04.03.09 Stock Market Discussion
By skyblue
@skyblue (1299)
India
March 3, 2009 10:25pm CST
Hi..
Here any one can discuss about stock market.You can post your views and your tips about stock market.
1.buy ndtv target 84
2.buy reliance capital at 315 target 320 stoploss 310
4 responses
@loverboy1boy (186)
• India
5 Mar 09
I also interested in share market but I don't track both of this stock.
I like to told you one thing why you want to buy something when we know it will gonna fall today or tomorrow then just short sell them and make profit.
@cest_moi (206)
• Canada
13 Mar 09
Short sellers are number one killers of the stock markets because they predict that the stock will fall, their shorting activities start. Quite often, when a company announces a bad news ie. bad earnings report, a warning etc. Short sellers are there first to take their chances. Quite a few times, they are wrong and they are the ones who got hurt the most.
I am an equity trader so when I trade, I trade with cash-on-hands so it is okay if I lose a bit and gain a bit but if I play long, I always gain.
Good luck to all making money in the stock markets, it's a funning game.
Cest_moi
@stephcjh (38473)
• United States
4 Mar 09
I do not know much about the stock market at all. It is very interesting to me though. I wish I understood more about it. I know it has been in alot of turmoil lately and that is scary.
@skyblue (1299)
• India
4 Mar 09
Its a equity market.Suppose you buy a share from any company like ABC LTD. at $30.And after some days if the price goes above like $50.So your profit will be ($50-$30=$20).But if the price goes down, then you can make loss. If the price goes down , then you have to wait for better result.
@cest_moi (206)
• Canada
13 Mar 09
Well, stock market is a good place to make quick money when the time is right and the stocks are at the up momentum but with the economic downturn these days, not too many people can make money with it.
What I usually do is if you already bought high, if the stock you purchased went down, a couple of things you can do is, 1. Sell it at loss and look to invest in other stock which has similar value and might be on the rise soon; 2. Hold on to it until it pops; 3. If it goes down more than 75% of the value that you previous bought at, be prepared to buy more, this will reverse your loss when it goes up to half or more of your previous purchase or you can be in a profit position if it goes back to the same price of your previous purchase.
That's what I do for most of North American stock markets and should be the same theory for other markets.
Cest_moi
