Making money in stock market is not easy as it seems. It requires patience and discipline with research and understanding of market.
1. Say no to herd mentality
Don’t blindly follow everybody around is investing. Some investors do the same andthis greed is not at all good.
2. Always go for informed Decisions
Do proper research before investing in stocks and dont go just by name of company/industry.
3. Invest in Business you understand
Never invest in a stock. Instead, invest in a business you understand. Before investing in a company, you should know what business the company is in.
4. Don’t let emotions rule your judgement
Many investors have been losing money in stock markets due to their inability to control emotions, particularly fear and greed.
This is worst thing to be seen in people during stock investment and it is better to be guided by them.