I learned as I am a good looser
The stock exchanges and money involve in it has all ways worked as a mermaid to attract all . Just like a wife any one not invested in it loves to fall , where as one in the market wants a way out . Is it really such a bad place that we all should avoid ? where as there are persons like Warren Buffet of Berkshire ,Jim Roger , Rakesh Jhunjhun Wala (India ) who were able to make a big buck out of it .
In the age where paid news , paid lobbying this market has its
own paid services which is complected enough for a common man . We can
rarely trust a broker or TV analyst as we do not know what that person
may be gaining by preferring a particular stock .As recent indecent in
USA and around the world where the valuation of a stocks were
manipulated with vested interest . In commodity also the picture is not
different with every move of currency , govt policy , geopolitical
situation , interest rate , iip and other data , the prices goes up and
down word before a small investor could understand any thing market
makes its move and the investor becomes a gambler by either loosing or
gaining money but he rarely becomes a investor . Is there any secret formula for it to be successful ???
The formula for is there but it depends on the person
who wishes to be
in the gang and he only can write it no common formula works hear .
First we need to understand self better to score high . Every person
have there own area of competence . For example in equity , a doctor who
knows about
medicine better then a cement , IT or manufacturing company , so he
should remain in that sector as his first love . When a farma company is
going to lunch a new formula , which brands medicine had better market
response a doctor is the master excluding the balance sheet part of the
company . For this part any one who wants to make few extra bucks had to
watch it himself . The technology has come of the ages and now with
little help from software one can do it more easily then it use to be .
For commodity we need to be specific on 2-3 products only , unlike
equity where mostly national factors have an impact on the chart ,
commodity is completely international in nature . So again we have to
closely watch many more data . But it has its prize also for the
investor.
Most people in this field
have one thing in common when they gain money they behave like a master
of the trade and start gambling blind shots , where as one need luck in
gambling in trading one need time , patience and market education . On
the contrary on loosing money they blame it entirely on game not
admitting their lack of knowledge and leave the market for ever and tell
other never to invest in it . But in this loosing also they learn many
thing about market which goes in vein when they leave the market .so be a good looser
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