My Stock Trading Experience

Well off late I started share trading from November, 07. Here I would like to share my experience for all those novice people who want to know the basics. I am not an expert and I am still in the process of learning lot of things so don’t take my words blindly.

These all are my personal views and thoughts which may differ person to person..

What you need to get started?

• Capital – 20 to 30 thousand to start with (it depends on your appetite)
• Guts – share trading is not for faint hearted people
• Vision – ability to think and analyze
• Patience – power to go through ups and downs
• Honesty – stick to your original game plan
• Demat and Online trading account – off course it’s needed.

Now before you start checklist..

• Your need for investment – First of all you need to know that why you want to invest, what’s your need and for what time frame you want to invest. You should be clear about these things like is it for short term or for long term etc.
• Have a clear target like how much you want to earn – You should have a clear plan before buying the stock like what kind of profits you are looking for and it should be realistic. For example you may except to earn 50% in 3 months from that particular stock.
• Gather information about the company in which you want to invest – Do the small research on the company’s past and present performance. Go through their website and read recent news about the company and if you feel positive about it then only buy that stock.
• Get the information about the sector to which that company belongs – Yes it’s very important to know about the sector that company belongs. If the sector itself is performing badly then no point in expecting a good return from the company. For example nowadays the whole IT sector is down so the all IT companies shares are down and nobody is interested in them.
• Check the market and economy conditions – You should also see the market conditions before buying. You should look whether the market is over valued or is there any negative trend etc.

Need more … go through these links and get familiar with common terms and basics.

• Moneycontrol.com – Great site to learn about market and to get any sort of information about any stock or any sector. Do create a user id for yourself and you can also track your investment in their portfolio tools free of cost.
• Pehla Kadam (First step) – This provides a basic tutorial about share market and related topics. Very basic and very nicely written. A must read before you kick off.
• And do read The Economics Times regularly and watch CNBC TV18 or NDTV profit.

Some of the good sectors to invest in (at present)…

• Construction & Contracting
• Infrastructure
• Power generation and distribution
• Financial and Banks
• Iron and Steel
• Oil and gas

Joy Ride

So finally after 11 long years, the Bangalore-Mangalore train started chugging on December 8, connecting Bangalore to the coastal region (Mangalore).i still remember December of 2006 when me and my friends went for the trekking of Yedakumeri through Donigal. It was just amazing to go through all the tunnels and bridges in the entire route. I think railways have finally done a good work to start a train in this route after a long gap. So now people will be able to travel between Bangalore and Mangalore with ease. See the complete time table for the train below.

Time Table
Train No	Train Name	Date	Runs From Source	Runs On
6517	MANGALORE EXP	11/12/2007	YESVANTPUR JN	MON	TUE	WED	THU	FRI	SAT	SUN

SNo	Stn Code	Stn Name	Route No.	Arrival Time	Dep. Time	Distance	Day	Remark
1	YPR	YESVANTPUR JN	1	Source	20:35	0	1
2	SBC	BANGALORE CY JN	1	20:50	20:55	6	1
3	MYA	MANDYA	1	22:43	22:45	99	1
4	MYS	MYSORE JN	1	23:55	00:10	144	2
5	KRNR	KRISHANRAJANAGA	1	00:43	00:45	179	2
6	HLN	HOLE NARSIPUR	1	01:33	01:35	233	2
7	HAS	HASSAN	1	02:15	02:25	265	2
8	SKLR	SAKLESHPUR	1	03:20	03:25	307	2
9	SBHR	SUBRAHMANYA ROA	1	05:30	05:35	417	2
10	KBPR	KABAKAPUTTUR	1	06:23	06:25	459	2
11	BNTL	BANTAWALA	1	06:48	06:50	484	2
12	KNKD	KANKANADI	1	07:40	07:42	503	2
13	MAQ	MANGALORE	1	08:05	Destination	508	2

You can see the joy among the people in this snap which was published in TOI dated 10^th Dec,07.

I am planning to book tickets for Mangalore soon and I wish they will soon start a day train so that passengers will have an opportunity to enjoy the serenity and beauty of Shiradi Ghat.

BarCamp, Bangalore 4.0 is on 28th and 29th July @IIMB.. Drop in and get collective..

BarCamp, Bangalore is back again and it’s slatted for 28^th and 29^th July @IIMB campus. What’s new this time is the concept of collectives. The idea is to have various small groups on different topics of interest. List of some of the collectives is listed below.. The good thing is that anyone can suggest or form a new collective and people can register for it and discuss further at the event.

List of some of the collectives ..

Open Source Software Collective
BangPypers Collective
Photo Collective
Mobile Collective
Internet Collective
SocialTech Collective
Ruby Collective
BangAJAX Collective
Bloggers Collective
UnBand Collective
Invester$ Collective

I would like to be part of Ajax, Ruby, Blogger, Internet and Investors collectives.Guys do visit the main BarCamp site and register for various collectives there.Anybody interested in sponsorship or volunteering then please go ahead here.if you are new to BarCamp or wanna know history of BarCamp then follow the link.

Click here for venue details..

Hope to see you guys there at the event :-)

What is Sun Java Studio Enterprise 8.1

Sun Java Studio Enterprise 8.1 is the enterprise development platform from Sun for the Java Enterprise System 5, which are also used for deploying Sun's SOA-enabled Web services. Sun claims that Java Studio Enterprise 8.1 is ideal tool for developing, debugging, testing, deploying, and tuning enterprise applications, Web services, and portal components.

Java Studio Enterprise 8.1 supports Java 2 Platform, Enterprise Edition (J2EE platform) 1.4 and integrates the NetBeans 5.0 IDE. NetBeans 5.0 offers a rich set of features with which you can create state-of-the-art Java applications, including stand-alone, Web-tier, mobile, and J2EE applications. To learn the advantages of NetBeans 5.0 and higher versions visit NetBeans website.

Also, NetBeans 5.0 supports application development on the J2EE 1.4 Platform and deployment to Sun Java System Application Server Platform Edition 8.2, as well as deployment to the WebLogic 9 and JBoss 4 containers. Note that Application Server 8.2 comes bundled with the Derby database.

Java Studio Enterprise 8.1 delivers the following capabilities over Netbeans 5.0:

• Integrated modeling with Unified Modeling Language (UML)
• Instant developer collaboration
• Enterprise Application Profiler
• Portlet Builder
• Java Application Verification Kit
• Sample blueprints for J2EE applications
  
• Deployment to WebSphere 6.0

The complete detail of above feaure about Java Studio Enterprise 8.1 can be read at Sun’s website.

Also visit this link to see a visual demo of these features online and if you are a SDN member then you can download java studio for free..

Sun Technology Summit,07 ,Bangalore

Well Fridays are always charming and full of enthusiasm. It was Sun technology summit in Bangalore at Hotel Taj. Thought it was a working day but I thought to better attend this event. The main reason why I went there is my love for Java and web technologies and Mr. Scott McNealy (one of the co-founder of Sun) was coming to address the event. It was great to listen to people like him who really changed the business model of software industry. He talked about how India’s growing developer workforce and how they can contribute to sun’s overall API development as communities. He also explained how Java will earn profit for Sun after making it open source (Free), similar to the way Google is earning its pie. The whole aim of the event was to showcase the Sun’s complete technology suit and new arrivals for developers.

Apart from business and technology McNealy also discussed the concept of providing education material or tutorials for students over the net for free, and the initiative is already up and available called as “Curriki”. I feel this is really noble cause and education should be given 1^st priority for any child. I request everyone to register at Curriki website and contribute as many learning material as they can to it. They have wide range of topics to choose from and membership is again free and a ClickAway (I think in his whole talk he used this word “ClickAway” most number of times)

After McNealy’s talk there were sessions on New features in J2SE 5 and 6 , SOA and Glassfish project , NetBeans Extreme, Open Solaris 10, DTrace , ZFS file system and Java Persistence API . I was really amazed to see the capabilities of NetBeans 5.5 for developing web apps so smoothly and I realized that it’s a serious kill for MS Dot NET . Now NetBeans gives you a Drop n Drag features to build complex application in no time with all framework support and Derby database is inbuilt in it.. Loads of features to explore. Another session I liked was about Java Persistence API. Sun has come up with new release of EJB that is EJB 3.0 and it has got lot of new features and few changes in old concepts of Entity Beans. They have extensively used Annotation in persistence API. They also gave free DVD of NetBeans and Open Solaris to all the participants.

All together it was a nice experience being at the event and I hope more companies will come forward and organize such kind of talks /sessions for developer and let the world what’s really happening out there.