1. This website uses cookies to improve service and provide a tailored user experience. By using this site, you agree to this use. See our Cookie Policy.
    Dismiss Notice

My Journey To Trading In Indian Stock Market

Discussion in 'My Journey Discussions' started by europemaverick, Sep 23, 2019.

  1. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    all proof is uploaded in screenshots including balance :)

    I stick with BTST trades or short term positional. When purchase price is low then I wait but don't book loss.

    Thanks

    Yeah I know the market is so unstable. Only if I had been trading since 2014.

    Hehe. I didn't take that trade. I bought IOLCP at low and sold after it recovered from day's low. Stocks in news always sound like gamble to me.
     
    • Thanks Thanks x 1
  2. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    Update 3 October 2019

    Booked Rs. 1000 ($15) profit in one company and averaged another which was down by 3.5%+. Let's see if I get more tomm. I am trying positional margin trading in another account where I have made close to $50 past week on capital of Rs. 50K ($700). So I will be taking that seriously as I can make more there within next 3 months.

    Next week is going to be interesting as many companies will be posting results.

    3 october 2019 buy-sell.png

    3 october 2019.png
     
  3. thomaste

    thomaste Junior Member

    Joined:
    Mar 31, 2017
    Messages:
    104
    Likes Received:
    15
    Just curious: Don't the fees you pay for trading eat up the profits?

    Best of luck :)
     
  4. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    Nah. How will I make profit then :)

    Fees is almost 0.01% plus some tax which is about Rs. 100 ($1.5) per order of Rs. 100,000 ($1500). So a buy-sell of $1500 is like $3 in fees. So I get $12 in profit when I make $15 gross.

    As long as I keep making 1% profit in every trade it is more than worth it.

    Thanks for wishes.
     
  5. Fenix19

    Fenix19 Jr. VIP Jr. VIP

    Joined:
    Dec 2, 2015
    Messages:
    589
    Likes Received:
    630
    Good luck, hope you achieve your goals :)
     
    • Thanks Thanks x 1
  6. redarrow

    redarrow Elite Member

    Joined:
    Apr 1, 2013
    Messages:
    11,221
    Likes Received:
    3,321
    well done m8 with all my hart.
    the Indian community seem to be lauth at and I support everybody and congratulate anyone that tries.

    I hope you make a lot of money and enjoy life with your family .

    God bless

    redarrow, UK
     
    • Thanks Thanks x 1
  7. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    Update 7 October :

    Booked Rs.1500 ($20) profit and invested in another company. The company will be posting results on 10th of this month. Hoping for a good rally post result but won't hold for that long.

    Few other companies have corrected a lot and are a good buy. If I get good return from current company I will buy them. This month and next will be quarterly results.

    7 october 2019 buy-sell.png

    7 october 2019.png
     
    • Thanks Thanks x 1
  8. share4win

    share4win Jr. VIP Jr. VIP

    Joined:
    Jan 2, 2014
    Messages:
    951
    Likes Received:
    271
    Location:
    In Earth near by you...
    Good luck for your journey...Trading is an art and you could make enormous amount if you've discipline. Started with Rs.5,000 by Sep 16, 2019 and currently at Rs.9,500+ in couple of weeks (90% Profit after all taxes). Using MT4 Chart and own strategies...Only intraday and no holdings :)

    upload_2019-10-7_17-12-35.png
     
    • Thanks Thanks x 1
  9. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    That is awesome. I am little scared of intraday because I have read stories about people making too many loses. And I still haven't found a good day trading strategy. I am reading about it though.

    Regards,
     
  10. James1080p

    James1080p Newbie

    Joined:
    Aug 26, 2019
    Messages:
    37
    Likes Received:
    13
    Gender:
    Male
    Location:
    Sydney
    Got any chart photos? Interesting.
     
    • Thanks Thanks x 1
  11. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    nope. will upload some later maybe.
     
  12. jhn2001

    jhn2001 Regular Member

    Joined:
    Jan 29, 2009
    Messages:
    386
    Likes Received:
    65
    Gender:
    Male
    Location:
    vizag
    Bhai .I remember purchasing suzlon shares and later it went down the drain
     
    • Thanks Thanks x 1
  13. share4win

    share4win Jr. VIP Jr. VIP

    Joined:
    Jan 2, 2014
    Messages:
    951
    Likes Received:
    271
    Location:
    In Earth near by you...
    It's true indeed...To test the waters, I have started with only 5k INR and I was ready to loss the whole amount if it turns negative..since I found the right path, it's time to increase the trading amount and needs to play with only this amount for one more month.
     
    • Thanks Thanks x 1
  14. europemaverick

    europemaverick Junior Member

    Joined:
    Mar 1, 2018
    Messages:
    127
    Likes Received:
    51
    Gender:
    Male
    I don't hold for that long and buy companies like TCS, Infy, HCLTech etc.
     
  15. fabi113

    fabi113 Junior Member

    Joined:
    Nov 28, 2017
    Messages:
    100
    Likes Received:
    15
    Gender:
    Male
    Location:
    Germany
    Good Luck keep it up. Stock is nothing for me, i would check it all day long.
     
    • Thanks Thanks x 1
  16. Santosh_San

    Santosh_San Junior Member

    Joined:
    Apr 27, 2017
    Messages:
    184
    Likes Received:
    79
    Gender:
    Male
    Interesting thread. Wish you good luck bhai
     
    • Thanks Thanks x 1
  17. James1080p

    James1080p Newbie

    Joined:
    Aug 26, 2019
    Messages:
    37
    Likes Received:
    13
    Gender:
    Male
    Location:
    Sydney
    Sweet. How are you taking most of your trades? Technical Analysis or news events etc.?
     
  18. ManuWork

    ManuWork Registered Member

    Joined:
    Jul 26, 2019
    Messages:
    69
    Likes Received:
    50
    Gender:
    Male
    Which platform you're using? Any specific methods? techniques?

    I'm from India as well, and have tried my hand with trading/short-term investing some years back. Although, I did make some profit using candlesticks but overall it was too stressful for me, and I really didn't know what I was doing (I was 17).

    Would like to get into it again, can you recommend me some way I can learn, any courses, books, you recommend?
     
  19. jhn2001

    jhn2001 Regular Member

    Joined:
    Jan 29, 2009
    Messages:
    386
    Likes Received:
    65
    Gender:
    Male
    Location:
    vizag
    Are u day trading ?
     
  20. jhn2001

    jhn2001 Regular Member

    Joined:
    Jan 29, 2009
    Messages:
    386
    Likes Received:
    65
    Gender:
    Male
    Location:
    vizag
    are u using Zerodha or any other ?? ill signup under u .. i am starting this too