Keep in mind before investing in the stock market

Keep in mind before investing in the stock market

 It is said that if you have knowledge of money market then you can earn money by investing in stock market.

 If the stock market is understood properly then more money can be earned than expected.  If you also want to trade effectively in the market, keep in mind the three main points like entry, exit and stop loss.


 Know the trade plan ...

 Trading in the stock market is a kind of business and no business can be successful without an accurate plan.  While working on the right strategy, get information about risk taking ability, investment target, capital allocation, short term and long term investment.


 Do not be overconfident ...

 It is not right to increase your allocation without thinking in case of too much profit.  Staying on the trade plan, make a move in the stock market according to the plan already made.


 Limit your loss

 Stop loss is a predetermined amount of risk that a trader is willing to bear with each trade.  This limits the size of your damage.  In such a situation, do not ignore the stop loss while planning your trade.

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