Hey lovelies so for all those who don't know, I have done my masters in Finance & International Business and one thing that was always on my mind was to make money matters simplified.
Friday, March 15, 2024
Sunday, May 3, 2015
Hello
I had started my journey with stocks in 2009 and today in 2015, I feel I have a little to say!
Quite a few years have passed by when I had just started out in 2009 but today in 2015 I am armed with a lot of experience by working in stock market over the past few years. Have learnt a lot and have to still learn a lot! Learning is a never ending process. More is less!
It has been an interesting journey so far, little rough but enjoyable nonetheless. Have met a lot of interesting and various types of people and learnt quite a few lessons, some from them and some because of them.
Despite the difficulties I faced, I am absolutely in love with stock market. This is the kind of place, I would never want to leave ever excluding some short breaks cause I can't go on doing anything mechanically in a continuous flow. I need to take little breaks from time to time to sharpen my skills and see things from a long view by being on the other side and assess my self, my decisions and workings.
Have learnt a lot from my terminal too. The movement of stocks on the terminal makes me feel alive. When your right in your trade, the movement seems like a beautiful rhythm and when you are on the wrong side, it is one hell of a roller coaster ride. You know the comparision may sound a little funny but playing with stocks, I mean trading is a lot like playing subway surfers. The moment yo shift your attention and lose focus, bang on there will be an accident. You have to be absolutely attentive and completely dedicated. If your trading in stocks, you need to eat, sleep and breathe stocks to not miss the pulse of the market. Trading requires 100% commitment, if you are ready to give then only plunge into it. It is a thrilling experience and worth the pain.
Quite a few years have passed by when I had just started out in 2009 but today in 2015 I am armed with a lot of experience by working in stock market over the past few years. Have learnt a lot and have to still learn a lot! Learning is a never ending process. More is less!
It has been an interesting journey so far, little rough but enjoyable nonetheless. Have met a lot of interesting and various types of people and learnt quite a few lessons, some from them and some because of them.
Despite the difficulties I faced, I am absolutely in love with stock market. This is the kind of place, I would never want to leave ever excluding some short breaks cause I can't go on doing anything mechanically in a continuous flow. I need to take little breaks from time to time to sharpen my skills and see things from a long view by being on the other side and assess my self, my decisions and workings.
Have learnt a lot from my terminal too. The movement of stocks on the terminal makes me feel alive. When your right in your trade, the movement seems like a beautiful rhythm and when you are on the wrong side, it is one hell of a roller coaster ride. You know the comparision may sound a little funny but playing with stocks, I mean trading is a lot like playing subway surfers. The moment yo shift your attention and lose focus, bang on there will be an accident. You have to be absolutely attentive and completely dedicated. If your trading in stocks, you need to eat, sleep and breathe stocks to not miss the pulse of the market. Trading requires 100% commitment, if you are ready to give then only plunge into it. It is a thrilling experience and worth the pain.
Investing is very different. It is more relaxed. You need to understand that trading and investing are absolutely different and the mechanism applied in both differs to a lot of extent.
For trading you need to look into stocks where there is maximum liquidity. There has to be plenty of movement. In Investing you need to look into the company with a holistic view. You need to see it in a very critically tested manner to get the returns you want. Never mix trading and investing. If you get stuck in some stocks while trading don't hold on to them like an investment. Most of the times they fail you and suck up your liquidity and you are badly stuck in them! Never make the mistake of trading like an investor and investing like a trader.
Investing is a well thought out process, purchase of stocks with some objective for a particular period of time depending on your preferences. A lot of people fail because they don't care enough to know where they are putting their money into. Lazy or ignorant attitude is what causes misfortune and fails you as an investor. Getting your facts right is extremely important before you buy stocks of a company. When you can spend so much time in doing research before making a home, car or even a mobile phone purchase so why not do some research before buying into stocks of companies. After all its a matter of your fortune, right investment makes you rich and gives you more spending capacity or adds up to your wealth. Right investment leads to wealth creation whereas bad investments leave a sour taste in your life and brings misfortune.
Company research is no rocket science or you don't need to have the kind of intelligence like Mr. Eintstein. It requires pure common sense. Don't get scared by those fancy lingo of fundamentals and technicals. To make the right investment, you need to be technically smart in pure common sense to evaluate a company and fundamentally strong in your thinking and belief system before making any decision. If your choice is colored by greed, the chances of your investment showing you red are very high.
Company research is no rocket science or you don't need to have the kind of intelligence like Mr. Eintstein. It requires pure common sense. Don't get scared by those fancy lingo of fundamentals and technicals. To make the right investment, you need to be technically smart in pure common sense to evaluate a company and fundamentally strong in your thinking and belief system before making any decision. If your choice is colored by greed, the chances of your investment showing you red are very high.
Right choices and right decisions make all the difference in one's life and in the same way investing right leads to prosperity. Quest For Quick Gains Make Your Capital Diminsh Quickly Too. Think before you act!
You need to be clear and understand as to why are you making the investment before buying stocks. You need to be sure of your investment goals. Your decisions should also be taken considering the time factor and very importantly your comfort factor in holding on to your investments if you buy on the basis of debt. You need to calulate the returns expected taking into consideration the interest you are going to pay for the debt taken. Is the investment worth that kind of risk. It is not advisable to make an investment by being leveraged if your investment is from a long term perspective.
You also need to be careful with the kind of people you connect with who influence your investment decisions. When you invest on the basis of someone's recommendation, you need to be sure of their credentials. Sometimes some investments do go wrong but it is not the fault or bad intention of the person who has made the recommendation. It must have been a recommended in good faith to their family and friends but can fail in living upto the expectations. Its a case of pure bad luck. But sometimes you may get influenced by people who promise quick returns, such kind of people must be having vested interests. Guard yourself against such people. Think very carefully before you invest.
You need to be clear and understand as to why are you making the investment before buying stocks. You need to be sure of your investment goals. Your decisions should also be taken considering the time factor and very importantly your comfort factor in holding on to your investments if you buy on the basis of debt. You need to calulate the returns expected taking into consideration the interest you are going to pay for the debt taken. Is the investment worth that kind of risk. It is not advisable to make an investment by being leveraged if your investment is from a long term perspective.
You also need to be careful with the kind of people you connect with who influence your investment decisions. When you invest on the basis of someone's recommendation, you need to be sure of their credentials. Sometimes some investments do go wrong but it is not the fault or bad intention of the person who has made the recommendation. It must have been a recommended in good faith to their family and friends but can fail in living upto the expectations. Its a case of pure bad luck. But sometimes you may get influenced by people who promise quick returns, such kind of people must be having vested interests. Guard yourself against such people. Think very carefully before you invest.
Don't make investment in stocks your primary source of income. Stock market is a very fickle and unpredictable place to be in. You never know when things can go wrong and reverse for the worst. They work in tandem with markets all over the world and since they are not immune they get affected by domestic and global factors. There are a lot of dynamics involved. But if you make right investments, you are hedged against this risk of uncertainty, as stocks of fundamentally strong companies most of the times rebound and your patience is rewarded.
Through Bizvest.in I will try my level best to help you in making right investments by guiding you through the knowledge and experience that I have gained and will gain in future. Awareness and knowledge save you from a lot of trouble in life. So come join me in my this endeavour :-)
Subscribe to:
Posts (Atom)