Let's discard the pathos title of the article and immediately clarify that my opinion does not pretend to be expert, because like all articles about doing business , I write honestly describe my real experience. And here you just can not get around all the rakes, which are written a lot of material in these your Internet, here without experience and stuffed cones will not work at all.
I tried to find adequate literature on this issue, but I never came across those books that will quickly be able to explain to me all the key points related to earning in the stock market. Most of all I liked the phrase of Alexander Eller: The stock market works due to the fact that someone loses (my free wording). To a large extent this concerns of course speculative trade and aggressive investors, but in general concerns the entire stock market. To earn here with a snob just will not work, it is important to understand.
Stock market for beginners. Without which it is better not to start:
Before doing anything at all on the stock exchange, you should know what the stock market is, how it works and for what you will pay:
Investing in shares of large and well-known campaigns does not mean 100% success in terms of investments and profits
In general, I recommend to all those who wish to start (try) to earn money on the stock market for some time without any movement, see how it works, what the market reacts to, the actions of specific companies interesting to you and read a number of thematic resources , which I will indicate at the end of this article.
The cost of maintaining the account is often not so much the expenditure part of the investor's budget, but it too can not be discounted.
The same rules should be used for Indian companies, because those companies that take their assets to the stock exchange are mostly large players in their sector of the economy, a part of which is often oriented to export. Accordingly, when the exchange rate fluctuates, these or other financial indicators can be adjusted.
The article will be supplemented as the set of experience. Stay tuned!
Frankly, my initiative to invest in the stock market was the longest-running and deliberate of all the adventures that I have ever conceived. Even when I made an offer to my wife, I acted more spontaneously. I do not like to incur unnecessary obligations, especially since there is still a memory of how I blew about 40,000 rupees at the opening of an LLC, which never started its work. All the same IP for small businesses so far in many ways.I tried to find adequate literature on this issue, but I never came across those books that will quickly be able to explain to me all the key points related to earning in the stock market. Most of all I liked the phrase of Alexander Eller: The stock market works due to the fact that someone loses (my free wording). To a large extent this concerns of course speculative trade and aggressive investors, but in general concerns the entire stock market. To earn here with a snob just will not work, it is important to understand.
Stock market for beginners. Without which it is better not to start:
Before doing anything at all on the stock exchange, you should know what the stock market is, how it works and for what you will pay:
The stock market is volatile
Strictly speaking, whatever you read in the books of any clever Japanese-American business coaches (about rich relatives), investing is not so easy and cloudless.Investing in shares of large and well-known campaigns does not mean 100% success in terms of investments and profits
In general, I recommend to all those who wish to start (try) to earn money on the stock market for some time without any movement, see how it works, what the market reacts to, the actions of specific companies interesting to you and read a number of thematic resources , which I will indicate at the end of this article.
The broker commission and the cost of maintaining the account
Basically goes to every action. Both buying and selling. If you buy "Horns and Pedals" shares for Rs. 600 per piece in the amount of 10 pieces, and then they drop sharply in price to Rs.12 per piece and you decide to sell them from sin away, then you will lose not only those Rs. 48 of each share, but also a commission from both the purchase and the sale. Each broker's commission has its own, pay close attention to this and do not forget to consider these factors when forecasting your profit or loss.The cost of maintaining the account is often not so much the expenditure part of the investor's budget, but it too can not be discounted.
Fluctuations in currencies on the stock exchange
Regardless of which companies you intend to invest, a beginning investor must definitely take into account currency fluctuations. Foreign companies (available for investment) take dollars, which means that if today you buy shares with a rate of Rs. 180, and tomorrow the rate shoots up to Rs.210 at the same price of the stock itself, then when you sell it you will already be in positive territoryThe same rules should be used for Indian companies, because those companies that take their assets to the stock exchange are mostly large players in their sector of the economy, a part of which is often oriented to export. Accordingly, when the exchange rate fluctuates, these or other financial indicators can be adjusted.