Make your First Trade

Trading

Trading is a great way to have primary income or secondary income according to the choice of individual. The interest in trading stock is increasing day by day and the number is increasing.

Is trading easy?

How do I make my first trade?

Will I gain profit?

What if I go Wrong?

These are the few questions which come to our mind when we think of trading. It is the common tendency of 90% people to think of losses before they start any thing. So first thing is to ask yourself is that

1. What is the thing which have no risk ?
2. Is there any job without any risk ?
3. Is there any Business without risk ?

There is nothing in this world which don't involve risk. Even have food in excess quantity is a risk.

Same is applicable for trading as well. Trading is a clear gambling game , only the fact is that it is legal. 

Is trading easy?

To start trading is easy. Trading is just simple as buying a product from a shop online or offline. The only thing one should take care of of is try to gain as much information and also should be able to analyse on your own.

This is very common that people rely on others for tips and act accordingly. This is not totally wrong but one should also understand whether the tip is good or not.

How do I make my first trade?

As I said, you should be able to to make your analysis. The simple way of doing analysis is add 10 to 15 stocks to your watch list.

•  Study these stocks and observe their performance in last five years.
• Check their performance during various interval of time
• Study the fundamentals influencing the stock.
• Also one should aware of cultural, political and industrial updates that might influence the stock  the share market.  

These are the basic thing to keep in mind and so you can simply make you first trade with a calculated risk.

Will I gain profit?

No one can guarantee whether you will have profit of loss as said before it is a gamble with some sets of analysis.

What if I go Wrong?

Well everyone makes mistakes as no one is perfect. The important thing is that you learn from your mistakes. There are few things to avoid big mistakes or to reduce the intensity of your mistakes.

They are as follows:

1. Never make all investment in a single stock.
2. Invest only 10-15 % of your total capacity.
3. Don't make decision entirely on someone else advice.
4. Keep studying the basic fundamentals.

Dear readers let me know about any queries.

Thank You.