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.
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Written with Simplicity....honesty....and a perfect way to describe the core of market in the last para...just perfect :)
Nothing constant is BIG constant, says all. If one does not adhere to strict rules, the person would rightly shift from day trader to long time investor.
Thank You Manish, actually was answering question for a newbie on Quota and it turned out to be this post.... Felt like blogging after very very long time and here we are!
Cheers! Keep the motivation flowing.... Thanks again!
Cheers! Keep the motivation flowing.... Thanks again!
Thank You Srinivasa!
Yes, a late night post written in full senses.. I hope stands up to your mark .... Next time will try to surpass your expectations....😁😁😁
Yes, a late night post written in full senses.. I hope stands up to your mark .... Next time will try to surpass your expectations....😁😁😁
Thank You Raja! Your words will keep me inspired and motivate me to write more... Do let me know are you ready to suffer my regular ramblings 😋😋😋
Start with an Amount which you never ever going to want back ...
Best advice ever given to a beginner in the stock Market...
Simple and profound sir ...
Best advice ever given to a beginner in the stock Market...
Simple and profound sir ...
Precise and apt, the transition from a day trader to an investor happens to many including me. What we forget is there are traits for a trader or investor, which has to be mastered. The constant paragraph is very true
Thank you Ganesh!
Appreciate your honesty about being a member of day trader to investor community. 😁🙏
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Appreciate your honesty about being a member of day trader to investor community. 😁🙏
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