Sunday, November 4, 2018

HOW A BEGINNER CAN ENTER STOCK MARKET WORLD ??

Do u keep watching  Stock Market Apps more than Facebook, WhatsApp ??

If Yes, then Bingo Welcome to my arena 
either u r an investor or a trader...

-Minting money is the  hardcore thing our School n colleges never teach us;
I don't know Why ?? (Sarcasm...LOL)

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Let's come to Topic Now,
(Will keep this blog very short, crisp and precise)

See before u stuck ur money directly in the Financial market its good to have knowledge that what exactly u r doing...

"If u don't know what u r doing then believe me u r just gambling"

Their r 2 type of people in the stock market :
1-Investor
2-Trader

In short/layman language : 
>>An investor is a person who buys n hold stocks for a long time to generate wealth

>>, On the other hand, a Smart Trader is a person who can buy sell stocks depending upon the market trend
He never sticks with one stock or ego 


-Now the hot topic of today :
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"HOW A BEGINNER  CAN ENTER IN THIS WORLD OF STOCKS" ??
which we call the stock market

Let's start,
First of all see, as a novice we all need to learn ABCD since first the day we entered into school..

-Similarly to learn ABCD of Financial Market start with https://zerodha.com/varsity/

Once u complete this Zerodha varsity series (10 Amazing n worthy Books)

Now, If u are a Trader and wanna learn charting and technical analysis

Go with 2 Books which r more than sufficient:-

1-"Technical analysis of the financial market by John Murphy"
then 
2- "Reminiscences of a stock operator by Jesse Livermore"

Now coming to investors:

Investing style is still d same way as people used to do in past i.e. reading financials of a company properly or we can say a proper fundamental and management analysis


So, one can start with My All time favorite books : 

1- "The intelligent investor by Benjamin Graham" & then must complete 
2- "Security analysis by BG"
3- "Damodaran on valuation by Prof Aswath Damodaran"
4- "Valuation by Mc Kinsey"

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Now, the most important thing:
-Believe me, no one can teach u the art of investing and the game of trading unless u have dedication and passion respectively...

"Tradings is not like just read the book and bingo u r trader, lets mint millions
It is a series filled with emotions, risk management, observations etc etc

"Books can only give u a direction'
'At end, u have to play with this sword on ur own in the real arena'. (Live market)

Now signing off from here 
For any query, U can reach me via my twitter handle: https://twitter.com/SmartBullWealth

Will come up with new blogs soon
Till then
"Stay Raw'
"Think Hatke" !!

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Regards
Prince Chauhan

Founder: Smart Bulls Wealth
"Redefining the Edge of the market"

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