Compare & Review stock brokers , get real time stock updates

#1
This thread is for those starting to invest in the Indian stock market. Starting out i always had this doubt as to which broker can provide services as per needs and not just to make money.
I will discuss the pros and cons of various stock brokers in India and compare their performance based on stats accumulated over time.I will also discuss the various methods to analyse stocks i.e covering technical analysis of stocks in great detail.

Apart from that you can get free real time stock tips from all the brokers through a site which i stumbled onto recently and wish i had done a few months back: https://bestbrokerindia.com/index.html.

So without wasting any more time i will dig right into it and provide you with some golden rules to stock investing:

1. Avoid the herd mentality
The typical buyer's decision is usually heavily influenced by the actions of his acquaintances, neighbours or relatives. Thus, if everybody around is investing in a particular stock, the tendency for potential investors is to do the same. But this strategy is bound to backfire in the long run.
2. Take informed decision
Proper research should always be undertaken before investing in stocks. But that is rarely done. Investors generally go by the name of a company or the industry they belong to. This is, however, not the right way of putting one's money into the stock market.
3. Follow a disciplined investment approach
Historically it has been witnessed that even great bull runs have shown bouts of panic moments. The volatility witnessed in the markets has inevitably made investors lose money despite the great bull runs.
However, the investors who put in money systematically, in the right shares and held on to their investments patiently have been seen generating outstanding returns. Hence, it is prudent to have patience and follow a disciplined investment approach besides keeping a long-term broad picture in mind.
Here are few key rules for disciplined approach from Warren Buffet :Rules That Warren Buffett Lives By
4. Do not let emotions cloud your judgement
Many investors have been losing money in stock markets due to their inability to control emotions, particularly fear and greed. In a bull market, the lure of quick wealth is difficult to resist. Greed augments when investors hear stories of fabulous returns being made in the stock market in a short period of time. This leads them to speculate, buy shares of unknown companies or create heavy positions in the futures segment without really understanding the risks involved.
5. Always be open to second opinion
Look for advice wherever possible as stock market is a risky game and hence having some help regarding few stocks which is readily available with stock brokers who can sometimes provide clients with decent tips. I stumble upon this website which helped me with my analysis and also provide a second opinion while picking good stocks : Find the Best Share Broker
7. Create a broad portfolio
Diversification of portfolio across asset classes and instruments is the key factor to earn optimum returns on investments with minimum risk. Level of diversification depends on each investor's risk taking capacity.
8. Have realistic expectations
There's nothing wrong with hoping for the 'best' from your investments, but you could be heading for trouble if your financial goals are based on unrealistic assumptions. For instance, lots of stocks have generated more than 50 per cent returns during the great bull run of recent years.
9. Monitor rigorously
We are living in a global village. Any important event happening in any part of the world has an impact on our financial markets. Hence we need to constantly monitor our portfolio and keep affecting the desired changes in it.
Also since Investing in stock markets is difficult , i would like to provide some motivation to you with these quotes: 29 Warren Buffett Quotes on Investing, Life & Success | Rule #1...