The thirst for more and more money has always made investors run towards the stock markets. But investing in Stock market is not that easy as people think it is. A good understanding of the market, deep research along with patience and discipline are some of the important qualities that one must possess in order to make profits in Stock market.
Although there is no sure formula for success in Stock markets, but here are 10 golden rules which one can follow wisely to earn smart in the market.
10. Don’t get influenced by others.
9. Decision based on proper & personal research is a must.
8. Know more and more about the company’s business you are investing in.
7. Never try to time the Stock market, that is don’t compare stock performances much based on their past
6. A well planned and disciplined investment approach is a must.
5. Don’t let emotions overcome your decision.
4. Try to create a broad portfolio – invest in companies across various sectors
3. Take decisions based upon realistic expectations.
2. Invest your surplus funds in market.
1. Regular monitoring is necessary.