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Stock market for beginners
Trading is not always easy. They say if it were easy, everyone would be doing it!
You have to learn the rules of the game. And then you have to play better than anyone else
Choosing which stocks to invest requires effort, a disciplined and focused approach, and a dedication to learning your craft that's synonymous with learning any profession or trade.
There's no secret sauce when it comes to share trading - easy, overnight success is almost impossible to come by, and those setting their sights on short-term millions will be sorely disappointed.
Brokers will tempt you with seemingly cheap share dealing, that doesn't necessarily make them the best option for you, nor does it do enough to guarantee trading success.
Discipline, patience and a willingness to learn is the key - in this game, knowledge is power, and ignorance can be a very expensive state of mind.
Make it your goal to stay positive in a negative market, with your account balance and your mental toughness intact. Keep a good trading book on your desk, and stay mentally sharp for the better conditions which are sure to return!
The early bird gets the worm” The chances of success with a share may depend on being ready to seize the opportunities as soon as they materialize.”
Be patient with your plan and think of it as a long-term voyage to a specific destination --- change direction infrequently and gradually.
Risk is an inherent part of investing in stocks. People always dream of making a fortune in the stock market, and many do it, but many other newbie investors have lost everything very quickly because of failing to minimize the risk involved with investing in the stock market.
Good luck and safe trading!
