Its easy for considering Stock Market as an EASY Source of Income and Tough for a Real Technical Analyst.
Let me tell you that Stock Market is the only Market which never goes down with even RECESSION ;) Funny but True!
You may know some basic tips mentioned below while entering into Stock Market:
- Buying and Selling frequently may become a big mistake for you.
- Have Patience, don't be Panic with the movement of Stock you have taken.
- Always choose your brokers and advisors carefully.
- Beware of Market Scams, just don't BUY/SELL anything based on postings on Internet/Blogs etc. Understand the Market, then go ahead.
STOCK MARKET IS A LEGAL SPECULATION :D
Here are some FUNNY things About Stock Market:
- "I made a killing in the stock market. My broker lost all my money, so I killed him." (For Step 3 mentioned above)
-
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute."
(For Step 4 mentioned above)
- "Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it." (That's why more than 400 Advisories opened in last 3 years.) :P
-
"India have developed a new weapon that destroys people but it leaves buildings standing. It's called the stock market which is in Mumbai"
(For Step 2 mentioned above)
- Last and MOST IMPORTANT, "If stock market experts were so expert, they would be buying stock rather than selling advice." (grrrrrrrrr)