Monday, February 20, 2017
WELCOME TO STOCK MARKETS!
The minimum amount you are ready to lose / do not need / never ever going to want back.
Yes, its quite terrifying answer, I know. But, if you really want to succeed at investments, think of it as though you are starting a business.
For all those bulletted points you need dough and also be tough - to go through ups and downs.
Same happens in life as in stock markets…. But, here in the stock market you are not going to be called an entrepreneur or businessman… you will be just a sucker who is ready to be eaten alive and still be happier to be called a day trader, swing trader or an investor.
A day trader who is dragged, gagged and mugged and becomes swing trader for a few days before being finally and forcefully, but in a quite amusing way happily accepting to be baptised and anointed as a full-fledged long term INVESTOR.
Welcome to the craziest business where there is not a single dull moment… every day, every hour, every minute and every second there is nothing constant and that is the BIG CONSTANT you need to live with.
Anywhere, anything and anyone can become an issue. The ISSUE that can change your world upside down and you will learn that life on the street is rougher than the darkest alley in the dangerous precinct of your city. That is my dear, the STOCK MARKET.
Yes, its quite terrifying answer, I know. But, if you really want to succeed at investments, think of it as though you are starting a business.
- You need to pay to learn the ropes.
- You need to sink in the initial capital or block it… call what you may in business jargon
- You need to rent place
- You need to stock up
- You need to hire people
- You need to pay utility bills, salaries, miscellaneous expenses
For all those bulletted points you need dough and also be tough - to go through ups and downs.
Same happens in life as in stock markets…. But, here in the stock market you are not going to be called an entrepreneur or businessman… you will be just a sucker who is ready to be eaten alive and still be happier to be called a day trader, swing trader or an investor.
A day trader who is dragged, gagged and mugged and becomes swing trader for a few days before being finally and forcefully, but in a quite amusing way happily accepting to be baptised and anointed as a full-fledged long term INVESTOR.
Welcome to the craziest business where there is not a single dull moment… every day, every hour, every minute and every second there is nothing constant and that is the BIG CONSTANT you need to live with.
Anywhere, anything and anyone can become an issue. The ISSUE that can change your world upside down and you will learn that life on the street is rougher than the darkest alley in the dangerous precinct of your city. That is my dear, the STOCK MARKET.
