Joined: 06/Jan/2010
Location: India
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Posts: 171
Topic: vivbhauka-strategy and principles Posted: 23/Apr/2010 at 12:04pm
in stock markets the most important thing is how u approach it.what u want from the markets.as u want so will u see it.because market does what it has to do.only it acts differently to different people.some loose some make money.but market does one thing for both people and in general to all market players.
hence the most imp part is to have ur plans strategies goals etc...rather than getting out and look what will move up today.
these plans strategies goals could be self developed.as it differs person to person hence cant generalise.therefor how much u read on paper they will work differently for different people.u know it by practice and hearing around by people.
A very good observation. I agree to your contention 100%. For any one to succeed in Market one must have a strategy. The strategy for a long term investor and a short term investor varies. Similarly the strategy for a person having 10 crores will be different from strategy of one having Rs 50000/-. The strategy of a young man will be different from that of a man in fifties. Further, the amount of time you can devote to your portfolio also has an impact on the strategy you adopt. There are many situations that suit one person and may not suit another person. Here successful investors develop their own style gained out of past experiences and their limitation(of knowledge, time ,capital etc).
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