Bro don't think about trading style for now.
Focus on technical analysis after that build your own trading system on intraday and backtest it.
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PE alone doesn't mean about the valuation. You have to compare PE with multiple numbers and ratios.
Assume the valuation is good but what about the profitibliy of the company and asset management of the company..
1. do you know their business model?
2. Have you checked their fina...
Oviously u can
Bro pehle hi define kar do what will be your Stoplosse and target.. bas usko broker main set Karo & screen dekhna bandh kar do
Start SIP dude
I also do the same when I was in class 10
Decide your Style : investing or trading ? Then
Learn :
How stock market works
Fundamental analysis
Technical analysis
Valuation
I have whole backrested report of moving average crossovers..fun fact is it doesn't work 😆. If you need the code of backtest DM me I will share with you for free..then you can backtest your own scripts
Daily + hourly : swing trading
Weekly + Daily : positional trading
Monthly+ weekly : long term investing
Quterly results is not good
Mutual funds wale Aram se raho..fundmanagers ke upper choro..
Kiya soch ke enter Kiya tha?
Khud research Kiya tha toh Hold karo agar dusre se tip liya tha toh exit maro..kiyuki aur loss dikhayega toh aap hold nhi kar paoge
I use Renko for studying price.
And Ema 20,30,40 For confirming trend
That's it
Bro avoid paper trading...paper trading is like Swimming in a pool with life jacket..but in entire life you won't use life jacket right? So start with small capitals but make sure it must be your hard earned money
Just bring 2000 rupees and don't expect to make money out of it...it's just for practice your trading system and checking your Psychology
If you go with smallcap then you can easily expact 25%
1. Identify your system means when to enter and when to exit
2. Write down your thoughts in market hour..and do not follow the write up just follow the system after market hour just sit in front of market and see what you have written then answer will be in your hand
Demand = support
Supply = resistance
Same concept with different and fancy names that's it
Doesn't matter to me...if my setup comes I will trade otherwise I will enjoy some web series
Master 1 Trading style and backtest it & improve trading psychology and maintain trading journal