1. Do your own research and buy shares only on dips with small quantity. Add them over time. Bring the average cost down. Buy only good company’s shares. You may have to hold them, but eventually you will be able to get out in profit. Sell shares only on ups with small quantity. Bring the average cost up. You may have to hold them, but eventually you will be able to get out in profit.
2. Wait for market crash for buying good company’s shares. Atleast 10 times in a year, market will crash giving ample opportunities in buying good company’s shares.
3. There is absolutely no point in day trading. It involves too much of time required, unnecessary stress and compromising your other pleasure/business activities. The return from buying on market crash and selling on market high is substantially more than day trading. Besides, day trading increases your transactions substantially involving Income Tax issues whereas as if you can wait for one year, long term capital gain is tax free.
4. During market crash also, buy in small lots so that you can bring average cost low. I have tested above for last 10 years, and it is really working. But, it is boring.
Please discuss.
2. Wait for market crash for buying good company’s shares. Atleast 10 times in a year, market will crash giving ample opportunities in buying good company’s shares.
3. There is absolutely no point in day trading. It involves too much of time required, unnecessary stress and compromising your other pleasure/business activities. The return from buying on market crash and selling on market high is substantially more than day trading. Besides, day trading increases your transactions substantially involving Income Tax issues whereas as if you can wait for one year, long term capital gain is tax free.
4. During market crash also, buy in small lots so that you can bring average cost low. I have tested above for last 10 years, and it is really working. But, it is boring.
Please discuss.
