Top 10 India’s Stock Broking Houses

Its normal phenomenon many times new investor or trader gets confusion for open a D Mat and trading Account in Broking house. Many of Broking House promises to you for better service but clients get problem due to trading session in theirs Broker house firms.

Here we are providing list of top 10 India’s Broking Houses on base of survey of investor and trader of many cities. In their views following Broking Houses gives best and reliable services to their clients.

1. ICICI direct.com

2. India Infoline

3. Kotak Securities Ltd.

4. Share Khan

5. Indiabulls

6. Motilal Oswal

7. Bajaj Capital

8. SMC

9. Angel Broking

10. Reliance Money

US growth seen up to 4pc in 2011

The US economic recovery is gaining traction and appears poised for growth of up to 4 per cent this year, Federal Reserve Chairman Ben Bernanke said on Thursday.

“We see the economy strengthening,” Bernanke said at small-business forum in Fairfax, a Virginia suburb of Washington. “Three or four per cent-type of growth seems reasonable.” In its latest projections in early November, the Fed forecast GDP growth at between 3 and 3.6 per cent by the end of the year.“I think deflation risk has receded considerably,” Bernanke told the business executives.

Fed officials had expressed concern a few months ago that deflation -- a pernicious downward spiral of prices and wages -- could take hold amid slack demand in an economy struggling to recover from severe recession.

The risk of deflation was a key factor in the Fed’s decision to boost its support of the economy, particularly through a $600 billion asset purchases plan announced in November.

Bernanke on Friday signalled the recovery would pick up slightly this year, but warned it would not be enough to reduce persistently high unemployment, which stood at 9.4 per cent rate in December.

On Wednesday, a central bank report showed the US economy had expanded “moderately” in recent months.

Pakistan can play greater role in global market: USAID

Pakistan’s size, geographical importance, and abundant natural resources give it a strategic position to play greater role in the global market, Mission Director, USAID, Dr Andrew Sisson said on Friday.

Dr Andrew Sisson was speaking at the Public-Private Sector Consultative Round table Meeting on Trade, organised by the United States Agency for International Development’s Pakistan Trade Project with support of Ministry of Commerce.

Sisson said that the roundtable was organised with an aim to develop a platform to work together for helping Pakistan achieve the status of playing even greater role in the world market. “Several important trade initiatives are already underway, through USAID’s Trade Project, which is working to help modernize Pakistan’s trade environment, support a level playing filed for all industries and help businesses access export opportunities,” he added.

USAID was also helping to improve the effectiveness of the commercial officers program to promote and facilitate trade, develop an electronic trade portal as a valuable online tool for the government, Pakistani exporters and international buyers to access real time information.

He said the agency was also providing analytical assistance to identify opportunities for trade facilitation and support border post infrastructure development such as the high bridges for Chaman and Torkham.

Highlighting the importance of healthy investment climate, he said that conducive atmosphere could help spur prosperity through economic development besides starting and running a business, creating environment where complying with regulations brings more benefits than costs, spurning innovation, encouraging entrepreneurship and new ideas as more of the world’s markets are given the opportunity to enjoy Pakistani goods products.

He said that Public and Private collaborations were extremely powerful tool for development which have provided enduring solutions to some of greatest challenges in the past.

What Question New Forex Trader Ask?

1 - What is your approach to trading in periods between news releases?

2 - Do you trade in these times of more gradual market activity, and if so, what are your rules for entry and exit?

3 - Which charts (1 min through monthly) do you refer to for entry and exit in these periods and the relevance of each?

1 - What is the relationship between fundamentals and technical in these periods?

If there is no imminent risk of news associated spikes, prices are inclined to slower movement in a well defined direction (technical forex trading). When prices touch a crucial levels instability starts to surge and the possibility of a huge earning trade emerges. Without any news alarm, fault lines can be broken, on the other hand huge position shift cause news shocks. In the absence of fundamental news, technical take over takes place.

2 - What is a minimum acceptable ratio of profitable trades (to develop a forex trading system)

Right or wrong is not the standard for a successful forex trading, in fact its all about return on equity, if the money in your forex trading account is growing you are successful. The great Chicago commodity traders in 1980?s applied breakout system that lost 90% of their trades but they made profit by positive three digit percent returns for years. All they did was when they got it right they rode it for all that was worth and when they were not right they exit without any further delay.

On the other hand the broker, he invests his money by buying at his buy price (bid) and selling at his sell price (offer) and usually seize the price difference between them. That?s how your broker makes money and you lose money in forex trading.

The importance of profitability forex trades ratio is irrelevant in shaping forex trading success; on the other hand psychological effect can be important. It becomes much more difficult to pull the trigger on the trade, once you have lost money on successive trades. This is an effective technique for new forex trader for forex trading.

3 - What is the average frequency that you trade (5 times a day, once every two days)?

Once every two days.

4 - What is the average number of points per profitable trade a new trader should expect over a period of 6 months?

New comers in forex trade should consider a no profit no loss result to be good during the first 6 months of forex trading period.

5 - While results will inevitably vary from person to person, what is a reasonable benchmark profit expectation for a new trader in the first 6 months of forex trading one contract?

In forex trading if you choose a results that is neither profit nor loss than you are doing good. If you participate in an active forex trade then the chances are that you will loose your stake. Exceptions are rare.