Hello Friends,
Hope You PAYTM after you gets the Job! I am seriously kidding!
First, go through their website for the services they offer
Example – Dreamgains is one of the research companies
What does Dreamgains does?
They offer Research Services and charge fees!
Remember friends, stockmarkets is probabilities, uncertain &random above
all it is bluff master!
Stock Markets is a Profession ,where it takes money from who has less
patience ,discipline and transfers to people who has patience and discipline
So, suppose you have a interview in research company – first understand what
services does the company provide, and above that under which exchanges they
are offering!
As said earlier there are 3 exchanges
NSE, BSE & MCX
MCX- Where we trade Commodities – What Commodities so we trade ,the most
popular one are- Gold,Silver,Crudeoil,Aluminium,Copper,Lead,Nickel,Zinc
https://www.mcxindia.com/market-data/market-watch
Check out, which are the most active traded commodities !
Now, let us come to NSE and BSE Segment
Which products do they offer –
There are 2 products available in stockmarkets – Equities, Derivatives
In Equities – We have -Intraday & Delivery
Intraday – Buy and Sell same day, also known as Day trading!
Intraday – Why one does Intraday or day trading –
One simple reason – to make quick money or buck!
Remember Friends, when we can analyse or speculate what may happen in stocks
for just a day – we buy or sell intraday
If we are right – we make profit
If we are wrong -we lose money
When does one do delivery –
When we can analyse or speculate what may happen in stocks for more than a
single day
If we buy today 14th March 2019 and sell 24 March 2019-we call that as
positional or swing trading
If we buy today 14th March 2019 and sell 24 March 2029-we call that as
investments
If we buy/sell today 14th March 2019 and sell/buy 15 March 2019-we call that
as buy today and sell tomorrow, or sell today and buy tomorrow
There are 2 types of participants in markets – Investor and Trader
If we buy and sell within one year – trader
If we buy and sell more than one year -investor
In equities markets – we can sell first and buy later only for intraday
In equities delivery – we first need to buy, and then only we need to sell,
we can’t sell first, as we don’t have any shares to sell in advance
Why do we sell first – when we think ,the stock may fall for the day -why it
may fall – there are infinite reasons for fall – few reasons could be -company
may have announced less profits, more loss, less than anticipated
profits,scams,controversy ,less orders ,low business, competition on the
markets etc
Why do we buy first – when we think, the stock may rise for the day – vice
versa of the above reasons!
That’s done for Equities Markets
Now, let us understand derivatives markets products
4 types are there – Stock Future, Stock Options, Index Future,
and Index Options
In India – we have 3 contracts – Near month, Midmonth and
far month Contract
Expiry of the contract happens every last Thursday of the
month
That we call as monthly expiry
Index and stock we have monthly expiry!
Now, recently we have weekly options started too
Weekly options are only for INDEX, we don’t have weekly
options for stocks
In Index – we trade only in Nifty and Bank Nifty!
Equities – Is known’s as Asset
Derivatives – is not a asset, it moves up or down based on assets,
it doesn’t have independent value, it is dependent
There are three trends in Markets – Up, down and sideways
How do we analyse the markets – Technical or fundamental analysis
We do three things in Markets-
Which Company we buy or sell
Which price we buy or sell
How much do we buy or sell
As a business development executive – first understand the
products and offer to the customer
To get a job, first understand, whats the markets movements
for the day
What is the closing price of each stock? High, low and quantities
or volume traded?
Where do you get
Find out which companies where gainers and losers for the
day
Find out what events are happening in the markets
98 % of the people lose money in markets, they say, and it’s
true!
The database which you may get may involve freshers in markets
or experience people in stockmarkets
Fresher’s – you need to explain why they need to invest or
trade in markets, how much money they can make money
Companies past track record and also give some free trail,
so that you can convince the prospect to subscribe you products
If they database is experience – tell them, how better you
can make them make money – don’t be over smart – because you are dealing with a
person who has already lost money – when you say i will help making money-they
don’t believe
So better tell them, see our performance first and then take
a call
If say this to the interviewer, definitely he will get up
and give you job!
Hope so!
Be calm, be smart
Wish you good luck
Sagar U.S
