Last Updated: Monday, December 21, 2015

How to Become Millionaire by Investing In Stock Market?

How to Become Millionaire by Investing In Stock Market?

How to Become Millionaire by Investing In Stock Market?Everyone has its own trading and investment style in stock market but they all have the common question in their mind "How to Become Millionaire by Investing In Stock Market?" In fact it is tough to find out a quick fix trading and investment style in stock market but some Fundas are almost common among all millionaire investors/traders. In present post I have tried to express some of the most discussed trading ideas and  investment ideas in order to explore "How to Become Millionaire by Investing In Stock Market"?

How to Become Millionaire by Investing In Stock Market?



1. Trading with Trend: Bet on Winning Horse
Image:How_to_Become_multi_Millionaire_trading_Investing In Stock Market?
As you have just initiated your steps in stock market with plenty of dreams, you should make sure to focus on Buzzing stocks i.e. stay tune with trend as it is said "Trend is friend". At the same time we suggest you to do your pwn research, look into their price patterns and focus on stocks which are already in momentum as you plan to go with them until they reach new heights instead of focusing on stocks hitting new lows. 

2. "Buy" and "Short Sell" are the Two Aspects of the Stock Market

Some of the trader think they need a bull market to get rich in stock market but this is only a half story and  it isn't the case. Don't hesitate short selling in trend is downside, you should not have to hold on to a stock for a long time to earn a profit, but look at the success story of some day-traders have; they are the epitome of earning off of short selling. Nothing wrong with short selling as you are in stock market to earn money only, remember if you are adhere to the old principles then you will still be found searching somewhere the term "How to Become Millionaire by Investing In Stock Market?"  on Google throughout your life like today you did it.

3. Book Your Losses Quickly
If you want to to Become Millionaire in Stock Market, take your ego completely out of the situation. In case you face a set back, book your losses and move on fast. Do not dwell on your stupid decision,  instead look to the future opportunity. You are going to fail, so mindset yourself and just be ready to move on another opportunities.

4. Don't Hesitate to Book Partial or Entire Profit
The interesting thing about your un-booked profit is that they aren't really profit until you book them. you should not hesitate to book partial profits or take entire profit too quickly. The Stock market changes fast there is nothing wrong in getting out when you feel it is right time to book the profits that you have earned.

5. Taking help of  New Technologies 
Nothing in the world is changing fast than technologies,  so be the change if you want to be Millionaire in Stock Market. Now is the time to be associated with modern sophisticated technologies. There are the business of the future, Knock new technologies and business models and be willing to stay ahead of the time as you look to your investments in future.

6. Prefer Liquid Stocks
If you really want to earn some serious money in the stock market, this is good to stick to liquid and highly traded stocks. Try to abstain yourself from illiquid stocks as these are the stocks which make big promises but followed by some downtrend.

7. Don't trust anyone in the Stock Market, Do your own research
In the trading world of stock market, talk is cheap. Don't listen to or trust promises or hype  at all, look only the way stocks are behaving, you should do your own research by looking into how the stock you are tracking is performing and what action it is really taking in the market. This is the way you can understand what to expect from the stock you are tracking in the future.
8. Diversify but avoid too much of it;
Everyone in stock market suggest not to put all of your eggs in one basket even I believe the same but too much diversification is not the way to be Millionaire through Investing in Stock Market.  I have my personal experience is too much diversified investment creates obstacle in booking profit as we gain high in percentage return but few in monetary return. One should typically keep one to two stocks at a time and should not use more than 30% of one's assets in investments, that's it.

9. Don't Leverage;
Spread your legs according to the blanket, So many people talk about Derivatives/Options/Future trading by using leverage but this is not the way to be Millionaire in Stock Market. One must avoid leveraging and doing margin trading in the stock market unless it becomes inevitable to do so.

10. You Don't Need to give bottom finishing nor to Sell at the Top
No one in the stock market can buy at the bottom and sell at the top, so many of new traders having dream  to be Millionaire in Stock Market are focused on the old adage that they need to buy right at the bottom and sell right at the top. Though it would be nice if you could do the same but you just need to focus on the meet of the move, not necessarily the top and bottom. Instead you should get in during the middle and still make some major profits.

I know you might be missing some of the important trading ideas in above post and if it is; it is due to my commitment to keep this article as short as possible. Please do post your valuable comments and suggestions as to present post "How to Become Millionaire by Investing In Stock Market?"

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1 comment:

  1. Along with the right planning and strategy if you have a professional Equity Tips provider company like Epic Research, then you can earn huge profit.

    ReplyDelete