The stock market is a good way to make huge money, you can create huge wealth through the stock market.
But most of the people are so greedy and impatient, that is the main reason for their big loss.
you should never be so greedy and impatient. people come here to make huge money but they don't the win chance in the stock market is just 5% to 10%
LEARNING is so important on a daily basis, you should give at least 2 hours to learn the stock market.
observe from the live market then write down important points in your notebook. you should be very accountable to succeed in the stock market.
Start trading with a small amount so that if you lose that amount then you don't have to worry. people came to the stock market with their life's savings and then they lose it in few months.
Never trade with other's analysis or tips. if you do this then you can not learn how to analyse by your own self so don't rely on others. just learn by yourself because slow and steady wins the race.
New traders and investors always trade with tips. don't seek tips.
Gut feelings are also the main reason for your loss. You should never trade with your gut feelings. trade only those stocks that are in a strong trend.
you should learn from the past lessons because history repeats itself, human nature never changes. Most of the people in the stock market repeat their mistake daily and they don't improve these mistakes.
you should be flexible in the stock market because if you do not be flexible then your hard-earned money will be finished.
Learn new things in the stock market because the stock market shows new things every day.
watch charts daily, at least 10 stock charts. and observe what the chart is going to do next and what is the risk and reward ratio.
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