Sunday, November 20, 2011

TRADING STOCKS

Trading stocks is not easy, it is high risk and low probability of success for most of the traders / investors. A STUDY HAS BEEN REVEALED THAT 80% OF ACTIVE TRADERS LOSE MONEY. The most of the traders loose because they trade without a proven system. Don't even think about relying on anything or anyone else for trading advice. Trusting tip providers is big gamble. They don't know how to trade and make money, but they know how to sell stocks. Market manipulations also happen and is out of your control. That is why you must know what's going on with the money you invest or trade.Otherwise who knows what will happen. Insider trading puts small investors and traders at risk who are trading without system.You cant depend on company results also anymore ( remind satyam scam ). But you can fight with all these odd situations if u try to learn technical analysis and develop your own trading system. It is difficult but not impossible, u have to read lot, you have to see and try to analyze n number of charts, slowly but surely u will become successful.

The main aim of starting this blog is to help our friends who are interested in learning financial planning, investing, trading. While learning we have faced lot of problems, lost money also ( actually that is fee we paid for our learning ). But the most valuable fee we paid is in form of TIME , believe us we were spending on an average 75-80 hours per month almost for 4 years ( 4 YEARS  ), for surfing and reading material related to financial planning, investing and trading.

SO BOTTOM LINE IS TO BECOME A SUCCESSFUL TRADER U MUST HAVE PASSION FOR CAPITAL MARKET, U MUST TRY TO LEARN HARD, U MUST HAVE PATIENCE . YOU NEED YOUR OWN TRADING SYSTEM THAT WORKS PREDICTABLY IN ANY MARKET SITUATION.AND THE LAST BUT NOT THE LEAST  YOU MUST BE VERY MUCH DISCIPLINED TO FOLLOW  YOUR SYSTEM TO MAKE SMALL BUT CONSISTENT MONEY TO BECOME FINANCIALLY FREE. ALSO THEN AND THEN ONLY YOU CAN CONSIDER TRADING AS A BUSINESS.

SOME OTHER TIME WILL RIGHT WHY IT IS MOST IMPORTANT TO BE DISCIPLINED AND ALSO WHAT IS MEANT BY FINANCIALLY  FREE ?

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