Stock Market is widely considered as the replica of our country’s economy, some people here try to play with this economy weather some invest in it seriously after a thorough analysis.
Playing with Stock Market is nothing like any “Casino Game” where you win or loose with your luck, people out there mostly consider it as the “Gamble” and they start day trading in it and after loosing their money they say, “Ah! I told you it’s a gamble, you win here with your luck only.” but at what extent saying this would be right? You didn’t know what you’re doing? where you’re investing? and after loosing your money you’re blaming stock market?
I personally consider stock market as the smartest business ever specially for the young generation out there, yeah I said “Business” let me clear it out with a short story here.
Story: A guy who is going to start a new business with a capital of Rs. 2 lac’s (he didn’t knew anything about that business, he don’t have any proper knowledge about that business) after the commencement of his business he tried to work hard for his business but In the end after analyzing his business accounts he got to know that he was having losses in his business. Suddenly, his business got shut down.
Now tell me what wrong thing he did while starting his business? as he loosed all his money.
The fact is he didn’t have any knowledge about the business he started same thing happens with the people who come with their money to invest in stock market they didn’t know where they are going to invest and why? the other thing is that every new people here start with the day trading to earn easy and fast money, I mean day trading can only be done when you have a bunch of knowledge of analyzing tools of securities and stock market, without knowledge you are doing day trading? oh, then ultimately you will loose all your money.
Investing or Day Trading?
So, whenever you think about investing in stock market first of all think that you’re here to increase your capital not to loose it, and then choose some 3-4 companies with the best performances and analyse those companies like what product they are manufacturing, Is there demand for those products in the markets, what’s their sale data and revenue from those operations all these things matters before investing in those company stocks.
As a beginner, you must start with Investing in stock market and strictly avoid day trading without any knowledge as if you started with day trading then definitely you’re going to loose all the money.
If you don’t have any knowledge of analyzing companies or don’t have time to do that but you still wan’t to invest in stock market then do seek expert’s advice and follow them strictly, one more thing follow only one expert at a time don’t go for 2-3 peoples suggestions.
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