This is going to be an important and useful series of article . Today we will discuss how a new comer to stock market should start . In these series of article we will discuss following things .
You must have heard lots of stories about people who got millionaire over night or in a short span of time from stock markets, there are two kind of people who make money from stock markets
This thinking that “Lots of money can be easily made from stock market without much hard work” is the main reason why stock markets attract lots of people .
Why it looks easy ?
“BUY OR SELL” , that’s all you have to decide ? Either you will Buy some thing or you have to sell something , One of the renowned trader Larry Williams says this is the reason why most of the people think that its an easy thing to make money in stock market because they have very less decisions to make ie. BUY or SELL .
This is a human psychology which tends to believe that anything with less decisions is easy and one can do it . Everyone thinks “I am different” , “I know all these people where not able to make money , but i understand things , and I can do it” , this thinking is appreciated . but , untill it becomes over confidence . its true that you are different and you can do it , but each and every area has some ground rules and unless you follow it , its almost impossible for you to succeed.
What you must understand ?
You have to understand that you are a newbie and a small player , a new born baby ,who cant even crawl in world of stock markets, but dreams of running a marathon and that too on one leg
. Each profession needs specialization and experience and Making money from stock markets is no different , Just like becoming a Doctor, Engineer or anything like that demands extreme study , experience , knowedge and other things specific to that profession , stock market also demands that , those people who want to make money without doing it can not sustain for long and will hurt themselves very very badly . We will discuss more of this in 4th part of this article “How a new comer should start in stock markets ?” .
- Why stock markets attract and look easy
- Understanding what you want to do exacty
- What are important things when you are in stock market ?
- How a new comer should start in stock markets ?
You must have heard lots of stories about people who got millionaire over night or in a short span of time from stock markets, there are two kind of people who make money from stock markets
- First kind are the people who make money because of luck. They buy some thing , it goes up and they think it was your skill . Next time they buy something again and wooo!! .. it makes money again , and now they are the king !! . Then comes one day when there “best time in the market” is over and they start loosing money , this time its “bad luck” as they say !! and they keep on trying and trying to prove that they are knowledgeable . At last they go bust and return from where they came from . Smart people in this category are those who make money once or twice because of luck and don’t come back , I appreciate their smartness . - Second kind of people are those who are real game players , they have done their home work , failed lot of times , learned from their mistakes and worked hard to make money . They know the rules of stock markets and take it seriously . They are successful traders or investors .People hear that lots of people make lots of money in short span of time from stock market and how easy it is to just open your trading account , choose some stock , buy or sell and magic !!, you make money . Far from truth !! .
This thinking that “Lots of money can be easily made from stock market without much hard work” is the main reason why stock markets attract lots of people .
Why it looks easy ?
“BUY OR SELL” , that’s all you have to decide ? Either you will Buy some thing or you have to sell something , One of the renowned trader Larry Williams says this is the reason why most of the people think that its an easy thing to make money in stock market because they have very less decisions to make ie. BUY or SELL .
This is a human psychology which tends to believe that anything with less decisions is easy and one can do it . Everyone thinks “I am different” , “I know all these people where not able to make money , but i understand things , and I can do it” , this thinking is appreciated . but , untill it becomes over confidence . its true that you are different and you can do it , but each and every area has some ground rules and unless you follow it , its almost impossible for you to succeed.
What you must understand ?
You have to understand that you are a newbie and a small player , a new born baby ,who cant even crawl in world of stock markets, but dreams of running a marathon and that too on one leg
. Each profession needs specialization and experience and Making money from stock markets is no different , Just like becoming a Doctor, Engineer or anything like that demands extreme study , experience , knowedge and other things specific to that profession , stock market also demands that , those people who want to make money without doing it can not sustain for long and will hurt themselves very very badly . We will discuss more of this in 4th part of this article “How a new comer should start in stock markets ?” .
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