That old dialogue or saying is : You can come in easily, but ca not get out that easy with profits.
Same rules applies here in relation to stepping into stock market as well. You can open account, and get into stock market business or trading very easily and start trading, but it is not that easy to keep earning ONLY daily and to get out or to keep earning consistently. Actually they see charts and see fundamentals and all, but in fact there is not such formula which you can have to earn and earn only in stock market. Its is about right trade at right time at right price. And really its that is it. But yes, if you apply one sure shot formula, you can stay in market for long and that is called patient. If you have this and little more study with this, you can emerge as the sure shot winner in long or short term.
I also have mentioned few helping points over this topic on my other blog HOW TO EARN IN STOCK MARKET IN ANY BAD OR GOOD CONDITIONS on this same website. You can have a look on that too. There you will find lots of advice and point on how to earn in stock market by planning very safe, how you can be a good investor for life, doing with different segments like Future and Options and various strategies, how much and when to invest and when to get out, how to keep churning your portfolio, and when exactly to trade on news, how many ideal stocks you should have in your portfolio at a time, lots of research with study and much more you can find there on that page. A to Z advice is there. Just visit if you like.
Than too few point I would like to advice to improve your knowledge for stock market and to be safe and keep earning always. Join stock market only after you complete study if you are a student or pursuing any degree.
If you are a student for example, and if you are doing a bit also in stock market, you won’t be able to concentrate on study, just because stock market is like very attractive thing and you will always keep watching rates and news, and during market hours you will constantly into that, and so you won’t be able to study well in between the lines. <br>Secondly, if you are not student than too do not depend only on stock market fro your bread and butter unless you are a stock broker yourself and that is your serious business. If you have other stable business, you can make it both and you won’t be worries if your trades do not go well and if you do not earn as well. If you would have spare money and spare business, you will easily be able to cope up the expenses for you and family.
Once you are in market, you will gradually won’t be valuing Money like before. For example, if you have to go walking somewhere which his hardly 500 meter away, than too you will hire a cab and will pay for that thinking that you will earn that little looking amount in a fraction of second tomorrow in stock market. Earlier you used to walk and respect Money, now it has become secondary for you. Next, invest only extra money that you have in stock market. If you lose that, you are OK and won’t face any crisis. If you earn, you have a bonus. So always have a first thought of safety rather than playing in stock market.
Now coming to the point, let me tell you some facts and advice for those who want to get into stock market and hardly knows anything regarding the same. Make a habit to read lots of financial newspapers daily, or read as much as possible. Log in on TV and watch news and stock related channels like Bloomberg or CNBC or so. Keep yourself in front of these things on daily basis, make it a routine. SO you will start becoming alert and open about current financial happenings, stock market business and news, volumes, world markets and its happenings, movements and much more.
GO and open Trading and Demat Account with the reputed stock broker in your area. And start trading with the small amount only and do smaller trades till you get confident of it. Sometimes you will lose and sometime you will earn while you are learning.
We hope this article is helpful and useful for you. We will keep you posting and update on this topic.
GOOD LUCK 🙂