Friday, February 7, 2020

Share Market Beginners Guide



 Share Market Beginners Guide

© by CHARTIST blog


If you are new to Share Market and what to know about it ?

Are you interested to know how to get started ?


Here below you will find some important steps to start with and make investment in the stock market.

Important steps to follow to invest in the stock market :--
  1)      Before starting understand your own financial situation and decide your stop loss levels, that till how much percentage loss you can bear if in case the market prices goes against your position.

  2)      Know and understand your investments need, goal and time frame.

  3)      Understand the market and its dynamics.

  4)      Read about different strategies.

  5)      Decide and stick to the strategy you are following.

  6)      Have faith in your own decisions and study.

  7)      Keep vigilant on global news front.

  8)      Always read news related to your holding sectors and shares in particular.

  9)      Never mix trading and investing.

  10)   Most investor ignores small day to day news on particular companies stock or market. As investors always having the medium to long term horizon, so these shorter term developments doesn’t affect there investments.

  
11)   Traders who trade for intraday to few days positional trade, only they used to act upon day to day news and developments.

  12)   Always track your portfolio.

  13)   Keep track on company’s fundamentals and results.

  14)   Always consider technical analysis and charts reading before entering and exiting from the market or any particular company’s shares.

  15)   Follow some fundamental experts for their opinions but always analyse yourself over and above there opinions as you only knows your financial situation, more than anyone else.

  16)    Never try to chase the stock price, if you do this 10 times than I assure you that you will create holes in your pocket at least 7-8 times out of 10 times.

  17)   Buy a good fundamental story which you thinks is about to unfold in near future.

  18)   Try to find out which company is a possible turnaround story, by using looking at the company results of at least last 3 years.

  19)   Buy a stock when it is oversold condition and spend a quite some time in oversold levels, this way there are chances you can make good returns on your invested money, but need to take caution also as you must need to know and keep track on news flows also as why the stock falls so much and why it is keeping low for so many weeks and months. After understanding all that take a call and act upon your study.

  
20)   Thumb rule never follow the crowd.

  21)   Thumb rule never follow tips and news flows from unreliable sources.

  22)   Thumb rule never use Loan amount for investing and trading into stock market.

  23)   Thumb rule always fix your own target in percentage form for each of your investment.

  24)   Thumb rule never put all your eggs into one basket, means never invest all of your money into one company stock, always distribute and balance your money into different stocks from different sector category, this way you are safe guarding your invested money.

  25)   Thumb rule never ever get emotionally attached to any particular company stocks.

  26)   Thumb rule always learn from mistakes and don’t shy to admit your own mistakes you have done in stock market investing, accept the fact.

  27)   Most important rule: Remember all above points and write it down on a paper and pin it just next to your computer screen on your desk, so it will always remind and restrict you from going wrong.


Please Note: Besides the above mentioned points, there are many more important points and steps one needs to follow, I advise you to follow this post and blog so you will get updates on relevant topics, and do keep visiting this blog from time to time to get interesting knowledge from basics levels to the levels of experts. I hope and I am sure after reading all my old as well as future coming posts, you will feel the difference and also become an EXPERT - SUCCESSFUL - HAPPY – INVESTOR – TRADER

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Happy Investing !!!





by,
C H A R T I S T