Skip to main content

One page Stock

Alright.. That was a long absence. The whole last week I dint blog. I dint go away. I was "occupied". I was learning stock trading. Its very fascinating. I have a good weeeked blog for you all. Here is my experience.
I can literally hyper-link every word from the following paragraphs, but I am writing it as simple as I can so you can look up the italicised words in wikipedia.
I got a paper trading account from a brokerage firm. You need one brokerage account first. Then it can be an Equity account where all your money is yours or a Margin account, where some of the money is lent by the brokerage firm. Then I get Buying power, which is the dollor value of how much stocks you can buy.

I can make profit by simple rules. Buy when Price is low. Sell when price is high. There is another more intersting way of earning money. Selling short. Thats when price is not high, per say, but when are confident that the price WILL go down. then buy back when its lowest. This is what you can bank on when the market is Bear:)

There are some other rules that are not rules as such, but are simple axioms that will save you from losses because of your zelous anxiety. Especially in intra-day trading. Like dont sell when you have lost a lot and the price is falling further down.. cool it off. judge the good price, wait for a day, place a limit order over night. Reverse logic applies to buying (and buying to fill a short sell).

Then there are profit maximisers.. Especially when you are actively looking at streaming quotes.. Like.. Dont BUY when you THINK it is the lowest price. its okay to wait for a couple more pips to see if it lowers further. if it gains a little, its fine. and the same reverse applies to SELL.

This aint a crash course on stock trading and I disclaim [:)] this to be taken as a serious advice for it. But if you are interested in trading stocks with this.. AND make some money. I am glad :)
Labels:

Popular posts from this blog

Powered By

As it goes, We ought to give thanks to people who power us. This page will be updated, like the version page , to show all the tools, and people this site is Powered By! Ubuntu GIMP Firebug Blogger Google [AppEngine, Ajax and other Apis] AddtoAny Project Fondue jQuery
Read More >>

How to Make a Local (Offline) Repository in Ubuntu / Debian

If you are in a place where you dont have internet (or have a bad one) You want to download .deb packages and install them offline. Each deb file is packaged as a seperate unit but may contain dependencies (recursively). apt-get automagically solves all the dependencies and installs all that are necessary. Manually install deb files one by one resolving each dependency would be tedious. A better approach is to make your own local repository. Before you actually make a repo, You need *all* deb files. You dont practically have to mirror all of the packages from the internet, but enough to resolve all dependencies. Also, You have to make sure, you are getting debs of the correct architecture of your system (i386 etc) # 1. make a dir accessible (atleast by root) sudo mkdir /var/my-local-repo # 2. copy all the deb files to this directory. # 3. make the directory as a sudo dpkg-scanpackages /var/my-local-repo /dev/null > \ /var/my-local-repo/Packages # 4. add the local repo to sour...
Read More >>

Decorator for Memcache Get/Set in python

I have suggested some time back that you could modularize and stitch together fragments of js and css to spit out in one HTTP connection. That makes the page load faster. I also indicated that there ways to tune them by adding cache-control headers. On the server-side however, you could have a memcache layer on the stitching operation. This saves a lot of Resources (CPU) on your server. I will demonstrate this using a python script I use currently on my site to generate the combined js and css fragments. So My stitching method is like this @memize(region="jscss") def joinAndPut(files, ext): res = files.split("/") o = StringIO.StringIO() for f in res: writeFileTo(o, ext + "/" + f + "." + ext) #writes file out ret = o.getvalue() o.close() return ret; The method joinAndPut is * decorated * by memize. What this means is, all calls to joinAndPut are now wrapped (at runtime) with the logic in memize. All you wa...
Read More >>