Shabbir Bhimani

If you don’t want to do a job or a business for living but want to be a make a living trading, you should asses what you get in a job or business and if you can achieve same through trading, you can live by trading for sure.

Let us start with the basics first.

The Capital

The first thing you will need as a trader is capital. How much capital you need will depend on how much you want to make each…

Trading has a potential and you may read stories of traders making 34 million dollars in a day but it also has the potential to make people bankrupt and though these stories don’t make the social media headlines, you can read find on Wikipedia here or read about Société Générale trading loss.

Those are extreme stories on either side but it can happen to any trader who gets carried away in the…

A report I share each month of the progress to my wealth building portfolio of stocks and mutual fund position added with reasons and contract notes to remain fully transparent. I also share important lessons I learn along with the plans for the upcoming month.

Note: This is not my complete investment in market and I have other investment prior to January 2016. After January 2016 all my…

Access to easy margin money in day trading makes people believe they can become a full-time trader with very little investment but you should consider the following before planning to be a full-time trader.

1. Margin Money

If your expectations to become a full-time day trader is because you have access to margin money, make sure you know the truth about margin money.

Normally in large cap…

Sheetal Tigadoli asks a very interesting question in a comment here.

Hi, I’ve an interesting question, What one should do after the SIP term completes? What all things should we consider to either redeem or renew SIP term or just stay put?

I completely agree with your view that it is quite an interesting question.

Staying put is never an option and you should always be active with your…

There is only one reason why stock prices fall in the market which is there are more seller or sale orders over buyers or buy orders.

Let us first understand how trades are executed in an exchange in an oversimplified example.

Company ABC whose stock price is trading at Rs 105 which is the last traded price. Person A wants to purchase 1000 shares of ABC at Rs 100. There aren’t sellers at Rs 100…

In my previous article I shared 5 Best Trading advices and I had a lot of questions in emails regarding the investment advices and so here I come with 5 best investment advices. Without much of an ado let me start 5 best investment advices.

1. Invest in Tranches

No matter how good you are, don’t deploy all your money that you want to be investing into a particular company in one go. Buy them in…

3 Best Trading Advice I Could Ever Give

Without any ado let me get started with it.

1. Book Profit

Market is a lot different than just a mathematical formulae. A +10% and -10% swing means you don’t actually be at no profit no loss scenario but you loose. This may sound very strange but reality has traditionally been very strange.

Let us do some calculations:

Stock price is Rs 500.

Day 1 the stock swings up by 10%. Price becomes 550.

D…

A report I share each month of the progress to my wealth building portfolio of stocks and mutual fund position added with reasons and contract notes to remain fully transparent. I also share important lessons I learn along with the plans for the upcoming month.

Note: This is not my complete investment in market and I have other investment prior to January 2016. After January 2016 all my…

What Are Different Fears of Market and How to Overcome Each Of Them

There are many kinds of fear in the market and they can be of various sizes, types and forms. The fear of the unknown that can happen in the market is quite natural and you should always be afraid of the market.

Let me share with you how you can overcome the fear of.

Loosing money?

Selecting the wrong stock?

Entering at the wrong price in a stock?

Entering at the wrong time in a stock?

Repeating…

There are numerous different ways to look at trading and investing and view point of trading vs investment can vary from person to person. I look at trading and investment lot different than many others and for me trading and investing are two different approaches to the market.

Definition

I will define trading and investments as follows:

Trading: More active participation in the market (long or…

I often get this question about how to select the right stocks for anything from day trading to find the right pattern to find the wealth building opportunities and many other.

So let me answer the question about how to find the right stock for day trading and how you should go about day trading. Even if you don’t want to be day trading, knowing how it is being used by traders can help you invest…

A report I share each month of the progress to my wealth building portfolio of stocks and mutual fund position added with reasons and contract notes to remain fully transparent. I also share important lessons I learn along with the plans for the upcoming month.

In March, I invested majorly in Birla Sun Life Tax Plan and added some more to my Infosys accumulation strategy and invested fresh in…

The 7 basic principles of trading in market

Trading is buying something where you anticipate it will get higher than your buy price in a very short span of time.

On the contrary, if you anticipate something will get lower than the current price, you prefer selling now and buy at a later date. Referred to as short selling.

Short selling in the cash market in India is confined to day trading only which means you have to cover your short…

I have been doing freelancing and consultation since I left my job in 2008 and it is something that is 30 to 40% of my overall income on a constant basis for quite some time now but more importantly it helps me remain updated and still can focus and invest in building more web properties.

Freelancer’s always have the dilemma of taking up a new project when you already have work in hand or…

Jay asked in Ask me anything (AMA)

Returns from mutual funds over the past few decades are quite good and if I just want to invest in equity and focus only on mutual funds, I don’t see a reason to be investing in stocks. So can you please tell me why do I need stocks. Actually I am not able to find a single reason to be investing in stocks and so I am tempted to ask you about it. If you just skip…

Elance is closed for new clients and it was a significant source of new clients to me for the last 5 years.

As I started to have more regular clients from my blog, Elance slowly became significantly small source of new clients to me but I used to get some work Elance almost regularly.

Those small work from Elance stopped but that did not impact me much but as I discussed about Elance with my…