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How to compare relative performance between stocks and indices ?You can compare the relative performance by using the compare option on charts. The compare function tool is used to compare the market movements of two or more different symbols simultaneously. Popular use for a comparison chart is comparing two companies within the same sector. Click on the 'Compare or Add symbol button' (displayed as plus sign) on the toolbar along the top of the chart, search and add the indices/stock which you would like to compare. You will see a representation of the percentage comparison from the beginning price point to the current price. To delete the comparison line right-click on it and click on ‘Remove’. This example is comparison chart of Nifty Bank and Nifty PSU Bank. After 13 years approx i.e. November, 2010 - December, 2023: Nifty Bank - 263% Positive Nifty PSU Bank - 6% Positive I hope this little information on comparing indices/stocks is useful. Please feel free to write any additional information in the comments section below. Thanks and happy learning/trading. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CNXPSUBANKEducation
by MandeepSinghKohli
4
How to compare relative performance between stocks and indices ?You can compare the relative performance by using the compare option on charts. The compare function tool is used to compare the market movements of two or more different symbols simultaneously. Popular use for a comparison chart is comparing two companies within the same sector. Click on the Compare or Add symbol button (displayed as plus sign) on the toolbar along the top of the chart, search and add the indices/stock which you would like to compare. You will see a representation of the percentage comparison from the beginning price point to the current price. To delete the comparison line right-click on it and click on ‘Remove’. This example is comparison chart of Nifty Bank and Nifty PSU Bank. After 12 years i.e. 1st November, 2010 - 7th November, 2022: Nifty Bank - 214% Positive Nifty PSU Bank - 31% Negative Nifty PSU Bank has given breakout. I hope this little information on comparing indices/stocks is useful. Please feel free to write any additional information in the comments section below. Thanks and happy learning/trading. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CNXPSUBANKEducation
by MandeepSinghKohli
Q&A_ Why positional trading is easy as compare to intraday?I have often heard and experienced that intraday trading is tough as compare to positional or swing trading. Let's figure out why... 1. Because about 90% of Indian traders are buyers: Yes, you’ve heard it right. Shorting is common in western markets but, as Indians, we love going long. 2. You cannot "short" in positional trades (Cash): You have to "buy" in cash markets. You can’t short, therefore the crowd makes the price move upwards more often whereas, in intraday, you can short very easily. 3. The Algos: Higher time frames are comparatively easy to trade (For eg. 1 day or 1 week), whereas, smaller time frames used in intraday (like 1 minute, 5 minute or 15 minute) are full of “bots” or say “algos” and definitely you can not compete against algos. 4. The big picture: In the long term, as our history reveals, the market always goes upside (due to inflation, interest rate or corporate bond yields up down, etc.). Therefore, suppose if you’ve bought any share, you don’t have that much pressure to sell your stock, resulting in much of the trades ending in profit. 5. The margin: Big Intraday positions can be taken with the "extra margin" provided by the brokers. Well, it's a "double edged sword". It increases your profit as well as "loss" potential. Smaller capitals are easily wiped out in pursuit of big profits. Conclusion: Since the emotional quotient is hugely required when trading the markets (especially in intraday trading), in the shorter time frames (or say intraday), the algos make it worse for “Human” traders due to “emotional” factor. Avoiding intraday trades and switching to Positional or Swing Trading is best for newbies. Terms explained: (i) Intraday: The trades which are opened and closed in a single day i.e. (before 3:15 or 3:20 PM). The newbie traders opt for this as it provides leverage to trade. (ii) Positional or Swing Trade: The shares bought with full cash. The trade which remains open from days to weeks or months, is called Positional or Swing Trade. Disclaimer: This article, by any means does not indicate that you should start trading in the markets. Proper knowledge and risk assessment is crucially required for being successful in this field.
NSE:NIFTY
by UnknownUnicorn7637383