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4 Steps for Happy Stock Market Trading

Posted By On 3/08/2009 09:46:00 PM Under

1. One need to follow these 4 basic steps before plunging into the stock market to make money from day trading or from long term investments.
(a) Choose a broker with diligence. Do negotiate a clear brokerage structure plan and be clear on govt regulated taxes on stock market transactions.
(b) Preferably find a broker who can provide online trading platform which is quick and can also provide offline support without any charges.
(c) Research stocks and a good site for the same is Indian-share-tips.com to begin with and make money by day trading.
(d) Make a list of sectors one intend investing and undertake the research for the same for its nitty gritty.
(e) Never invest based on ru,ours as more than 90% of the time same is spread with eveil intentions.
(f) Do not park your funds in same sector. Derisk the same by spreading investment in a number of sectors. It will also act as a hedging instrument because atleast one odd sector will be in lime light at any given point of time frame.

2. Last but not least do keep your wits to yourself and take a final trading call yourself without any emotion and day trade like a machine who is not affected by fear, greed and remorse factor.

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