In what way to trade in stock market profitably?
There are certain fundamentals you need to follow, for being a good investor or a profitable investor :
1. Firstly, understand the market, how is it working? Why ups and downs? What is making that fluctuations? Read News daily! (You can understand through virtual trading at www.aananyastocks.com)
Background verification of the company you are investing in - Please
please make sure the co u investing in has a nice record(many frauds
3. Start with known Large Cap or mid cap Companies only.
4. Please don’t get into complex products like Options, futures, gain enough experience then you can invest in those
5. Be patient - for a good co.; if the prices go down it will definitely come up - don’t get sad or depressed and make silly moves
6. Make a portfolio, please don’t put in all your money in one co. it’s very risky and make sure your portfolio has not more than 6-8 co’s(max commodity), otherwise it becomes difficult to handle
7. Don’t follow all the experts, it will confuse you because one has the ability to take greater risk and other might be thinking of life time savings
8. Don’t believe all the news flashes, some are just rumours!
I guess these fundamentals are enough to kick start a good investment! And also before opening your Trading a/c please check with the brokerage(makes a a lot of diff in small investments). At present, Aananya Stocks Advisory are the best in terms of daily updates and brokerage.
All The best ;)