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Is share market big casino or investment hub?

Created by : Ajay kumar Sharma, Freelancer, Private Banking/Wealth Management  | 02 11 2011 17:24:00 +0000
Keywords : is share market big casino or investment hub?
Activity:  167 views;  last activity : 04 16 2012 00:19:08 +0000
 
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Long term investment in share market is good for everyone Vs Intraday should be banned in share market.
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Whoever says Intraday trading is gambling or phatka is ignorant of the latest developments. Technology has changed everything, affecting our life favourably. It has changed stock market Intraday trading also. Problem is, very few people know or realise the change. Take for instance my PRISM Intraday Trading system. The software based live trading system uses live data for real time analysis of stock price movements to create graphical charts. In the charts, up to 3 Buy and 3 Sell signals can be identified, 2 + 2 of which are 100% accurate for Nifty Futures. For stocks, it is 98% accurate. I have been teaching this system since 2003 to traders all over India. It was initially 80% accurate. By 2006 it became 98% accurate and since 2009 April, the system is 100% accurate on Nifty Futures. This does not mean, 100% of all trades will be profitable. It means you will know exactly where Nifty will move next, with 100% accuracy. Some times, the move may not be enough to give you a profitable trade. But even then, as you knew beforehand, the level of Nifty may not hold, you can exit a trade with little profit or at the most a little loss. No large losses can happen as you are not trading blindly. But large profits can come on every strong Nifty move.

 

I am proud to say that there have been over 1300 persons all over India who have been trained on my system and my rough estimate is 75%-80% of these people have started a new career in stock market Intraday trading based on my system.

For details of the system, pl visit www.Prismintraday.com and www.Daytradingfunda.com. 
By Arunangshu M Lahiri, Chief Executive & Analyst, Xannet Technologies  | 02 16 2011 03:21:25 +0000
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Its like You are favouring Test Cricket against 20-20. Wat you dont understand is the fact that there are people with different risk appetites and different goals and waiting periods in the stock market. All investors are not the same and so are their views. I feel Mr. Ajay, u need to understand the market, its functioning and the mindset of people participating in it before making such generalised extreme statements. I hope u get the requisite knowledge. People who lose are not forced by anybody with a gun to his head to invest in the market. Do get your knowledge of the market, about the market!!!
By Kanad Mahesh Gandhi, Freelancer, Freelancer  | 02 15 2011 10:07:31 +0000
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Share market is not only a big casino but government is making it in such a way by allowing intra day because no stock can move on a daily basis with their fundamental. Fundamental moves the stock with on long term basis. If the government is allowing intra day which is fully betting and which wiped off money of retail investors.So why don't government legalize the beeting in cricket.So give your comments in this regards.
By Ajay kumar Sharma, Freelancer, Private Banking/Wealth Management  | 02 11 2011 17:24:00 +0000
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Yes I agree that intraday and derivatives should be banned in share market as both are very speculative without any fundamentals. It almost resembles gambling/casino
By CHANDRASEKAR C P, PROJECTS ENGINEER, QATAR GENERAL ELECTRICITY AND WATER CORPORATION  | 02 12 2011 16:38:17 +0000
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I agree to this question that intra day must be stopped....if it resembles betting. Even IPL is also a betting process that is glorified...but no action is taken by the govt. Thus ...its clear that whatever the govt. does for profit is good and whatever we do that is crime...
By Rashmi Chawla, Cust. Service Manager, Leading Bank  | 02 12 2011 09:49:59 +0000
Argue for "Long term investment in share market is good for everyone "
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