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Beginners Very First Step!!!!

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Beginners Guide New to trading and investing? Discuss the basic steps to becoming a trader or investor here!


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  #1  
Old 22nd May 2008, 08:28 AM
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Thumbs up Beginners Very First Step!!!!

SHARE TRADING IS A DECISION TAKING ACTIVITY, IT DOES NOT HAVE TO DO ANYTHING WITH A HARD AND FAST RULE. SHARE MARKET HAS NO RULE.IT IS A WHOLE NEW BALL GAME THAT TOTALLY DEPENDS UPON YOUR TRADING EXPERIENCES.
SHARE TRADING (ESPECIALLY TRADING/INVESTING MONEY FOR LESS THAN A YEAR) SHOULD NOT BE DONE BY THE BEGGINNERS BY ACTUALLY INVESTING THEIR MONEY IN THE MARKET, BUT RATHER DO THE PAPER TRADING (THAT IS MERELY ASSUMING THAT YOU HAVE BOUGHT THE SHARES OF YOUR CHOICE WRITING ON A NOTEBOOK, THEN CHECK OUT THE GROWTH FURTHER). IF THERE HAPPENS GROWTH OR FALL, IN EITHER CASE YOU GAIN EXPERINCE WITHOUT GETTING RISK ON YOUR MONEY. FOR BEGGINNERS LOSING MONEY IN TRADES WEAKENS THERE TRADING POTENTIALITY. SO, AFTER MONTHS OF PAPER TRADING, IF THEY THINK THAT THEY ARE GAINING PROFITS ON REGULAR BASIS, NOW THEY CAN TRADE USING THEIR VALUABLE EXPERIENCE AND MONEY.
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Old 22nd May 2008, 05:40 PM
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Default Re: Beginners Very First Step!!!!

yeah very true....start on trading by assuming..really its gonna help u..but
need to be honest with yrself and yr decision should be as real as u have put on the money....
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