Friday, 14 December 2012

I learned as I am a good looser

 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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