Thursday, December 30, 2010

Money Controlled Trading

Thirst of making money made me to get in to Stock Market. With greatest inspiration of Dhirubhai Ambani, I thot and still thinking that I would be like hime one day. It has been one and half year since I started trading and all I have learnt is Trading shares doesn't make a man a millionaire in 18 months!!!!!! Ofcourse I have reaped profit but still I am not satisfied(I know you r cursing me) with the returns. Thanks to Coal India IPO, without that my portfolio profit would not have looked better.

In all 18 months I have learnt how to buy and sell stocks. Nothing more than that. One thing that puzzles me is how the prices of share fluctuates every second. I started exploring it in usual google but I got nothing (yeah, I didnt understand them).

Well.. let me ask you question by saying what I have understood.. I am selling share quoting at price say 100rs. It would be sold off , if der s someone to buy them at 100 rs. If this is the case the price of that share will never come down coz the seller will never want to sell his shares below the last trading price. Thats the human nature and so is mine;).... But that doesnt happen.. sometime it goes up and down the other time. Who is pulling the market price down? You can say when der is no buyer obviously the seller should reduce his price. Will any one do that? In my 18 months of trading I never did that.

Despite all this I Love Trading. It makes me feel myself as a business man, as a Head of my Business;) Whenever I see profit I would tell my friend dhat would me give me the feel of quarter profit announcement!!!:)

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