Sunday, June 10, 2012

Golden Rules of making Sure Money in Indian Stock Markets

 Golden Rules of making Sure Money in Indian Stock Markets
These are given by Jesse Livermore also known as   Boy plunger  and he was one of the best known traders in US in 1929
Think how its applicable even today
1.Once you have taken a position ,stick to it.Disregarding the big swing and trying to jump in and out is fatal for traders
2.Dont try to sell at the top or buy at bottom.Sell when your targets are met or price reaches stop loss.You wont be able to capture bottoms and highs.
3.There is no need to trade every day.
4.Stick with winners and get out of losing position quickly.
5.stocks are never too high for you to begin buying or too low to begin selling. But after the
initial transaction, don't make a second unless the first shows you a profit.
6.In a narrow market,when prices are not getting anywhere and  move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be up or down. The thing to do
is to watch the market,  determine the limits of the get-nowhere prices, and make up your mind that you will not take an interest until the price breaks through the limit in either direction. 

Saturday, June 9, 2012

Points to remember while daytrading

Points to remember while daytrading
Daytrading is a tough business
Following tips will help you in daytrading
Always Play for long swings ,do not target small swings
Place your stop losses on cruical points ,not on basis of your  buying selling level
Do not jump into trade in the morning.first analyse the marklet.Let it make  resistance and support,you can react after that
Do not over trade.max 2-3 trades per day.  aim for one trade per day
Do not buy/sell near support ressitance.let the market cross them or bounce from them
use a combination of trend following and oscillators to time yoour entry and rxit
Hold till closing
Trade cautiously  on days when some important news is expected,these news give huge up and down swings
Do not short a running market or do not buy a falling market intraday.Wait for market to make u turn.

7 top points to keep in mind while consolidating debt

7 top points to keep in mind while consolidating debt
Debt consolidation overview of taking advantages
Some of the best ways to consolidate debt
Never Agree to the the first bank that offers Debt Consolidation.Shop for rates of many banks.
Ensure that consolidation offers a rate less than existing rate
Take help of Certified Financial Analyst
Ensure that time period is not too long or short
Take care of your credit ratings as bad credit rating means higher interest rate
Consolidating your debt will do little good if you are spending freely .First consolidate your spending habits before consolidating debt
Debt consolidation helps only those people who are struggling with debt but who are also probably still paying their debtors.If you cant pay debt file for bankruptcy

Debt Consolidation Loan For Bad Credit history ?

Debt Consolidation Loan For Bad Credit history?
Ans: Very Difficult nearly Impossible
if you have a bad credit history then debt consolidation is very tough.Even if you get it then the rates will be so high to make debt consolidation nearly useless.
Bad Credit History is a hindrance as it
Tarnishes your credit rating
leaving debt consolidation to marginal players while intimidating major players
Cause problem in cash flow even if you get a good deal
May dent your Confidence to emerge out of debt trap

Business Debt Consolidation

Business Debt Consolidation consists of combining many loans with different tenures and different interest rates into one loan  .
Business Debt Consolidation consists of consolidating  individual debts into one monthly obligation,
Advantages of Business Debt Consolidation
Pay off multiple creditors
Loan payment to  a single lender.
Sometimes savings in Money paid as debt repayment
U.S. Small Business Administration (SBA) provides  small business debt consolidation loan
Conditions :
Debt must be in good standing,
No consolidation of past-due loans or credit accounts
verification by the lender
Loans to be refinanced,must provide a substantial benefit to the company which is "20% improvement to the company’s cash flow as measured by the changes in the debt service requirements between the existing and new debt structures of the debt being refinanced that remains in effect over the terms of the refinanced debt."

Student Debt Consolidation Loans

Student Debt Consolidation Loans

Students need money for Various Purposes Like
Books
Tuition fees
Clothing
Research

Entertainment

Once they start taking loans there is high probability that students can get tangled in loan trap
here Student Debt Consolidation Loans come into Picture .
Federal Family Education Loan (FFEL) Programs and the Direct Loan  Program  have one act to rescue .The Higher Education Act (HEA) provides for a loan consolidation program  .

In these        programs, All old Loans are paid to create a new consolidation  loan .

Advantages of Student  Debt Consolidation Loans

One Loan term
one interest Rate
lower interest rates
 monthly payment
manageable debt
less        probability to default.
Extend  repayment term to up to 30 years with some lenders
Retain federal borrower benefits
Flexible repayment options with most lenders

What is Debt Consolidation ?

What is Debt Consolidation ?
Debt consolidation means  Securing a Loan to  pay off many others.
Advantages of debt Consolidation

lower interest rate
Sometimes one  fixed interest rate instead of many rates 
One loan in place of Many loans

Debt consolidation  often needs something as guarantee ,an asset that serves as collateral.So the risk of lender is reduced and it offers lower interest rates

Situations in which debt Consolidation Must be used
Credit card loans
personal Loans
Students loans
payday loans
Emergency Loans

Thursday, June 7, 2012

Buy Sell or Hold Nifty Sensex Tips 7 June 2012

Buy Sell or Hold Nifty Sensex Tips 7 June 2012
As written yesterday 4900 was stop loss for bears
Beyond that Nifty  entered  in bullish territory
And gave a superb rally.
Now what ?
Hold your longs with stop loss of 4940
Or book profits near 5050
Do not Short this market

Wednesday, June 6, 2012

Nifty Sensex Levels to watch 6 June 2012

Nifty Sensex Levels to watch  6 June 2012
Nifty and sensex tried to present a bold face on 5th june 2012
Couldn't sustain at higher levels 
Nifty is still a short with stop loss of 4880 and 4899 .4899 is the ultimate stop los for shorts.If Nifty trades above this level for 15-20 minutes get out of short
Sensex is a short with stop loss of  16167
Use any rally to short
We have already shorted yesterday at 4878 
Happy investing

Tuesday, June 5, 2012

Nifty Sensex Analysis 5 June 2012

Nifty Sensex  Analysis  5 June 2012
We have already shorted Nifty at 4883
Stop loss is 4882
Only if market trades above this level for some time
Buy only above 4896


Happy investing

Sunday, June 3, 2012

Nifty Sensex Analysis Tips for 4 June 2012

Nifty Sensex  Analysis Tips for 4 June 2012
We have already shorted Nifty at 4883
Stop loss is 4917

For Sensex Stop loss  is  at 16206
Enjoy the fall

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