How to Invest in Stock Market?
Are you an investor or trader? Or you are just one of the passer-by who want to grab some information about stock market here? No matter what, I will just share some of my opinion and experience here for your information.
I have encounter one big pain when I just started doing stock trading. Well, I didn’t pay effort to study any materials, never buy any products to support myself, never learn from any experts, I just play with my hunches.
Hell! it is a terrible experience!!
This whole thing happened just few years back, at that time, I just quitted my job and stayed home for few months without any income. The only thing I have done at home is sending resume to find new job but it was hard. Due to anxiety and desperation to have more money income, I tried to buy stock without really examine and understand the stock. I just invested too much money into one particular stock that I don’t have enough capital to even hold it long. I just pray and hope that it will surge after my trading.
Hmm, you can guess the ending, it went to the opposite direction which seem to be not so desirable, I loss a big sum of money man!!! I swear, this is a true story. I did loss lots of money from trading without doing proper homework and rely on god feel. This is a great impact on me and teach me a good lesson on how to invest properly in stock market.
After this costly experience, I try to find what is the best way to invest or trade the stock. Finally, I found some trading systems out there do provide better analysis work and strategies that are much better than what I thought what they should be. The systems help me to gain a lot of profits by following their strategies and planning.
However, I am not a promoter, I am not here to promote the system or product. I am here to just share some tips that related to my trading experience.
Listen carefully, I learnt this from my terrible experience and I hope that you won’t repeat it after you have read my article. If you still do the mistake that I have done, please bitch slap yourself!!
Do not over-invest your money!! Only invest with the money you are afford to lose!! You might think that this is a very basic logic, but so many people ignore or neglect it. I did neglect it, too. Hopefully you don’t! One should only trade stock that you can substantially afford to pay full or even lose. A lot of people having a gambling mindset that they thought that if pour in a big amount of money, they surely will gain back a big margin of profits. Well, it don’t normally work in this logic man! (Especially if you are new to stock trading and you are too ambitious!!)
Remember, the advice stated above is the most important bottom line that I will suggest if you want to start your journey of investing in stock market.
And please understand that the above tip is for beginners who will make the most simple and severe mistake. If you want to learn more advance knowledge about stock trading. Please visit this link how to earn in stock market for more information about how to trade in a volatile stock market.
