In this article, we'll cover “8 Tips That Everybody Knows But Never Do." You have to have a long-term vision, because if you always want to think in the short term, you will see serious damage during a market downturn.
Have a share of different industries in your portfolio.
Never invest all your capital in one company.
Divide your capital into three, four, or five parts and invest in different symbols, or in other words, create a portfolio.
This puts you at less risk and less likely to lose your capital.
Don't be the same color as others when shopping.
He heard the sheep say that one of the sheep jumped into a valley and jumped all over. And many are killed, why?
Because they followed others. If following others would be profitable, they would all be billionaires now.
So don't look at others when buying stocks, don't look at your analysis, even if it's the sales queue. If you're sure it will go up, buy it without any fear.
Always have some cash so you can take advantage of all the opportunities in the market and if you convert your money into stocks, you can convert some of your profitable stocks into money.
You can't use the whole market unless you have a lot of capital and a lot of people work for you.
If you don't have one, just keep some money, which is a good opportunity to have money for one or two new opportunities.
Never be biased against your stock and improve your portfolio by discovering new news.
Don't marry your stock, as the saying goes.
Prejudice about a share makes you not hear or see much of the return patterns or credible news or anything bad about that share.
You marry to make a profit, not to make a profit, because a profit makes a profit.
If you are a person with a long-term perspective, go for the mother industry.
Mother companies are better for long-term investment or large capital
Because you can sell better and they have less risk
They also have less effect on market excitement and you can sleep well at night.
Don't be afraid of market stagnation because it can be the best time for you. In this course, you can get the best results by looking for opportunities.
No market is always on the rise.
Note that a climber can never climb a mountain directly and without rest
In this case, where the mountain is very flat, it falls to the bottom of the mountain
The same vote spirals the path and rests for as long as it goes.
The capital market is the same. A period of stagnation means preparing for a powerful ascent.
You need to take this opportunity to gather information from companies
So that you can find the best opportunities when you start the market again.
Don't go for less that your full potential.
Don't pay attention to rumors.
The rumors are spread by profiteers so that the company's shares will slow down and sell their shares, and then the company will face a decline.
Rumors are one of the main enemies of logic.
Emotions engage you and if emotions enter the investment
You lose all your capital.
Never wait for a miracle and analyze companies as much as you can.
There is no miracle in the stock market, only earning a better income than other methods.
Of course, the damage is even greater, but if you are constantly gathering information, your losses will be minimized.
In the capital market, what sets you apart from others and benefits you is your information and level of awareness.
Published and authored by FalconProfit.com