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December 15, 2009

What About Doing Online Share Trading?

Hi all. I’m planning to go for online trading. I don’t have much to spend now. Can i start it with 5000. will I get anything from it. Do I have to take any precautions?

Online trading /  5 Comments Tags: , , , , ,

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  • LRR ₪ 07:43 Dec 15, 2009 ✉

    yes u can start with 5k.
    i think with 5 k u can earn at least some 500 /day
    enjoy happy trading

  • Matthew M ₪ 14:19 Dec 15, 2009 ✉

    Yep definitely start out practice trading, with 5000 you can make some decent profits but you need to educate yourself first. Learn some strategies and make sure you know about stop losses. A link to some practice accounts is below.

  • nish4u ₪ 20:55 Dec 15, 2009 ✉

    no knowledge required… if you have its better… just have a proficient system with good speed and have a good portal for trading like india infoline or icici or sharekhan where your transactions do not get struck. also if you are interested in intra day then you need to have a ticker displaying website where you can see current rates as most websites like rediff/money control.com show rates after 4-5 minutes. 5000 is a good amount. in icici and reliance money you would get 10 times the money you have for trading in intra day but it all closes by 2:30 although the market is open till 3:30.
    and most importantly do trading only if you are free in this time period 10-3:30 on mon to fri.

  • akash M ₪ 22:19 Dec 15, 2009 ✉

    stay away from it, and you cant do much with 5000 and even if you do, you will lose that in a minute in online trading, stay away from it

  • rockers ₪ 04:20 Dec 16, 2009 ✉

    just be calm even if the market goes down dont panic sell the shares i think you can start by buying the shares of ITC Ltd. when it comes around 170-175

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