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Latest revision as of 13:37, 4 May 2014
Lots of people still thinks that Stock market is very risky market and should not invest money in this market. But actually it is not true. Stock Market or Share Market is the best field to gold invest money. This is the Market that can make you rich in very short time period.
Let's face it, creating cash in the stock marketplace is really an objective of many people. They say money cannot buy you happiness, however it sure can make life easier! And for numerous individuals, besides their fulltime job, they don't have an additional supply of income. stock trading offers an chance to earn more cash.
You aren't alone. This is a familiar feeling to many traders. It's called "hindsight bias." Hindsight bias is the experience many traders have after a trade in which they realize they should have seen the obvious mistakes they made and should have steered clear of the trade all together.
3) You can do stocks trading online. This is the most popular online money making idea. You need to have a DEMAT account online also an account with the bank that operates online. investing in stocks and trading fetches you handsome income online. You keep some amount in your online bank account; you invest it in stocks and trade. You get free tips online which help you to invest.
Here is what I'm advocating. Let's say you have a $50,000 trading account. You never risk over 5% or $2500 on any one trade (and most of the time you risk less than that). Let's assume you have a margin requirement of $200 per contract (if it is much more than that, consider using another broker). You probably never go over 10 contracts on any one trade. So, actually you would only need to have $2000 in your account to make the same trades you normally take.
The number one thing to keep in mind if you are new to trading stocks is to start small and work your way up. The last thing you want is to jump into a shark tank unprepared and lose thousands of dollars. Start with low lots of shares such as 100 as this is much easier to take in if the shares go against you.
The number one tool you have in order to evaluate an advisor is to ask them a lot of questions. Some might not like that and will try to hurry you into a commitment, but don't be afraid of that. Those are usually the ones who don't provide you with serious advice, so the first sorting is very easy. The questions you should ask them about cover their experience, their education, their expertise and their philosophy in their specialty. Pay attention on whether they answer the questions or try to talk about something else. If they try to talk about something else, it could be because they know they have a weak spot.
You as an investor must think of ways on how to deal with worst scenario. You have to think out of the box, or keeping your heads up. These things can be avoided, if you have precautionary measures in tail; like you are able to investigate further, the person or family that wants to rent your house for example. It is not enough that they are able to provide you details of their income, doing a back ground check will help (history from where they last rented). In that manner you will have idea how to deal them. Remember, your house is an investing real estate and not a charity institution.