Know The Market (Session-6)
Buying your first stock- You have a clear idea what you buy. create a strategy for buying and selling stocks. How much you are willing to take risk from other one. Research properly before you put your money in particular stock. Buy and hold leads to buy and forget strategy. You have the discipline and confidence to get out of the market at the right time and then re-enter in an appropriate time. Stock Selection Process- Step - 1: Screening for ideas- With approximately 7000 companies trading in BSE and NSE, analysis of all the companies may not be possible. In order to avoid this as investor has to understand the kind of stocks which he wants to invest in market. Example : An investor might want to invest in- 1. Only banking sector stocks 2. Only multi baggers ...