Buy,sell or hold stock for any co. what basics I must know of co.,of industry, of competitors ,of futures etc.
I would like to buy,sell stocks as a full time job.I would like to know details like when and why to buy ,which co to buy,why to buy,why to hold,why and when to sell,what is fair value,what are tecnicalities,how much return I can expect and in how much time.I would like to know about competitors,the future of the stock,future of the industry,future of the country,future of the world,future of politics,future of demand and supply.What other pro and cons of buying a particular stocks,risk factors,volatility,analysists opinion,who are influential individuals,groups who are buying or selling or holding the same stock and for how long.I would like to know possibly all the factors good and bad internationally point by point for stocks which can effect them to buy or to sell or to hold.I would like to know everything about all the stocks including penny stocks,new industries,new technology,new companies coming in market.I would like to know all the info much more early so that I can take adv
August 26th, 2010 at 3:04 pm
Just like any other business, you need to gain knowledge of investing first by taking courses and reading books. You need to be trained by professionals and with time and experience you will develop your own strategies and will become a successful trader.
Trading is no different than any other business, you must learn and get experineced. A lot of people fail in the stock market because they lack knowledge, experience and treat it like gambling. They lose a few times and give up.
To be a trader and do everything you described in your question, you must definitely have a passion for it, if not you will fail. Patience is very important as well.