Several people join markets each day,but most lose track looking into flashy gains on SM.
I am putting down a 12 month blueprint for serious ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ๐.To put these things,it takes time & to commend that a #RETWEEET will be appreciable.
Read Economic Times, Bloomberg and Investopedia. Learn about balance sheet, P & L statement and ratios through CBSE 10th-12th commerce books or any MBA acc books which you will easily find anywhere.These days even E books are available for FREE.
Continue step1 bt now add just add 2 books too now by the author Benjamin Graham- The Security Analysis and the Intelligent investor. These 2 books will be now your friends for your entire life and to complete at first,you need to spend atleast 3โ4 months.
Repeat the activities of first and second month but now you also need to start virtual trades. With what so ever you learn, go to websites like Moneybhai, assume you have real 50K and start taking virtual pick.
Monitoring ev month end is must.
Follow all the above steps, monitor your performance and see if your paper trades are profitable. If something bad happened bad on the macro level which affected the overall market,then you need not to be disappointed.
Now, start doing your own analysis, formulate your own setup, read perspectives of investors on and research reports by agencies which are easily available on net.If you have done all the above properly,you
-will become wise and smart in the process.
-will be prepared with all the nitty gritty.
-wouldn't accidentally loose your fatherโs money. Prevention is better than cure and preparation is better than facing disappointments.
Now ๐ฅ๐๐๐๐๐ง๐ฌ
#AKAL