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Showing posts with label Unsettled. Show all posts
Showing posts with label Unsettled. Show all posts

Friday, October 07, 2011

Bulls and Bears

Bulls and Bears There was a time when I found a new interest. I have been following news and facts about this new interest for more than a year and I was really into it. This interest grew exponentially as I learn more about its tricks and techniques and the main driving force was the hope of making some extra bucks. The first thing I did was to order a book online from Dalal Street Investment Journal which I thought would help me to understand more about Capital Markets and Trading. The book “The Stock market” was delivered within two days and I was given a concession of Rs 40 for ordering the book online. Well this book has a simple language and easy to understand examples about the whole Stock Market thing. For beginners who have developed this interests and wants to understand more about the Stock market operations and Trading. I'll say its a good book.

Sparing my time everyday to read each and every chapter in this book, my interest grew beyond bounds. I remember I used to actually sit down with calculator to work on a Balance Sheet of Tata Steel and it helps. Operating margin , Profit Before Tax (PBT), Profit Before Interest and Tax (PBIT) etc was the terms I encountered and yes I kind of liked it. It makes sense to me that I learn every possible thing about a stock market before I dive in. Futures and Options was the topic that was difficult to understand. The underlying value of a commodity.. blah..blah..blah.. Hedging Funds etc ; the concept was nice to know.