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What is the best stock to invest in for beginners?
I think first, what beginners should think about is whether they are willing for wealth maximization ( Investor ) or for profit (Trader). If their motto is wealth maximizing one should invest in blue chip companies like Reliance industries as there is a less risk when compared to other stocks. If weRead more
I think first, what beginners should think about is whether they are willing for wealth maximization ( Investor ) or for profit (Trader). If their motto is wealth maximizing one should invest in blue chip companies like Reliance industries as there is a less risk when compared to other stocks. If we are looking for profits we should be clear about our stop loss. Some best stocks are IOC,COAL INDIA etc.. as these are less risky n better dividend paying stocks.
See less1.Never be greedy book profits as the markets were not good in the present situations.
2.Sell stocks on news and buy on rumors.
3.Don’t depend on calls given by any paid consultants. Better watch the stock for a while and Invest.
4. Don’t buy too much stocks on leverage as you may end with huge loss when ur not in a position to take delivery.
5. Diversify the amount you have.
If people actually make money from forex as they claim, then why do some people lament about getting hooked!
Yes you can but for that you ned to have patience, Discipline and good skill for that. I know some people getting it small returns but for success you have must having reliable expectation. This is another one major concept. Where mostly people get trapped in greed and follow this approach. Unlike oRead more
Yes you can but for that you ned to have patience, Discipline and good skill for that. I know some people getting it small returns but for success you have must having reliable expectation. This is another one major concept. Where mostly people get trapped in greed and follow this approach. Unlike other markets, forex trading doesn’t have to stop when the sun goes down. Since forex is traded all over the world, trading markets are open 24 hours a day, 5 days a week, so you can trade when it is convenient for you. Forex market having good volatilty than others and we know that volatilty plays vital role in profit. If you play with skill, discipline, avoiding greedness and with a good plan then I am damn sure that you can make money in trading forex.
See lessWhen you want to start trading read Forex trading for beginners tutorial and guides where you will learn basics. If you need help look for mentor on some blogs or forums so you can advance faster and who will tell you obstacles you will encounter.