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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Exercise caution before jumping into the bandwagon. Stock market for beginners

Exercise caution before jumping into the bandwagon. Stock market for beginners

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Asoka Samarakone


Expert
Expert

Exercise caution before jumping into the bandwagon. 
Stock market for beginners 
You shouldn't be doing something just because everyone around us is doing. Don't follow the herd. Do your research and stay invested. If the stock reaches the target, book partial or full profit so that, in case the stock tumbles, you don't end up with a full red portfolio. The trick is to avoid greed and make wise decisions that can bring profit. All I am saying is, it is better safe than sorry. After all, its our hard earned money isn’t it…
Enjoy the week by enjoying each moment that comes your way.
Good luck and safe trading!
Asoka Samarakone

glad, AmateurTrader001, J-CAT and Karthick like this post

AmateurTrader001


Senior Equity Analytic
Senior Equity Analytic

Timely advise. I remember during January run too, you posted a similar post and I wanted to reflect but was too greedy. Haha and my PF was in deep red with no profits realized post crash of CSE. Well, i've learnt my lesson. Thanks for the educative posts time to time. Smile

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