Books on beginners stock market

Books on beginners stock market

Posted: currnet Date of post: 02.06.2017

Krishna left the following comment slightly edited a few days ago:. I am a techie and I am preparing myself to start investing in stocks. It will be more helpful if there is a post describing investing for novices like me. This is an interesting comment not only because of the nature of the question but also because of its timing.

I wrote a post titled Why I continue to invest in stocks? That title sounds fairly ridiculous today, but remember at that time and this is just 3 months ago, there was a lot of doom and gloom with respect to the situation in Europe and a lot of people were simply disgusted with the way stocks had dropped. The common concern at the time was whether it made sense to continue with SIPs or should you sell all your stocks and invest in fixed deposits?

Not many people were gearing up to invest in stocks because of all the pessimism that surrounded them and there were hardly any new entrants to the market. I think it is important to remember the background here because a market that goes up rapidly draws a lot of first time investors who really are speculators at the time.

I know that I was attracted to the market because of this and I know countless other individuals who were drawn to the market with the hope of a quick buck. The reason will always be rooted in something that they have personally seen like this share never goes under Rs. You should try to get out of this stage as soon as possible losing as little money as possible.

Normally, the people who blame the market for their failure are the people who have been at it for a few years, and keep trying the same thing over and over again and hope that this time they get different results even though this has never worked for them earlier.

In this category you will find people who are familiar with things like Elliot Waves, Head and Shoulders Patterns, RSI, MACD and other technical analysis tools and I think trading like this is better than trading without any knowledge of technical trading at all but I am skeptical on how effective this is. In my opinion it is far better to take a longer term approach to investing and get into the third category of investors.

This blog is primarily geared towards long term investors and later in the week I will have a second part to this post on what this constitutes, and how a newbie can approach long term investing. This post is from the Suggest a Topic page. Agreed that the part is missing…. Very nicely written and explained article manshu. I loved every line of the same. I believe that one should have to understand himself firts than the basics of investing. Are you really interested in understanding the basics or you want to learn the ways to earn fast bucks?

I have seen practically that people enters with a long term mind frame but always looks for short term benefits. The heuristic behaviour i. Like you, I think instant gratification is a big part of that and if sooner or later people should recognize this factor not only in stocks but other aspects of life as well. Nice topic and nice flow of thoughts.

There is no single formula to markets. Every once in a while somebody gets famous for his stock picking skills. At the most fundamental level its speculation or gambling. Most of the big names remain big is because the minute they test a stock everybody knows it and goes for it. A great bit of luck also is involved. I know people talk about fundamentals etc but you never get to know whats going inside a company no matter how big or small e.

And the market is too manipulated for a small time investor to understand what happens. Only safe way is blue-chip stocks again I think of Reliance who is not doing so well or mutual funds. I am reminded of Jesse Livermore who is considered father of technical analysis and how many times he went bankrupt and his end. You cant time the market only patience and controlling greed will pay long term. If you really believe that it is gambling at the fundamental level, then there is no point in investing in mutual funds also since they will then in turn invest in stocks, right?

I could my own journy in every stage you have mentioned. My holding period use to be 2 months to 12 months and most of my investment were done through IPO at that time. So come the Jan and i have filled 2 applications for 1 lakh from my friends and my mothers account and there we saw spectacular bubble burst. At this stage i options for otc stocks in category 1 and later in When i moved to category I can make it a full post if you want to expand on it — write some details and what you learned along the way, I think books on beginners stock market will be of value to others who are in income tax implications of stock options situation.

What do you think? I used to be a IPO fanatic in the good old days of till the bubble burst in I also trimmed my stocks portfolio in the rally and now I invest only through Mutual funds. Skipped stage -2 completely.

6 Best Investing Books for Beginners - Frugal Rules

Will provide you all the details… Just let me know your mail id? Long term investment is the most common advice given to novices. But when you have a peak on a buziness channel on TV, or look at a website like moneycontrol.

Is there any authentic website, which purely believes in long term investments and gives their recommendations accordingly? Great post and great timing of the post. When market rises people are attracted to it. And with technology advances investing in stock market seems so easy.

As you rightly pointed out investing is different from trading and one should know why is one getting into the market. Often people who enter stock market for first time in rising market scenario and make gains ignore the fact that A Rising Tide Lifts All Boats.

I commend Krishna for trying to find out more before entering stock market and congratulate his good luck on landing at onemint. The process is still on!

My mother-in-law gave a mantra which I try to follow: Put a maximum limit on how much you need to put in stock market with the idea that if I loose everything in stock market it would not cause me to loose my sleep and my financial position.

She has seen many of her relatives being washed away literally books on beginners stock market to stock market. Often we get paralysis by analysis. For a product, especially when a new product comes in the markets such as LIC Jeevan Vridhi one looks for information which highlights both pros and cons. Yes there are many blogs and fibonacci numbers in forex of them are great too.

But when google throws up onemint. The number of increasing readers of your blog is a proof enough. Time you change the banner to readers from readers: It is interesting to note that right from chapter 1 he was pointing to long term investing. Huh, What a coincidence.

I guess, Great Minds think alike!: Dear Sir, Thanks a lot, for answering my queries. I might be desiring for more money. Hi Manshu When I first started investing in equity mutual funds through relationship manager of my bank, I was asked this question-What is the objective of your investment?

Xforex trade online answer was-To get higher returns than fixed deposits. It was only much later after going through TFL via One Mint that I learnt that-Returns can not be your goal of investment. Most of what I know about personal finance is because of TFL and One Mint. So full credit goes to Hemant and you.

It is only through these blogs that I have learnt about SMART goals, Short, Mid and Long term investing. The object of taking risk that can reduce your investment by half or even more equities is to earn a higher return, else why would anyone get into it at all. Many youngsters come with such queries and i personally feel its good to have some basic knowledge before one can start investing. At age you do not have much liabilities and hence are highly agressive. This leads to unrealistic expectation.

Visit any forums today and the best question i can see is -How can i become crorepati in years. And the bigeest reason i found is not undesrtnding what is wealth and how it is created.

Hence, in my view its will be a wiser approach to study yourself a bit about stock binary option risk reward system 51 and how it behaves. In fact some websites run simulation games related with equity markets. Once you have a general awareness you will be able to decide why you want to invest in equity market.

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What objectives can be met through this asset class and where you can make mistakes. Subscribed to your posts. Kudos for these awsome shares. Even after this if someone is exploring the 3rd one its safer, in case of 1st and 2nd, situation will be more or less same in the future!! I was looking for some beginner level information on how to invest in stock market and came across your article. It was a nice read. Is share market a good place to invest?

I would like to add some personal insight to this article. To invest in the stock market, it is always advisable to know the market, the current market scenario, future trends and then invest. Virtual trading in stock markets are a great way for them to learn how to trade shares without the risk of losing money. Once you create an account with them, you receive virtual money with which you can trade. I started practising with Trakinvest 6 to 8 months back.

You can also get to earn real cash prizes and industry internship opportunities.

9 Best Investment Books for Beginners - TheStreet

You can know more about them at http: Hi Friends Commodities and Equity Trading its most up trend Market So if you have interested to trade means feel free to contact me Chennai people. Dear friend My name is Mr. George Wilson from England I have investment plan in your country India please I need a genuine partner that will partnership with me if you are interested. Nice Blog, I am very new in this stock market field. I am learning by reading blogs.

This is my 5th blog…Those who are freshers please consider Outlook Business website for detailed process. Learning to invest in stock market is not a one-day game. It needs expertise in fundamentals as well as technicals, the pillars of stock market. This is where maximum investors lags and invites huge losses. Investing without taking opinion of Analysts as well as without knowing the actual risk associated with the stock is nothing but asking for troubles.

Your portal is widely known to the fraternity of stock market. Our details are given below. We would like to partner with you in following ways. It is based on Technical Analysis. Notify me of followup comments via e-mail. How to unlock a Blackberry in India?

How should beginners approach investing in the stock market? More from my site Getting started as an investor: Consider Asset Allocation Investing for beginners — Dealing with Stock Market Volatility Part 2: Often people who enter stock market for first time in rising market scenario and make gains ignore the fact that A Rising Tide Lifts All Boats I commend Krishna for trying to find out more before entering stock market and congratulate his good luck on landing at onemint.

Waiting for Part-2 Reply. Hi Manshu Like you I am also for long term investing only. So, waiting for part Well, One mint is not just a blog,its THE BLOG. Thanks a lot Sir.

D keep up the great work. Waiting impatiently for the second post! Thats very nice of you to say -thank you! Hi Manshu Yes, asset allocation, diversification and rebalancing are all very important. Manshu, Very good post. Tell me something about shares Reply.

Thank you, looking forward to read more comments from you. Also i need to know, what are the action need to take before investing money in share market. I too need the same answer Rajat. Can you help me too? How to start with an investing and how i need to approach? Hi Friends Commodities and Equity Trading its most up trend Market So if you have interested to trade means feel free to contact me Chennai people Just you share your contact details through my mail am communicate with you somu.

Our system is Cloud based so you can access it from anywhere. High Quality Technical Charts 2. Hello sir, I want to do small investments. Cancel reply Leave a Comment.

books on beginners stock market

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