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Shyam Metalics and Energy Limited IPO Detail, GMP, Key Dates etc

  Introduction : Incorporated in 2002 Metal Producer co, Such as  iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys Largest producers of ferro alloys in terms of installed capacity 4 th  player in the sponge iron industry.        Client List :      Jindal Stainless Limited, Rimjhim Ispat Limit are some of its domestic clients whereas Norecom DMCC, Norecom Limited, POSCO International Corporation, World Metals & Alloys, Traxys North America LLC, JM GLobal Resources, Vijayshri Steel Pvt Ltd, etc. are the international clients. Manufacturing plants  : located in Sambalpur in Odisha, Jamuria and Mangalpur in West Bengal.   Capacity to increase from 5.71 MTPA to 11.60  M TPA by 2025 Shyam Metalics and Energy Key Dates :   Date          :14-6-2021 To 16-6-2021   Fresh Issue    : Rs. 657 Cr.   OFS                : Rs. 252 Cr.   Total Issue Size   : Rs. 909 Cr.   Price Band     : 303 to 306   (Employee Discount

My 3 Problems With Paper Trading

we, all heard paper trading and for trader it is necessary these days to be successful.
what paper Trading stands for.....
It is trade of financial instrument such as stocks, options and futures using their current prices as would be buy and sell prices.
No real money is put at risk, instead Monopoly Money or Paper Money is used, Clearly, I believe that paper trading is not only beneficial, but is an absolute requirement of successful trading.
This is where most traders start their trading career anyways. It allows you to make trading decisions on paper only, so you can explore and try.

Why Do I Need To Paper Trade?

To practice trade where no actual Loss to be considered. Everyone can read about trading or take a course of trading but until you actual open up a paper trading account with a broker and start trading you will never learn exactly how it works.

As the old saying goes, There is no substitute for Practice. The more experience and education you have the more profitable you will be as a trader.

My 3 Problems With Paper Trading

I have three really big problems with paper trading in general.
First, it teaches you things  that you would not necessarily do had you been trading real hard money. Subconsciously you see it as a game instead of a learning tool.
Due to no real money is used many student or new trader take big exposure in reality if they want to start trading ideally they never do so.
Example: I take 100 lot of future position on paper trade, in real trade hardly I always start 3-4 lot. so, it is like more playing Game kind learning. Therefore, it is critical that you paper trader only trades you would and could trade with real money.
Second, paper traders always seem to focus more on trading profitability, instead of being Consistency  of whether they are ready to begin trading real money. Use the different broker platforms to test basic trading setups, make necessary adjustment  and master entry-exit points. Once you start making consistent gains with a proven trading plan, then you can venture off into the real market.
Third, Trade doesn't include emotion as actual loss is not countable. so, feeling behind the loss comes on paper doesn't make much sense on my mind. Even movement between TARGET or STOP-LOSS doesn't make bigger effect on my mind as I always consider any of two when prices reach. In reality flow of news and environment effect on mind and emotion for trade make fear on mind.


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