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What are the first steps to invest in the Indian stock market? How do you open a Demat account and start buying shares?

I am going to ignore your question and share 5 proven steps to get started investing.Starting your first investment is a lot like climbing a mountain.You’re starting from ground zero with a lot of enthusiasm, but when you realize you have to climb for days to get anywhere, that enthusiasm often turns into the feeling of being overwhelmed.But when it comes to your investing career, the weather conditions, metaphorically speaking, are terrible as well.Hold on! You have made a smart move to invest in Equity, popularly called as shares. Indian GDP is growing at 6%-7% per annum and as thumb-rule equities deliver return which is equal to GDP growth + Inflation. Equities are best investment vehicle used as a hedge against inflation.Hey! getting started with your first investments is not terribly difficult - Here's what I would do to start my first investment and build up to $1000, $2000, $10,000………permonth in "passive" income.SEBI regulated a tight charge over documents submission. So this makes it a most crucial step. Your names, dates, and signature should be identical on all of your submitted docs.Below are the exact 4 basic documents that one need to get registered as a stock trader with SEBI.PAN cardIdentity proof (Aadhar card, driving license etc)Bank statement (last 6 month)Cancelled chequeThese are the basic documents. However, in some rare case, additional documents are needed. Consult the broker for the same.In addition, you would also have to fill up the registration form to which the above documents would be attached (highlighted in next step).But where do you submit the damn documents?This is what I’m going to show you in step 2.Not only brokers help you to get your documents verified with SEBI, they also facilitate live trading in stock market. You can buy and sell stocks with just one call or one click (on trading app, platforms)What you’ve to do is contact a broker and deliver them registration form with above-attached documents.But still one should choose a broker with great attention. Some brokers charge so high that most of your profit is swallowed by their charges. An uncle of mine generated a brokerage of 1.5 lakh in 2 months on F&O trading. I was baffled after seeing his charge-sheet.When was the last time you read an investing book or an economic magazine article? Do your daily reading habits center around hot tips tweets, Facebook updates, or the directions on moneycontrol website? If you’re one of the countless people who doesn't make a habit of reading books and articles regularly, you might be missing out: reading has a significant number of benefits on your investments and your market behavior.Step away from your computer stock screen for a little while, crack open a book, and replenish your soul for a little while.Below are 3 books which are highly recommended to beginners.Stocks to Riches: Insights on Investor Behavior (by Parag Parikh)My personal opinion: At my earlier days, I started reading highly suggested books but didn’t benefit more than this book. In my opinion, this book is a key to understanding other books. Just an extremely insightful book of great practical value that every investor, both beginners and the experienced, should read. No more words.Rich Dad Poor Dad (by Robert T. Kiyosaki)My personal opinion: This is my all time favorite. This book has also qualified for the Amazon Best Reads List – June’16. This book what made me understand the crux of value investing and spread a great message of how money makes money.The Little Book That Still Beats the Market (by Joel Greenblatt)Side Note: Still I’m finding this book to read. Also tried to buy this book on Amazon but not in stock. Contact me personally if you can endorse this book to me. I read summary and reviews of others on this book and find it interesting. He made the value investing simple by just following ROCE and ROE matrix.Edit: I finally got the book.However, when you’re done with above books. Try your luck on some more detailed books here - 11 books that will change the way you look at stock marketNow you’re all done. You got registered with a broker and learned about the stock market. The next step will show you how to stand out from everyone out there...What I like to do next is become a pro trader by tracking my performance, nearly daily.Well quoted by Anurag Bhatia in another answer of the same question.“Maintain a trading journal. Practice paper trading. Yes, you have to practice trading every day to be above average at it. Just like the world's best athletes practice every day”However, you don’t have to make a trading journal, if you’re registered with Zerodha. As they have an inbuilt Q platform to track daily, weekly, monthly……. performance. Get more of it here.This is the most important stage to make yourself a successful investor. Everyday tracks your profit and loss. You don’t have to give hours, 15 minutes will be enough.What you have to do is whenever you have a profit activate your flashback and figure out what made you invest in this share and mark that criterion as a good evaluator of share. And same applies to the loss position in opposite way.When you have traded for a couple of months, nearly daily and got great insights of the market, open up Q platform, track your past transaction and create an algorithm.…….and do whatever you need to cultivate maximum profit from stock market fluctuation.Create your strategy………Create your parameters……….Create your own disciples……….In-short, rely on yourself and trade like a boss. Don’t get influenced by other traders, instead, influence them by your moves.This is where the real money will be made. There are no shortcuts in this process...this is how it's done.Just remember one thing:Following others will not make you rich. Making others follow you will make you rich.Hit me up on my website if you need any help.Stay invested in Sensex or Nifty 50. Normally shares of this category don't tumble more than 5% per day. Exceptions are always there but it's better than mid or small cap stocks. Once you get some experience in the field, choose your stock by your own analysis and own strategy.Go for short term trading (although, I’m a great enemy of short term trading) but as a beginner, you’ll not invest much so you should try with a short run. If you invested for the long run, you’ll lose your interest in some time.Keep the volume of traded money equal to the money which will not make you unhappy, if you lost them.Don’t get trapped in the vicious circle of brokers, advisers…. If their advice are so much effective than they would have been trading shares, not selling their advice.Here’s the reality: You’re in a tough spot.Starting investment profitably for a layman is not easy, but if you’re willing to put in consistent effort, it can be done.I’ve shown you four of the most effective steps I know to get started investing for a newbie. I encourage you to just focus on above steps until you create a sound money making a portfolio.If you’re looking for a bigger guide (with an illustration of a stock), this might help you - How to start investing: A complete guide from "आहा..." to "oh! shit"If you’ve additional advice for newbies or have any sound investment strategy to share with others, I’d love to hear about them in the comments below.

How was your FMS, Delhi interview experience?

Date - April 16 ( 10:00 AM slot)Venue - FMS DelhiProfileX- 89.50%(Gujarat Board)XII - 92.62% (Gujarat Board)BTech (Mechanical) - 81.2% (NITK Surathkal)CAT - 99.81General | Engineer | Male | FresherGD - Simplicity is the sole reason for success(Not verbatim- it was something along these lines)GD was arguably the most important part of the selection process because the panelists who evaluate your GD take your interview as well. There were 8 of us and so we were given 9(8+1) minutes to discuss. I began the GD. Spoke for more than a minute, drew contrasts by giving out examples. Pitched in 3-4 times more. Added that though simplicity is one of the most important virtues, it wouldn’t be right to call it the sole reason. Talked about Mr. Manohar Parrikar as well. Overall, I felt I did a really good job in the GD.PI - I was the penultimate person in my panel. Our panel was taking 8-10 minute interviews. Finally my turn came at 11:40.I entered the interview room and saw 2 female panelists F1 and F2.Me: Good morning ma’am.F1: Good morning.Me: May I? (pointing to the chair)F1: Yes please.P1: So Praharsh, you’re still studying, is it? .Me: Yes ma’am.F1(Looking at my form): You’re studying in an NIT.Me: Yes ma’am. I’m in my final year pursuing mechanical engineering from NITK Surathkal.F1: What have you done in college?Me: ToldF1: Tell us about the social initiative you’ve mentioned in your form.Me: ToldF1: Okay, we’ll now give you a topic. You have to speak on it for 1 minute. Your topic is CRY.I knew FMS often gave weird topics. So I wasn’t flustered.Me: Cry is characterized by flow of tears. A person could cry in a happy situation or in a sad one. Say for a mother, her baby’s first cry is extremely special….I was going on when I was interrupted by P1P1: Do you even know what your topic is? It’s the foundation CRY.Me: Oh (I was like wtf).Both of them chuckled.Me: So should I continue or should I restart with my new topic.F1: Start again.I had absolutely no clue of what CRY was, what it did,etc.Me: Said a few very generic statements none of which were related to CRY.F1 interrupted again.F1: Do you know what CRY does?Me(sheepishly): No ma'amF1: No problem. Know of any other organization?Me: I didn’t know anything so I said PETAF1: Okay so PETA is your topic.Me: I knew what PETA did but I didn’t know much about them.But still I spoke for 40-45 seconds and stopped.F1: You still have time.Me: Said something rubbishF1: Okay stop. Do you follow news?Me: Yes ma’am, I do.F1: Tell me some recent news.Me: Right now, elections are going on..F1: No, not elections. Something else.Me: Jet Airways crisis.F1: Anything else?Me: Some time back, the share price of Tata Motors fell a lot in a single day.Finally they found something interestingF1: Why did the price fall?Me: Explained wellF1: What did they do to overcome this?Me: I didn't know and I should have said the same but I still spoke.Ma'am, when a business isn't doing well, a company must evaluate their target market because businesses cater to consumer needs.F1: Who taught you all these fancy terms?Me(smiled): Ma'am, the main aim of any business is profit maximization(Blunder)F1: No no no. It's not to make profits.Me(trying to make up): Sorry ma'am, it's to maximize wealth.F1: Yes. You should read an article (She told some name which I forgot immediately)Me: Yes ma'am, I'm sorry. I made a mistake.F1: Don't be sorry. It's fine.F1: So are you interested in stocks?Me: No ma'am, not much.F1: Do you know what Sensex is?Me: ToldF1: How are these stocks decided?Me: I don't know.F1: No issues. We're done. You may leave.When I was about to reach the door, P1 calls out.F1: What's the meaning of your name?Me: Ma'am, Harsh means happiness and Pra means extra. So Praharsh means extra happiness.Both of them smiled.F1: Okay.Verdict: Straight ConvertThis reaffirmed the fact that GD is the most important part since I had a below average interview but a really good GD.

How does MySQL optimize queries?

Query optimization include various steps. Few are as follows:Optimizing SELECT StatementsQueries, in the form of SELECT statements, perform all the lookup operations in the database. Tuning these statements is a top priority, whether to achieve sub-second response times for dynamic web pages, or to chop hours off the time to generate huge overnight reports.Besides SELECT statements, the tuning techniques for queries also apply to constructs such as CREATE TABLE...AS SELECT, INSERT INTO...SELECT, and WHERE clauses in DELETE statements. Those statements have additional performance considerations because they combine write operations with the read-oriented query operations.In MySQL NDB Cluster 7.2 and later, the NDB storage engine supports a join pushdown optimization whereby a qualifying join is sent in its entirety to NDB Cluster data nodes, where it can be distributed among them and executed in parallel. For more information about this optimization, see Conditions for NDB pushdown joins.The main considerations for optimizing queries are:To make a slow SELECT ... WHERE query faster, the first thing to check is whether you can add an index. Set up indexes on columns used in the WHERE clause, to speed up evaluation, filtering, and the final retrieval of results. To avoid wasted disk space, construct a small set of indexes that speed up many related queries used in your application.Indexes are especially important for queries that reference different tables, using features such as joins and foreign keys. You can use the EXPLAIN statement to determine which indexes are used for a SELECT.Isolate and tune any part of the query, such as a function call, that takes excessive time. Depending on how the query is structured, a function could be called once for every row in the result set, or even once for every row in the table, greatly magnifying any inefficiency.Minimize the number of full table scans in your queries, particularly for big tables.Keep table statistics up to date by using the ANALYZE TABLE statement periodically, so the optimizer has the information needed to construct an efficient execution plan.Learn the tuning techniques, indexing techniques, and configuration parameters that are specific to the storage engine for each table. Both InnoDB and MyISAM have sets of guidelines for enabling and sustaining high performance in queries.Avoid transforming the query in ways that make it hard to understand, especially if the optimizer does some of the same transformations automatically.If a performance issue is not easily solved by one of the basic guidelines, investigate the internal details of the specific query by reading the EXPLAIN plan and adjusting your indexes, WHERE clauses, join clauses, and so on. (When you reach a certain level of expertise, reading the EXPLAIN plan might be your first step for every query.)Adjust the size and properties of the memory areas that MySQL uses for caching. With efficient use of the InnoDB buffer pool, MyISAM key cache, and the MySQL query cache, repeated queries run faster because the results are retrieved from memory the second and subsequent times.Even for a query that runs fast using the cache memory areas, you might still optimize further so that they require less cache memory, making your application more scalable. Scalability means that your application can handle more simultaneous users, larger requests, and so on without experiencing a big drop in performance.Deal with locking issues, where the speed of your query might be affected by other sessions accessing the tables at the same time.Subquery OptimizationCertain optimizations are applicable to comparisons that use the IN operator to test subquery results (or that use =ANY, which is equivalent). This section discusses these optimizations, particularly with regard to the challenges that NULL values present. The last part of the discussion suggests how you can help the optimizer.Optimizing INFORMATION_SCHEMA QueriesApplications that monitor databases may make frequent use of INFORMATION_SCHEMA tables. Certain types of queries for INFORMATION_SCHEMA tables can be optimized to execute more quickly. The goal is to minimize file operations (for example, scanning a directory or opening a table file) to collect the information that makes up these dynamic tables.Try to use constant lookup values for database and table names in the WHERE clauseYou can take advantage of this principle as follows:To look up databases or tables, use expressions that evaluate to a constant, such as literal values, functions that return a constant, or scalar subqueries.Avoid queries that use a nonconstant database name lookup value (or no lookup value) because they require a scan of the data directory to find matching database directory names.Within a database, avoid queries that use a nonconstant table name lookup value (or no lookup value) because they require a scan of the database directory to find matching table files.Optimizing Data Change StatementsThis section explains how to speed up data change statements: INSERT, UPDATE, and DELETE. Traditional OLTP applications and modern web applications typically do many small data change operations, where concurrency is vital. Data analysis and reporting applications typically run data change operations that affect many rows at once, where the main considerations is the I/O to write large amounts of data and keep indexes up-to-date. For inserting and updating large volumes of data (known in the industry as ETL, for “extract-transform-load”), sometimes you use other SQL statements or external commands, that mimic the effects of INSERT, UPDATE, and DELETE statements.Optimizing Database PrivilegesThe more complex your privilege setup, the more overhead applies to all SQL statements. Simplifying the privileges established by GRANT statements enables MySQL to reduce permission-checking overhead when clients execute statements. For example, if you do not grant any table-level or column-level privileges, the server need not ever check the contents of the tables_priv and columns_priv tables. Similarly, if you place no resource limits on any accounts, the server does not have to perform resource counting. If you have a very high statement-processing load, consider using a simplified grant structure to reduce permission-checking overhead.Other Optimization TipsThis section lists a number of miscellaneous tips for improving query processing speed:If your application makes several database requests to perform related updates, combining the statements into a stored routine can help performance. Similarly, if your application computes a single result based on several column values or large volumes of data, combining the computation into a UDF (user-defined function) can help performance. The resulting fast database operations are then available to be reused by other queries, applications, and even code written in different programming languages.To fix any compression issues that occur with ARCHIVE tables, use OPTIMIZE TABLE.If possible, classify reports as “live” or as “statistical”, where data needed for statistical reports is created only from summary tables that are generated periodically from the live data.If you have data that does not conform well to a rows-and-columns table structure, you can pack and store data into a BLOB column. In this case, you must provide code in your application to pack and unpack information, but this might save I/O operations to read and write the sets of related values.With Web servers, store images and other binary assets as files, with the path name stored in the database rather than the file itself. Most Web servers are better at caching files than database contents, so using files is generally faster. (Although you must handle backups and storage issues yourself in this case.)If you need really high speed, look at the low-level MySQL interfaces. For example, by accessing the MySQL InnoDB or MyISAM storage engine directly, you could get a substantial speed increase compared to using the SQL interface.Replication can provide a performance benefit for some operations. You can distribute client retrievals among replication servers to split up the load. To avoid slowing down the master while making backups, you can make backups using a slave server.

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