Thursday, August 27, 2009

Stock trading strategy

Stock market investments/trading requires a lot of mind. You need to have the right mind to make money in stocks. Those who don't have a good strategy and are driven by green and excess fear are called suckers. You must have heard about the stock market jargon "suckers rally".

People sometimes say they want to buy a gift or they want to make a salary from a given investment amount every month.That will never happen. When you are in the markets you need to know what you are buying and what it is worth and your concentration should not go into making 20% from the given money. This makes you look at the 20% more than what the stock is really worth.

Your plan must be how to make money from the market and that should be it. If you happened to have a short term goal, that will keep your mind occupied in that. Keep looking for the right opportunities and when you find one .. just jump in and ride it, Up till you feel its good enough.

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