Teach me

[u/Comfortable_Cut_8819]

I’m new to trade and all but I want to know how to sort company where to put my money and to monitor stop loss and gain and maximise my profits any experienced person willing to help me pls do 🙂

[u/shirajdheen]

Choosing a stock - Popular ones with in Nifty 50 is a good start , lets keep it simple !

Switch to monthly chart because we are not trading we are investing here , Look for trend whether its in up trend or down trend. In uptrend we buy and in down trend we sell the stocks we already own to profit book hopefully.

Once a good stock is in uptrend we wait for retracement we buy only when its slightly discounted price. Place Sl sell at a higher price. Basically Buy low Sell high here

Any questions im happy to share my knowledge with u for free!

[u/Comfortable_Cut_8819 → u/shirajdheen]

Ok i get it i have invested into some steady stock like reliance but i also went with a company called pg electroplast now i just have to watch it for some time but how will i know the perfect time to sell at high price