE?
Means US stocks or Indian stocks? I trade in Indian market for the last many years.

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Re: Stocks   trade    06/18/2018 09:47 AM  

Learn to use stop loss; it will save you from big losses.

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Re: Re: Stocks   investor   06/19/2018 09:42 AM  

The first question to ask yourself is 'what is the purpose for investing'? Many people start investing without knowing what it is they want.
First I make sure I have enough saved for an emergency - say 6-9 months of cash in save CD funds.
Next I invest for retirement and kids education - this is long term so I do not do day trading but invest in balanced/diversified portfolio consisting of low cost index mutual funds and some individual stocks. This is automatically invested every month using deductions from my pay check. You have to let the money grow and compound. Read about compounding. Time is your biggest ally and the earlier you start saving the more time your money has to grow. Many people do not know or realize this and go for short term satisfaction.
If you have short term to medium term goals like vacation, car, house - you should save for that.
Only when you have above things covered and saving//investing regularly should you start investing in stocks using whatever left over money as investing in stocks is a risky business and you should be ready to take a hit at any time.

All the best.


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