Trade Commodity Biography
Lessons learnt the hard way
~ Don't run after anything out of sheer greed.
~ Investing without sufficient knowledge or adequate research will hit you hard.
~ Never rely solely on the judgment or research of others. If it is your money, you take the call and do your own research.
~ Don't shy from asking questions and demanding more information. Remember, it is your money at stake.
~ Stick to investments you have some amount of knowledge like shares or real estate.
~ When in doubt, get out!
~ Tough times don't last (and neither do great profits), tough people do.
~ Day Trading (buying and selling in one single day) is a flawed method of trading.
~ Look at technical charts that track commodities over a three to six month period to get a more reliable indication as to where the market is headed.
~ Most important: learn from your mistakes.
So, what did I do with the money I have left? I invested in shares; the Sensex hovering around 9600... Good judgment or sheer foolishness? Only time will tell.
Satish Vijaykumar blogs on Mumbai, which he refers to as the City of dreams & City of Sensex.
Lessons learnt the hard way
~ Don't run after anything out of sheer greed.
~ Investing without sufficient knowledge or adequate research will hit you hard.
~ Never rely solely on the judgment or research of others. If it is your money, you take the call and do your own research.
~ Don't shy from asking questions and demanding more information. Remember, it is your money at stake.
~ Stick to investments you have some amount of knowledge like shares or real estate.
~ When in doubt, get out!
~ Tough times don't last (and neither do great profits), tough people do.
~ Day Trading (buying and selling in one single day) is a flawed method of trading.
~ Look at technical charts that track commodities over a three to six month period to get a more reliable indication as to where the market is headed.
~ Most important: learn from your mistakes.
So, what did I do with the money I have left? I invested in shares; the Sensex hovering around 9600... Good judgment or sheer foolishness? Only time will tell.
Satish Vijaykumar blogs on Mumbai, which he refers to as the City of dreams & City of Sensex.
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
Trade Commodity
No comments:
Post a Comment