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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Always don’t believe in stock recommendations Stock market for beginners

Always don’t believe in stock recommendations Stock market for beginners

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Asoka Samarakone


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Expert
Always don’t believe in stock recommendations
Stock market for beginners 
When you see someone tell you to buy a stock, there is a good chance he is telling you to buy what he wants to sell.
Some companies recommended stocks to their clients and then sell the same stocks themselves all day long. Not only were these firms the largest sellers of a stock on the day after they recommended it, but they were also the largest buyers of the stock during the preceding week. Always don’t believe in stock recommendations. We have a tendency to listen to others, especially when we are clueless. When things turn out well, we would want to claim the credit . When things turn out worse, we would blame it on the person recommended. We should take responsibility of our decision as well as doing the necessary research to evaluate the stock. The person who told you to buy stocks is not going to pay for your mistake.In stock market what you practice is what you perform."
If you really want to excel in any field, you have to practice. You don't just read about something and expect to be good; you have to do it too.
Good luck and safe trading 
Asoka Samarakone 

TraderCSE, engineer, Hitazz, Venu123 and Cruiser like this post

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