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Want to Start Share Trading.. Need Suggestions

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Bohra

Hi all,

i was looking online for options which are good for new investors, could someone who is trading currently advise on which service to use

i checked people use icici, sbi etc not sure how to proceed.. i have no demat or trading account

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Deal Cadet Deal Cadet
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I am trading since 1 year
Tell Me Few Of Your details and i will suggest u further
You are from which city?
What type of Investments are you looking for?

Pm me if u can

Deal Cadet Deal Cadet
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Deal Captain Deal Captain
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ffriends any kind of investment in which we just have to give our money to someone else(bank; trader;agency etc.) without any risk(i mean no scam ; risk of price drop(like in shares ;gold etc))

the amount that needs to be invested should also be low

and after some time they will give us good returns

i mean options other than fd; gold ;silver ;property etc…

i am student and have no clue about such stuff; please advice

Deal Newbie Deal Newbie
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i’m also interested in it let me know how to create a account without intermediates or brokers ..

Deal Cadet Deal Cadet
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even me…i want to start that

Deal Cadet Deal Cadet
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hi as a professional i can help all of them looking to trade in stock markets by either providing trading n d mat acnt or trading advice…..!!! since self promotion is not allowed i will only assist those who voluntarily pm me about ther query. n i dont expect anything in return.

mods can delete if its objectionable.

Deal Cadet Deal Cadet
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good to see dimers helping https://cdn0.desidime.com/smileys/J5EiZ.gif

kg durges sandy

Deal Cadet Deal Cadet
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I know about a very good broker and they have a offer going on ..so if u register in December then u will get free trading for 30 Days.
PM me if need more details

Deal Subedar Deal Subedar
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since we all can not keep asking 1 person
I request professionals like sandy to come up for helping newbies in trading
pls create a separate thread if possible on how to open demat which companies offers best services etc

Helpful Helpful
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durgeshg7620
Deal Cadet

https://cdn0.desidime.com/smileys/ogwRV.gif

Helpful Helpful
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hsagent wrote:

since we all can not keep asking 1 person
I request professionals like sandy to come up for helping newbies in trading
pls create a separate thread if possible on how to open demat which companies offers best services etc


sandy bhai +1 post here only for everyones benefit.

Deal Cadet Deal Cadet
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Wooohooo https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
Thanks!

What Privileges do i get after becoming Deal Cadet?

goss8877 wrote:

durgeshg7620
Deal Cadet

https://cdn0.desidime.com/smileys/ogwRV.gif


Deal Cadet Deal Cadet
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I can Make a Separate helping Thread ..But .. i am afriad it might be considered as self promotion

hsagent wrote:

since we all can not keep asking 1 person
I request professionals like sandy to come up for helping newbies in trading
pls create a separate thread if possible on how to open demat which companies offers best services etc


Deal Cadet Deal Cadet
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Surely bro. your suggestion noted. will soon create one. may be by EOD

Deal Subedar Deal Subedar
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@ durgesh I hope if u create thread addressing for mass help then admin won’t delete it
and BTW admins here are way too mature to understand what’s for mass help and what’s promotion https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Analyst Analyst
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@Bohra, if you want to trade actively, try Zerodha (the most transparent & efficient broker you can get). Never try Reliance Money or Sharekhan. Angel is OK, so is Bezel. There are actually 100s of brokers.
Never use service of a bank (highly costly and most unethical).

@Ishandon, there is no free lunch. Trading in shares (& its derivatives) is a risky (high) activity & you should better avoid it at this point of life.

Deal Cadet Deal Cadet
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i lost some money in shares and mutual funds. sold off all shares and redeemed mutual funds. now i am relaxing.
https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

good luck boyyysssszzz

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Deal Cadet Deal Cadet
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dimepincher wrote:

@Bohra, if you want to trade actively, try Zerodha (the most transparent & efficient broker you can get). Never try Reliance Money or Sharekhan. Angel is OK, so is Bezel. There are actually 100s of brokers.
Never use service of a bank (highly costly and most unethical).

@Ishandon, there is no free lunch. Trading in shares (& its derivatives) is a risky (high) activity & you should better avoid it at this point of life.

<br

totally agree Zerodha is super both pricewise and supportwise.https://cdn0.desidime.com/smileys/LdBJH.gif
totally agree Zerodha is super both pricewise and supportwise.
btw what segments do u trade??

Deal Cadet Deal Cadet
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.

Deal Cadet Deal Cadet
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i.blackreaper464 wrote:

dimepincher wrote:

@Bohra, if you want to trade actively, try Zerodha (the most transparent & efficient broker you can get). Never try Reliance Money or Sharekhan. Angel is OK, so is Bezel. There are actually 100s of brokers.
Never use service of a bank (highly costly and most unethical).

@Ishandon, there is no free lunch. Trading in shares (& its derivatives) is a risky (high) activity & you should better avoid it at this point of life.

<br

totally agree Zerodha is super both pricewise and supportwise.https://cdn0.desidime.com/smileys/LdBJH.gif
totally agree Zerodha is super both pricewise and supportwise.
btw what segments do u trade??


I also used Zerodha , its best broker online:-}
Second thing is i would never advise you to invest in stocks or derivatives without past experience , its very risky and if you are daring to give it a try then only invest small money at start and start learning about it slowly and understand how the share market works. Even after all the study , your luck will decide if you will be successful or not and 95% people in share markets losses their money:-D

Btw i started investing with my first demat account and with Zerodha and lost money.

Derivatives are very risky and can also be very profitable. Even a Rs.0.50 can become Rs.15 in a single day in derivatives segment (i have myself seen in a single day) however chances of loosing in that is very high.

In my opinion you should never invest in this for intraday trades.
If still wanna invest then always invest for long term.
All the Best https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Shopping Friend Shopping Friend
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dimepincher wrote:

@Bohra, if you want to trade actively, try Zerodha (the most transparent & efficient broker you can get). Never try Reliance Money or Sharekhan. Angel is OK, so is Bezel. There are actually 100s of brokers.
Never use service of a bank (highly costly and most unethical).

@Ishandon, there is no free lunch. Trading in shares (& its derivatives) is a risky (high) activity & you should better avoid it at this point of life.


not an active investor to start with maybe getting something for long term..which is good in terms of long term? wont zerodha be good for long term too?

Deal Subedar Deal Subedar
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zerodha is best…. if any 1 needs any help in choosing the broker pm I’ll tell u the best according to ur requirements

Deal Captain Deal Captain
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Bohra wrote:
not an active investor to start with maybe getting something for long term ..which is good in terms of long term? wont zerodha be good for long term too?

I suppose esteemed dimers have said most of it before.

just my two anna:

If you are not looking for trading, but for investing [only passive portfolio management /occasional purchases and only target/need based selling]; then you really can go about using any reasonable service.

I am unaware of this name discussed, but I suppose none would be so transparent in declared terms or FAQs; unless you probe them further with pointed questions.

Please note that some taxes and duties are not Central, but State subject; so you can take a wholesome view → Brokerage, Service Tax, Turnover Charges, Stamp Duty https://cdn2.desidime.com/assets/textile-editor/icon_cry.gif , STT and the honourable SEBI Turnover Charges

edit: Stamp Duty on securities is a Central subject, it is same everywhere. Sorry ’bout the confusion.

One ought to be clear up-front; what costs are included and which are incremental to the amount billed to you (by the broker).
Since you are not a jobber (trader) it does not matter, but to those of our fraternity whose livelihood depends on it, even 10 basis points here and there is a big thing.

Lastly, I do not know on what basis people above have evaluated certain names,
personally, I place more importance on the leverage allowed and flexibility of payment terms.

In that regards, off-line (personal relationships and personal touch) brokers are the best IMO.

SSKI (Sharekhan) , Indiainfoline (and in some cities Angel’s franchisee) etcetera [on-line platforms of these sites] all allowed nice leverage even on delivery trades, but now mostly all brokers want the monies upfront.

Deal Captain Deal Captain
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Bohra bhai, sorry if it is all too overwhelming, but firstly reflect on what your objectives are and how much of your networth allocation you want to invest, how much to trade and how much you are going to keep in fixed income (safe, near zero risk products).

For on-line trading the most convenient are firms that have both: trading license and a Depository Participant business too.
This is because, you can immediately know the status of your securities credit/debit because the Group (broker, DP) can not disown knowledge.

If an occasional trader like you goes with the bank which also has a separate DP business and has a broking business too, then you are practically dealing with the least amount of people and all transactions mostly happen smoothly.
but this ↑ is a double-edged sword

P.S.: I only rarely went with off-line brokers but when I did, it was on personal reco. and so get to pay the broker even the day after the trade. The brokers need to trust the client. I pay my (off-line) broker on T+2 ONLY for all (delivery) buy trades. And even the settlement for ‘day trading’ is done later. (it is all as per law)

Maybe I am in the minority on the above point.

You can check what is convenient and more important a feature for you and find a suitable party to deal with.
In on-line broking there are certain peculiarities and hence not taking any name in open, but I do think that taking a myopic view on these (comparisons ) is not good.

Deal Captain Deal Captain
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ishandon wrote:

ffriends any kind of investment in which we just have to give our money to someone else(bank; trader;agency etc.) without any risk (i mean no scam ; risk of price drop(like in shares ;gold etc))

the amount that needs to be invested should also be low

and after some time they will give us good returns

i mean options other than fd; gold ;silver ;property etc…


i am student and have no clue about such stuff; please advice

Ishu, unlike someone who advised younger lot like you to refrain from direct equities, I think one can always take measured steps.
But looking at your disposition to things:
I too feel that your nature in its present form, does not seem right for letting you dabble in stocks without monitoring over you.


Do realise that ‘good returns’ is a very subjective reference.
and if risk and reward are inversely proportional then one has to take their own call.

May be you know that Arun Modi and Narendra Jaitley have re-launched Kisan Vikas Patra which was booted out in 2011.

Technically it fulfils one of your requirements → options other than fd; gold ;silver ;property etc…


KVP terms allow premature withdrawal (with conditions) after two and half years (or if the account-holder’s soul is liberated from the body).

Minimum denomination is Rs.1000.

But these are only advisable for those with zero tax liability.
Because they do not have any tax advantage (nor the investments deductible under 80C).

Ishan do you file your income-tax returns https://cdn0.desidime.com/Placeholders/No-Image-Available.png ??

If not filing tax returns, then you can earn 8.67%;
otherwise a super rich guy like you might have to pay heavy taxes https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Deal Major Deal Major
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Arun Modi & Narendra Jaitley https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Deal Cadet Deal Cadet
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Zerodha is good. So is TradeSmartOnline(VNS). These two are online brokers. So, you don’t need to visit their office at all. You communicate with them via email, website or phone only. Phone is discouraged as they charge extra for Call-and-trade. Their expenses are lower and so they are able to pass on this to their clients(i.e. us). They use word of mouth advertising and offer some cashback for referrals. They offer lower brokerages than the traditional brokers. Traditional brokers include Sharekhan, Mansukh, AxisDirect, Abhipra etc. They have a large office in all major cities where you can visit and see a lot of employees working. There costs are higher and brokerage is also higher. They have marketing costs too.

If anyone decides to open the account in one of the online brokers mentioned above, then let the people in this thread (who have introduced you to these brokers) have some referral benefit instead of opening it direct. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Just send a PM to me or anyone above me and they will give you their referral link. https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif

Coupon Baba Coupon Baba
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I want to try it too. Have 25k saving. Will mostly start with 20k. If any good option let me know. Thanks in advance https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Analyst Analyst
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Bohra wrote:

dimepincher wrote:

@Bohra, if you want to trade actively, try Zerodha (the most transparent & efficient broker you can get). Never try Reliance Money or Sharekhan. Angel is OK, so is Bezel. There are actually 100s of brokers.
Never use service of a bank (highly costly and most unethical).

@Ishandon, there is no free lunch. Trading in shares (& its derivatives) is a risky (high) activity & you should better avoid it at this point of life.


not an active investor to start with maybe getting something for long term..which is good in terms of long term? wont zerodha be good for long term too?


Trading & Investing are 2 different ball games. If you want to remain an investor for longggggg term, don’t go for Zerodha as they don’t have depository services.

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