A FEW GOLDEN RULES FOR NEWBIES

Gintonic · 1 A FEW GOLDEN RULES FOR NEWBIES Fri Oct 17, 2014 4:58 am

Gintonic

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(1) DO NOT buy a share blindly just because all the others are doing so.Study the share first.Delve into the financial reports.Take a look at the charts,support & resistance levels etc.,see if the company's future projects are feasible.
(2) DO NOT put all your eggs in one basket.(No pun intended!)Have a mixed portfolio.
(3) DO NOT invest all your money in the market.A share you have bought could come down.Having a little money aside will enable you to buy more of it at a lesser price.
(4) DO NOT expect all your shares to be on an ascending line only.Any share,no matter how strong it is,could come tumbling down.So have a "stop-loss" level planned.Then you can get out with minimal damage & come back to fight another day.
(5) DO NOT fall prey to rumor mongers.There are so many rumor mongers,too many brokers,but only a few good advisers in the stock market.
(6) DO NOT ever buy a share with the unholy intention of dumping it on some unsuspecting dupe when the time comes.Ill-gotten wealth is a magnate that attracts misfortune, ill health,family problems,accidents,unhappiness etc.The list is long.
(6)DO NOT be mad at all these "DO NOTS"please.So for a change,DO BE A WISE INVESTOR & AN HONEST TRADER! Smile

Last edited by Gintonic on Fri Oct 17, 2014 5:03 am; edited 1 time in total (Reason for editing : spelling mistake)

Pethi · 2 Re: A FEW GOLDEN RULES FOR NEWBIES Sat Oct 18, 2014 4:35 am

Pethi

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if you are a newbie, Start slowly and develop your portfolio.
Slow and steady wins.

nalban · 3 Re: A FEW GOLDEN RULES FOR NEWBIES Sat Oct 18, 2014 2:43 pm

nalban

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Thanks a lot on behalf of all the newbies

Gintonic · 4 Re: A FEW GOLDEN RULES FOR NEWBIES Sun Oct 19, 2014 3:49 am

Gintonic

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nalban wrote:Thanks a lot on behalf of all the newbies

You are welcome pal.There are quite a few people here willing to help others. Smile

Gintonic · 5 Re: A FEW GOLDEN RULES FOR NEWBIES Sun Oct 19, 2014 3:51 am

Gintonic

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Pethi wrote:if you are a newbie, Start slowly and develop your portfolio.
Slow and steady wins.

Yes "Pethi." Sound advice. Smile

Padonrup · 6 Re: A FEW GOLDEN RULES FOR NEWBIES Sun Oct 19, 2014 8:45 am

Padonrup

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Thanks Gintonic

Ernie Tissera · 7 Ernie Tissera Mon Oct 20, 2014 1:05 pm

Ernie Tissera

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Gintonic wrote:(1) DO NOT buy a share blindly just because all the others are doing so.Study the share first.Delve into the financial reports.Take a look at the charts,support & resistance levels etc.,see if the company's future projects are feasible.
(2) DO NOT put all your eggs in one basket.(No pun intended!)Have a mixed portfolio.
(3) DO NOT invest all your money in the market.A share you have bought could come down.Having a little money aside will enable you to buy more of it at a lesser price.
(4) DO NOT expect all your shares to be on an ascending line only.Any share,no matter how strong it is,could come tumbling down.So have a "stop-loss" level planned.Then you can get out with minimal damage & come back to fight another day.
(5) DO NOT fall prey to rumor mongers.There are so many rumor mongers,too many brokers,but only a few good advisers in the stock market.
(6) DO NOT ever buy a share with the unholy intention of dumping it on some unsuspecting dupe when the time comes.Ill-gotten wealth is a magnate that attracts misfortune, ill health,family problems,accidents,unhappiness etc.The list is long.
(6)DO NOT be mad at all these "DO NOTS"please.So for a change,DO BE A WISE INVESTOR & AN HONEST TRADER!

This is very good advice. Better to save this and read daily before you enter. Thanks Gintonic