Astra Horizon | How To Become A Master In Stock Market

ASTRA HORIZON

HOW TO BECOME A MASTER IN STOCK MARKET

ASTRA HORIZON

A lot of people nowadays have been considering trading and investing as a gainful career. In fact with the rise of indexes globally and young age millionaires on rise, people realize that trading can help them make fortunes.

DON’T BUY LESS LIQUID STOCKS

If a stock has very low volume and low price too, a lot of people jump in considering it to be bargain hunting. One needs to avoid trading such scripts.

CHOOSE THE RIGHT BROKER

It’s important to understand that the right broker plays an important role as choosing the wrong one can cost you huge due to the hidden costs.

HAVE YOUR OWN TRADING SETUP

It’s important to device your own trading setup and not depending on an existing one. If you choose an existing one, make sure you back test it properly.

Never put all eggs in the same basket As the legendary investor Warren Buffet says,

one needs to diversify to make sure one gets consistent gains. Don’t put all your investments in the same basket.

Keep tight Stop Losses One reason why so many lose money in stock markets is because they don’t keep stop losses. They simply wait for the things to turn in their favor and as a result they lose a lot.

Choose your guide wisely As mentioned initially, a lot of charlatans have occupied the space and hence it is of paramount interest for the people to choose their advisors wisely.

DON’T OVERTRADE Item 5 20%

Some people get addicted to trading to such an extent that they can’t think of anything else. Avoid getting trapped into this kind of addiction.

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