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Lesson Posted on 22 Nov Financial Planning/Stock Market Trading

What's the biggest mistake people make when getting started in the stock market?

Pulak Priyesh

I have excellent teaching experience. Trading from last 7 years and a professional day trader. Achieved...

DON'T DO MISTAKE - INSTEAD OF BUYING STOCK BUY STAKE People make lots of mistake when they start their trading journey. Like , Lack of knowledge - leads to disaster ( Instead of learning about Stock market, trading, investments, strategies they focus mainly on making money) Wrong Approach -... read more

DON'T DO MISTAKE - INSTEAD OF BUYING STOCK BUY STAKE

People make lots of mistake when they start their trading journey.

Like ,

  1. Lack of knowledge - leads to disaster ( Instead of learning about Stock market, trading, investments, strategies they focus mainly on making money)
  2. Wrong Approach - ( Considering Stock market as a place where they can gamble their money and can become rich overnight, they always be in a hurry )
  3. Mental ability - ( Revenge trading after making losses leads them in a huge debts and it completely ruins their life and career )
  4. Overconfidence - ( This completely disturbs the risk appetite and they don’t have proper risk management too)

There are many as such points a trader and investor make in the start, but instead of counting those it’s better i can suggest the

Right approach to the stock market for a trader

  1. Learn about Stock market trading, read books, watch videos, join mentorship programs and stock market trader courses.
  2. Plan your trade, Make your own strategy based on your capital, risk taking ability, and proper risk reward management.
  3. Don’t let the losses mount, have a proper stop loss and implement it always.
  4. Never average your losing positions i mean trades.
  5. Do not take the excessive margins.
  6. Don’t trade too much - keep yourself out of over trading.
  7. Follow your strategy and set of rules don’t get influenced by others.
  8. Do your own homework about trading or investment.

Trading is a rewarding career, the feeling of working on your own time, writing your own pay cheques and enjoying the royalty of such kind never comes so easy. It involves hard work, smart work, many sleepless nights.Respect your time and improve every single day.

Thanks !!

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Lesson Posted on 12 Nov Financial Planning/Stock Market Investment/Fundamental Analysis

Basic fundamental accounts

Browning B Boniface

Achievement-driven professional, targeting assignments in Teaching & Administration/ Accounts & Finance...

Rules for Debit and Credit: Increases in assets - Debit Decreases in assets - Credit Increases in liabilities & Capital - Credit Decreases... read more

Rules for Debit and Credit:

 

              Increases in assets                              -          Debit

              Decreases in assets                            -           Credit

              Increases in liabilities & Capital        -              Credit

              Decreases in liabilities & Capital       -              Debit

              All Expenses                                      -           Debit

              All Incomes                                       -           Credit

 

                                    Summary of basic double entry transactions

 

Transaction

A/C to be debited

A/C to be credited

1

Introduce capital

Bank/Cash/Asset

Capital

2

Buy asset

Asset

Bank/Cash/Asset Creditors

3

Sell Asset

Bank/Cash/Asset Debtor

Asset

4

Borrow Money

Bank/Cash

Loan

5

Repay Loan

Loan

Bank/Cash

6

Owner’s Drawings

Drawings

Bank/Cash/Purchases

7

Receive Income

Bank/Cash

Individual income

8

Pay Expenses

Individual expense

Bank/Cash

9

Withdraw money for office use

Cash

Bank

10

Pay cash into bank

Bank

Cash

11

Buy stock for resale

Purchases

Bank/Cash/ Creditor

12

Return stock to supplier

Bank/Cash/Creditor

Purchases Returns

13

Sell business stock

Bank/Cash/Debtor

Sales

14

Stock returned by customer

Sales Returns

Bank/Cash/Debtor

15

Payment to creditor

Creditor

Bank/Cash

16

Receipt from debtor

Bank/Cash

Debtor

17

Carriage on purchases

Carriage Inwards

Bank/Cash/Creditor

18

Carriage on sales

Carriage Outwards

Bank/Cash

19

Discount to customers

Discount Allowed

Debtor

20

Discount from supplier

Creditor

Discount Received

21

Write off bad debt

Bad debts

Debtor

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Lesson Posted on 11 Sep Financial Planning/Stock Market Investment Financial Planning/Stock Market Trading

WHO SHOULD INVEST?

Vallimanalan A.

I 10 years as an academician. Global and Indian Stock analyst.

Stock markets are for the rich who can throw their money at anything and wait for a more significant fortune. It is the biggest myth I have ever heard and also the most common one among retail investors. In hindsight, This is the only place where millionaires are made from nowhere. This book is not only... read more

Stock markets are for the rich who can throw their money at anything and wait for a more significant fortune. It is the biggest myth I have ever heard and also the most common one among retail investors. In hindsight, This is the only place where millionaires are made from nowhere. This book is not only about how I made my first million being a part-time trader/investor but also why everyone should trade and invest in stocks. Reading it can have a positive impact on your life, especially your finances and future goals. It is not about inspiring you from my story but about the reality which all of us should realise soon. It is to tell you that it is not complicated to trade/invest, no matter what your profession is. Few simple tools and discipline can help your money grow on its own. Investing in the stock market is like farming. Sow the seed, nurture it with care and reap the reward. There are many financial instruments into which one can invest. Most preferred one is ‘fixed deposit’, and there is a simple reason for that; people understand the calculations of fixed deposit easily. They know what the profit after one year would be. It gives them clarity of thought and peace of mind. A similar approach to other investments can be achieved. Clarity in thinking comes with knowledge, that does not mean you have to take up a course in wealth management for years. Just learn a
few simple tools and follow specific rules, that is it. Within equity and mutual funds, there are many instruments where you can hedge your investment. Hedging gives you peace of mind. The returns can be exponentially high.

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Lesson Posted on 12 Sep Financial Planning/Stock Market Trading Financial Planning/Stock Market Investment Financial Planning/Stock Market Investment/Technical Analysis +2 Financial Planning/Stock Market Investment/Fundamental Analysis Financial Planning/Stock Market Trading/Derivatives Trading less

Why Stock Market?

Vallimanalan A.

I 10 years as an academician. Global and Indian Stock analyst.

“Stock market is like gambling; too risky and unnecessary for middle-class people like us” - this is what I was made to understand till 1st June 2009. Sitting at a cash counter of ICICI Bank Limited (Mill Road branch, Coimbatore) I lost a whopping Rs. 90000/-. Not in equity, commodity, F&O... read more

“Stock market is like gambling; too risky and unnecessary for middle-class people like us” - this is what I was made to understand till 1st June 2009. Sitting at a cash counter of ICICI Bank Limited (Mill Road branch, Coimbatore) I lost a whopping Rs. 90000/-. Not in equity, commodity, F&O or any other stock market instrument but “HOT PHYSICAL CASH”. That was my first day at a cash counter as an employee of the bank. Starting at 9 am, I had handled around 300 customers for the day. End of the day my tally sheet was showing -90000. I thought something was wrong with the excel sheet. I tried correcting it, but then there was nothing to fix. I called in my senior to look at it, and his grim look said it all. I had lost Rs.90000/- in a single day (without investment). I had probably given away Rs.100000/- against a cheque of Rs.10000/-. That was too much to digest considering my salary itself at that time was Rs.84000/- per annum.

In the next few moments, all my colleagues gathered at the counter, each of them trying to find what happened. I was a bit cool, yup; the branch was under CCTV surveillance. After all the hue and cry, everyone agreed to watch the show on CCTV. Around 9.30 PM, with me taking center stage, everyone was waiting for a thriller. That’s when reality struck me hard. Shocking end to the thriller came when the movie ended even before it started. The whole branch was under the camera except the one counter where I was sitting. I had no other option than to pay it from myself and my pocket wasn’t that deep. Coming to terms with the situation was difficult. With Rs.90000/- missing, I was the prime suspect. I was questioned, bullied and was asked not to leave the branch premises until I pay for it. Around 2 am on 2nd June, and my father bailed me out. Till that date, I thought I have a career with India’s leading bank which will take care of me and reward me for the service I render. For obvious reasons, I could not sleep for days to come. It was not about Rs.90000/- but the whole idea of studies, job, salary and career. Everything looked fake to me. The bank premises felt like jail. Few thoughts kept lingering;

I was not into horse trading but was still under substantial loss.

I was not stealing but was still the prime suspect.

I was not arrested but was still waiting to be bailed out.

My colleagues did sympathise, yet it was painful. I became an example of a poor first-day show. It was so depressing to be at the receiving end of sympathy. Life taught me hard lessons. I realised anything is possible, and success is not guaranteed in any aspect of life. I understood that risk is a part of living and no job or career in this world is permanent.

I realised that it was the time I should develop a skill which will make me independent. I badly wanted an extra income and was ready to do anything for that. The fear of losing kept chasing me. There was no option to earn without risk. Every business needed investment upfront and many have lost their investment even in the most lucrative industry. I visited a few local shops in Coimbatore, looking for some business opportunity. The working hours of the bank did not allow me to do anything outside of it. I had to start something where I depend on myself alone. The only possible solution was the Stock Market. During the initial days of learning I asked a veteran investor:

Is it a cakewalk to earn by trading/investing in the stock market?

He said “No.”

Does one always make a profit??

Again “No”

He shot back with the same questions:

Do cake walk business models exist? Do businesses always run in profit?

Well, No!

I understood that it is all about managing risk. Instead of trying to avoid risk, learn to handle it. Risk never comes with a warning, and it is better to be prepared.

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Answered on 27 Sep Tuition/BCom Tuition/Company Law Financial Planning/Taxation Tuition/BCom Tuition/Banking Law and Operation

Shivam Basson

Tutor

You can contact gago bhaiya Saharapur
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Lesson Posted on 09 Aug Exam Coaching/CA Coaching Exam Coaching/CA Coaching/CA Final Exam Coaching/CA Coaching/CPT +9 Exam Coaching/CA Coaching/Crash Course Exam Coaching/CA Coaching/IPCC Group 1 Exam Coaching/CA Coaching/IPCC Group 2 Tuition/BCom Tuition Financial Planning/Taxation Exam Coaching/Company Secratary (CS) Coaching Exam Coaching/ICWA Coaching CBSE/Class 11 CBSE/Class 12 less

Margin of Safety?

Ca Prashanth Reddy

I enjoy teaching and interacting with students. Teaching is my passion, profession and hobby. Every student...

What is the Margin of Safety? Suppose a class 11th student need 33 marks to pass a paper. If a student gets exactly 33 marks, then he will be a pass. These 33 marks are called Break-Even-Point Marks. If a student get marks above 33, then such excess marks shall be safety marks for him hence shall... read more

What is the Margin of Safety?

Suppose a class 11th student need 33 marks to pass a paper.

If a student gets exactly 33 marks, then he will be a pass. These 33 marks are called Break-Even-Point Marks.

 

If a student get marks above 33, then such excess marks shall be safety marks for him hence shall be called Margin of Safety Marks (i.e. bonus marks in layman language)

 

Similarly, Margin of Safety means Sales above Break-Even Point Sales. Profit is ZERO at BEP Sales. The company makes a profit only when the margin of safety sales occurs.

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Answered on 29 Apr Financial Planning/Stock Market Trading

Prabhu

Trainer

Yes, Absolutely U need to Learn Fundamentals Strucures and Technical Indicatiors which one is giving mid term or Long term Returns. Am ready to teach all the fundamental and Technical Secrets for Investment of Stocks or Day trading Strategies,. Visit our web for more details / call us : 82705 15088... read more

Yes, Absolutely U need to Learn Fundamentals Strucures and Technical Indicatiors which one is giving mid term or Long term Returns. Am ready to teach all the fundamental and Technical Secrets for Investment of Stocks or Day trading Strategies,.

Visit our web for more details / call us : 82705 15088   | www.onlinetechnicalanalysis.com

 

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Answered on 26/10/2017 Financial Planning/Stock Market Investment Financial Planning/Stock Market Trading

Sridhar's institute of stock market

yes..for that u need to understand technical and fundamental analysis in stock markets...u need to get trained aggressively for this ...without having any knowledge on stock market and investing in it will be like driving a car at 100km/hr blindly..do understand about it and invest wisely...pls contact... read more
yes..for that u need to understand technical and fundamental analysis in stock markets...u need to get trained aggressively for this ...without having any knowledge on stock market and investing in it will be like driving a car at 100km/hr blindly..do understand about it and invest wisely...pls contact me for any further details read less
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Answered on 16/08/2017 Financial Planning/Stock Market Investment

SUJOY BISWAS

Trainer

1. Avoid the herd mentality,2. Take informed decision,3. Invest in business you understand,4. Don't try to time the market,5. Follow a disciplined investment approach
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Answered on 25/06/2017 Financial Planning/Stock Market Investment SAP HR Training Language/Foreign Language/German Language +1 IT Courses/Tally Software less

Prashanth K

Technical Trainer

Marketing with SAP is the best
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