Fundamentals of Stock Trading:
Lot of people think that stock trading is easy and it is like gambling. You just buy at low price and sell at high price. While it is true that it is possible to achive that in no time then I think so many people will start doing that and earn lots of money. Infact many people who come in to this market leave the market in no time after loosing all of their money.
So here are some of the fundamentals that you should know/do before plunge into the market
1. Do lots of reading about the stock market and how it works
2. Attend few seminars on stock trading by professionals to gain more insight
3. Study about fundamental analysis
4. Study about technical analysis
5. Do paper trading / observe the market for some time
6. Control you greed and emotions
7. Take small trades first
Looking for option trading advice? Before receiving any advise learn about that first
No comments:
Post a Comment