Panchakarma of Investing!

Ever since I started in the stock market which was way back during my engineering its been a rocky ride, with lots of surprises... You can get rich or poor in just a day... And for one thing, nobody can predict the market just like "Life"! There are a million parameters you have to consider before you buy a stock and hence good amount of research is required before you make your pick...
For beginner's in the Indian market -
Get a brokerage account which charges less commission such as india bulls, india infonline - 5paisa or sharekhan
Create portfolio on moneycontrol.com
Check out rediff money for stock updates
Read Economic Times

Panchakarma of Investing:

1. Don't put all ur money in one stock. I recommend keeping 3 stocks at any point of time. Keep your portfolio small.
2. Don't bleed - Cut down your losses before it is too late! Sell a stock if it goes down by 15%. And the loss will be a good lesson learnt!
3. Don't be greedy - keep a min and max profit margin before u actually buy.
4. Buy stocks which have long term growth and look for small companies that might turn big - when demand increases so do profits!
5. Don't invest when market is trading is at an abnormally high valuation - Wait. After a high there will be a fall!

What you do is what you get!
-Panchakarma ;-)

New Year 2008

the last 2 weeks of 2007 went absolutely fast! Roaming around bengaluru, meeting friends and had my japanese class on the weekend(22nd & 23rd), finally went to ccorg with an assorted friends group. one my old friend from 12th- Navyanth, another my friend from Engineering - Arun, and another my ex-colleague at Caritor (Now Keane). It was a short trip to coorg. It was the first for Arun and Manjunath.
After that after a day's gap left for wayanad with my college friends...