Thursday, February 5, 2009

Who Made Easy Money?

Everybody dreams of easy money. Isnt it? And what better place can there be more than investing in stock market !!!! Isn't it? Huh !!! Many people died with this dream in heart. Came to become a fly-by-night rich man. But sadly died in the beautiful dream. The market is definitely the best place to make money. No doubt about it....BUT, only for that person who wants to work hard, control his greed, and has put in his risk management systems in place. One needs to have a perfect business acumen to come here. Unfortunately many people do have that, but they become a miser in deploying that skill when it comes to investing and trading. He is having many successful business but lost everything in stock market. Just beacuse he came here to win a lottery. Dear readers, NEVER DO that. This is a full time business. When you invest here, think of any other business that you are running, be it your own business or someone's else. When you put Rs.30000 as margin, remember that is your capital invested and calculate how much can you take risk for that investment. Then only you can make money. Its not a place to become an overnight rick person.

These days, global markets have taken a toll on the biggest of analysts. The markets are not allowing to take any positions. Even our own Nifty is dancing all the time. The stock futures have been reckless. Everyday, one or two midcaps flying abnormally 30-70% day while most large caps are grinding lower. Nifty is unable to find a direction for the last 3 months and the range is becoming narrower everyday. Dont leverage your positions and trade with utmost money management principles in place. Have a nice day trading day ahead !!!

[For best brokerage services, please call 9433071980 or write to profitablethoughts@gmail.com]

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Disclaimer:

Investing in stock markets carries inherent risks. Readers are requested to consult their financial adviser for trading / investing. The views expressed here are solely that of the author and he wont be responsible for any gains or loss arising to the readers for trading based on the expressed ideas.