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Nicolas Darvas (1920–1977) was a dancer, self-taught investor and author. He is best known for his book, “How I Made $2,000,000 in the Stock Market.” Trend following trader? You bet. From Time Magazine Monday, May. 25, 1959: Nicolas Darvas in Time Magazine Monevman Darvas’ methods would raise the eyebrows of most Wall Streeters. Instead of studying what Wall Street calls the fundamentals—price-earning ratios and dividends—he judges public enthusiasm, a method that works best in volatile markets. “In my dancing I know how to judge an audience,” he says. “It is instinctive. The same way with the stock market. You have to find out what the public wants and go along with it. You can’t fight the tape, or the public.” More: Darvas’ system is tailored to his job. Since he has to do trading from wherever he is dancing (he recently completed an Asian tour) he ignores tips, financial stories and brokers’ letters, has never been in a broker’s office. Basically, his approach is that

Varsity   is an education initiative by Zerodha for its clients and all others free of cost. First thing to keep in mind that Zerodha entered the stock market with an innovative discount broking model in 2010. They are a technology based start up who redefined the broking business in India. What do they differ from the existing brokers in the market ? They reduced the number of services that a full service broker provides except the basic ones, trading & investing in stock market. They now have Pi and Kite for trading and investing and Coin for investing in MFs. They lowered the brokerage to an unbelievable point, zero brokerage for delivery and 0.01% or upto Rs 20/-per executed order for intraday trading. They encourage self trading. They don't have numerous offices with all infrastructural set up for their clients. Rather they have user friendly platforms with advanced features in the form of apps for mobiles. They donot provide tips for trading and investing.

During the 1850s, 4 Gujarati and 1 Parsi stock broker used to gather under a banyan tree in front of Mumbai’s town hall for trading. The number of brokers grew over the years and they eventually moved to a new location Dalal street in 1875. 318 members joined this group by paying 1 Rupee each We call it the ‘Bombay Stock Exchange’ (BSE) today.                      In 1986 BSE came up with SENSEX (SENSitive indEX) to measure the performance of stock markets. Before this, there was no precise scale to measure highs and lows of Indian stock market. Initially, Sensex was calculated based on a method called  Full Market Capitalization . From 2003 onwards,  Free Float Market Capitalization  method is being used.     I will try to explain what these methods are and how Sensex is calculated with the following example: Say there are only 2 companies in the market- X & Y.  X has 250 shares out of which 200 are available for general public (called  free floating shares ) and 50

How the Sensex is calculated. Let me tell you in a easiest manner with example For the premier Bombay Stock Exchange that pioneered the stock broking activity in India, 128 years of experience seems to be a proud milestone. A lot has changed since 1875 when 318 persons became members of what today is called The Stock Exchange, Mumbai by paying a princely amount of Re 1. Since then, the country's capital markets have passed through both good and bad periods. The journey in the 20th century has not been an easy one. Till the decade of eighties, there was no scale to measure the ups and downs in the Indian stock market. The Stock Exchange, Mumbai in 1986 came out with a stock index that subsequently became the barometer of the Indian stock market. Sensex is not only scientifically designed but also based on globally accepted construction and review methodology. First compiled in 1986, Sensex is a basket of 30 constituent stocks representing a sample of large, liquid an

There are many ways to become rich in any line of Work !! Not only stock market. if you have a good knowledge , commitment and dedication etc… then robotically you will get rich !! Coming to Stock Market, it is the place where we can earn huge profits and at the same time unlimited losses so, be cautious before entering in to stock market. My suggestion is if you are interested in investing in stock market and if you are selecting stock market as a career, then be prepared well with income, savings , future retirement , child education, children marriages etc, and many more.. To become rich in stock market is not a simple thing and its not a big thing!! main thing is how much enough knowledge you have on stock market is important, with out knowledge if we enter we face a lot of problems that stimulate on our personal life. So, be prepare well before entering in to stock market .Learning to live within your means leads to a freer life, debt can be a mean master instead of a wo

Here are my #7 tips for anyone starting out in the world of investing. Stay away from intraday trading. It is gambling and you will lose all your money. Not a single person became rich by day trading. Never invest borrowed money. Only invest that extra money left after spending on your daily basic needs. So that even if you loose the money then it will not effect your normal life. Don’t put all your eggs in one basket. Diversify your portfolio by investing in different sector stocks. Buy when everyone is selling. The best time for investing in a fundamentally strong stock is in bear market. Follow strategy of buy on every dip. Invest small small amount on every 5-10% fall. Don’t check price of stock daily. Because that will create panic situation. If the stock in fundamentally strong then no need to worry. Don’t invest blindly in the stocks recommended by others. Do your own research and invest only when you are satisfied. Keep patience, understand the power of compoundin

There are many myths and facts related to the percentage of salary that should be kept for savings by any individual. Some people say that  Income - Expenditure = Savings. This is A THEORY  but I don’t agree with it at all. The general propensity of any individual is to consume and in a country like India which is consumption oriented and with rising disposable incomes, more people consume and consume and are left with nothing to save.  THIS IS A FACT . Giving a % like  20% or 25% or 30% - This is A THEORY too , I don’t agree with it also because, If I am living in an own house, with zero debt/liabilities, steady rising income, average expenses, then why should  I restrict myself to saving less and forcing myself to consume more , only because the % of savings has been met?  HOW IS THIS GOOD? This is how I did it. I believe in something called  OPPORTUNITY  and you have to create it. Think of all the money that a person can normally get from various sources - startin

You must have heard of the D Mart supermarket chain, right? Well, Radhakishan Damani is the owner of D Mart. Today, Damani is valued at about $8.66 billion, which he earned from almost nothing at all. Radhakishan Damani began his career as a trader in ball bearings. He had no intentions of entering the stock market. After his father’s death, however, circumstances forced him into stockbroking. It took him a while to figure his way out. A few of his initial bets tanked. Gradually, however, he figured it out. Damani followed a simple strategy. He would take a time horizon of about 5 to 10 years, and see whether the company had the potential to grow in that time horizon. This strategy paid off for him and he gradually built up his fortune during the late 80s and the early 90s. Radhakishan Damani is also one of the few people to have gone up against Harshad Mehta, the big bull of the stock market, and emerged victorious. Over a few decades, Damani evolved into one of

1.  Indian Mutual Funds Handbook: A Guide for Industry Professionals and Intelligent Investors This one book is your complete guide to investing in mutual funds. It covers a whole range of topics like how mutual funds work,benefits and limitations of investing in mutual funds,different types of mutual funds like debt funds,equity funds,balanced funds,risks associated,NAV,cost of investing etc. This book on mutual fund investing gives you a complete and clear idea on “How to select a mutual fund” and disciplined methods of investing your money, in an easy to understand approach. 2.  Bogle on Mutual Funds: New Perspectives for The Intelligent Investor In this comprehensive book on mutual funds,the author provides investors with the wisdom of the pioneer of mutual funds. It helps you to identify and execute the ideal mutual fund investment choices for your investment portfolio. You will get to know difference between common stock,money market,bond etc.You get complete g