FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Expolanka to continue its winning streak
by samaritan Today at 4:12 pm

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Today at 12:53 pm

» Govt gets its priorities wrong
by samaritan Today at 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Today at 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Today at 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Today at 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Today at 8:06 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Today at 7:04 am

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by Gowri123 Wed Jun 29, 2022 4:38 pm

» When will supply chain disruptions ease?
by Gowri123 Wed Jun 29, 2022 4:08 pm

» We’re seeing a shift toward international and value stocks, says Schwab’s Kleintop
by target1 Wed Jun 29, 2022 2:40 am

» Wall Street stumbles as consumer pessimism stokes growth fears
by target1 Wed Jun 29, 2022 2:34 am

» Free Market Capitalism vs. Crony Capitalism
by target1 Wed Jun 29, 2022 2:30 am

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Tue Jun 28, 2022 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Tue Jun 28, 2022 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Tue Jun 28, 2022 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Tue Jun 28, 2022 9:24 am

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Tue Jun 28, 2022 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Tue Jun 28, 2022 8:07 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Mon Jun 27, 2022 9:14 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Do what one knows is best and to do it gladly.

Do what one knows is best and to do it gladly.

4 posters

Go down  Message [Page 1 of 1]

Asoka Samarakone


Expert
Expert

Stock market for beginners
Do what one knows is best and to do it gladly. If you have to suffer through the misfortune of investing through one, give yourself the gift of learning everything you can about the markets, as well as your own temperament, biases and strengths. 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 ingredient 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. We can't predict what the market's going to do. We can only identify good companies trading for good values today.
The error that is made in stock investing analysis over and over again is that people look at the short-term and see what happens there and then presume that the same applies in the long term. This leads to all sorts of misunderstandings. There are always people who know what is going to happen before it happens and they either start selling or buying ahead of the event, or rumours are triggered and people in the loop take early positions. If enough people buy a stock, its price will go up (usually), due to the simple law of supply and demand. If enough people sell a stock, its price will go down. Learn to take small profits when you begin. Learn how to pick up those stocks that trades at a relatively low price and you will be on your way to a nice big trading account. Learn new ideas, keep up to date, and don’t trade other people’s ideas. Have a plan. When you’re an investor you are going to have trades that go against you. It happens to everyone. Don’t chase stocks. There will always be another trade right around the corner. The last thing you want to do is over-pay because you see a stock moving and think you are missing the boat. Always buy slowly when prices fall and sell quickly when targets are reached.
Be patient with your plan and think of it as a long-term voyage to a specific destination --- change direction infrequently and gradually. With a determination to learn and an eagerness to continue to learn your trade, what's stopping you from joining the best?

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Dear Asoka,

+Rep and 1st From Me

SHARK

Maximillion


Stock Trader

This is my first comment in SLEF. Hats off to Shark. I really appreciate your postings and humble support to beginners. Much appreciated. Keep up the good work. If you can suggest me better strategies to pick stocks as I'm a beginner with a lower investment to start up the proceedings

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Maximillion wrote:This is my first comment in SLEF. Hats off to Shark. I really appreciate your postings and humble support to beginners. Much appreciated. Keep up the good work. If you can suggest me better strategies to pick stocks as I'm a beginner with a lower investment to start up the proceedings
Thank You Max

We at SLEF will do whatever to help newcomers to the CSE.

There are lots of experienced Members who are willing to help anyone.

Be Polite & Be patient someone will help in what ever way they can.

It is your final say that matters when investing because you will be responsible for your money.

What we need is to study all strategies little by little and become a complete individual going forward packed/equipped with all the necessary information what you need to make the decision.

The forum is a virtual library for you to browse, there are plenty of articles to read ......

Dont forget to check the Expert Chamber.... you will find interesting articles as a beginner.

Ask questions we are ready to help.

Ahh BTW please check out my thread Technical Analytics & Charts in Charts Section.....


Good Luck
SHARK

Maximillion


Stock Trader

SHARK wrote:
Maximillion wrote:This is my first comment in SLEF. Hats off to Shark. I really appreciate your postings and humble support to beginners. Much appreciated. Keep up the good work. If you can suggest me better strategies to pick stocks as I'm a beginner with a lower investment to start up the proceedings
Thank You Max

We at SLEF will do whatever to help newcomers to the CSE.

There are lots of experienced Members who are willing to help anyone.

Be Polite & Be patient someone will help in what ever way they can.

It is your final say that matters when investing because you will be responsible for your money.

What we need is to study all strategies little by little and become a complete individual going forward packed/equipped with all the necessary information what you need to make the decision.

The forum is a virtual library for you to browse, there are plenty of articles to read ......

Dont forget to check the Expert Chamber.... you will find interesting articles as a beginner.

Ask questions we are ready to help.

Ahh BTW please check out my thread Technical Analytics & Charts in Charts Section.....


Good Luck
SHARK
Thank You Shark, Will look forward



Last edited by Maximillion on Sun Jul 27, 2014 1:47 pm; edited 1 time in total (Reason for editing : Spelligs mistake)

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Good one Asoka Samarakone.
" There's no secret ingredient 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. "

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum