How to be successful in stock market

How to be successful in stock market :

Rakesh Jhunjhunwala is widely referred to as the Indian Warren Buffett. The investment maestro is very popular for picking up stocks that could turn into multibaggers, based on his own study of fundamentals and research models. Rakesh Jhunjhunwala is a Chartered Accountant by qualification and a trader by profession.

Invest in a business, not a company.
Generally, investors do the opposite, that is, if a stock of a particular company excites them they buy it without knowing the details of the business and without studying the nature of the business.

This one applies to automated trading, which, by the way, is one of the best ways to trade stocks – especially for amateurs. A trading strategy is simply a set of algorithms that help to make a profit from the market. However, before implementing a strategy, make sure to know that it's backtested. Backtesting is done by running the developed strategy on old data. If the strategy delivers promising results there, chances are, it'll do so in the live markets as well.

Regardless of whether you make a profit or incur a loss, you must analyze your trades. In case you made a profit, it'll help you to find out what it was that led to success. In case you incurred a loss, you'd get to identify your mistakes so that you don't repeat them.

Do you want to learn how this man earn 200 $ per second check this :

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