Good Preparation Is The Key To Better Share Trading
If you have been thinking of earning some money in your free time or considering
investing your hard-earned money somewhere, it is opportune time you give Indian stock market a shot. Share trading is not that difficult as you have been led to thinking. In fact, it is one of the best ways of earning with your money. I know some people just cringe when they hear about share trading and very well so. Considering the amount of bad publicity the share market has gotten, it is not surprising. I mean we all hear about multi-million crore scams that occassionally hit the market, the short lived bull runs and the dreaded bear runs, the huge losses people incur while trading and you immediately make the picture of a millionair investor going broke.Lack of awareness and credible information on stock trading also attributes to people not giving a thought to investment in share market. Moroever, the overwhelming technicalities like indices, nifty options, nifty futures, intraday trading, bull and bear markets, derivatives, margin trading, forex, short selling scare people a good deal well before they decide to enter the market. During my span as a stock investment analyst, I have seen many people entering into the markets unprepared. They are either derived by instant gains and high riches overnight or are propelled by a peer whos investments have paid off well. Remember, Reliance Power IPO that swept through the nation with the promises of high returns and ending up disappointing every investor and trader, big or small. At those times, everyone wanted to cash in on the high wave, even people who had never heard of stock market wanted to grab the piece of pie. Well, unfortunately everyone who came unprepared ended up losing money. Therefore, I cant stress enough that when you come prepared, equip yourself with the essential knowledge of markets and associate with a good brokerage firm, youll be in much better position of weathering the bad weather in share market. This is far better than coming unprepared, suffering loses, quitting sooner and cursing the share market.
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