| Topic : Learning while Earning |
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Activity:
3 comments
275 views
last activity : 07 06 2010 20:18:04 +0000
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you could learn a lot of how to lead a life just by learning how to invest well.a few examples i would give.
do not add to your mistakes.generally we keep on adding to the initial mistake.we do the same mistake while investing,you invest once and when that investment goes wrong you reinvest,and you keep on adding as the price goes down and every time you do this mistake it cost you something in monetary terms.you would learn not to add on to your mistakes.
decision making.
investment is all about decision making to sell and not to sell to hold or to dispose.when you keep on taking investment decision you would improve your decision making.
keeping records.
in normal life you do not keep records of things ,if you do not do it in stock market you would be paying a monetary penalty.you learn to keep records.
time keeping.
everything in teh stock market is about timing,to pay in time,to deliver in time,to trade within the specified time and if you do not keep up with your time schedule there is a penalty you learn to be doing things in time.
keeping your self updated.
everything in stock market is about information,keeping your self updated .becomes a habitknowing the latest.
how you react to loss and bad events.
you need to keep poised and self controled in the stock market,other wise you would go beraksherk you woul dtake wrong decision.it is a good way to learn to handle difficult situation in real time basis.and learn to keep your cool and take informed decision even in bad times,adverse times.
you learn to sell and dispose off things which are not working for you.
selling is a art,generally we are used to buying and hoarding things,we do not sell when you are in share market you learn to sell.
you would learn to let go.
when you learn to sell and let go your holding of share you learn to let go.
you need a lot of patiance to make profit in stock market.
you learn to have patiance.
you learn to take decision of not selling and holding on ,it is not necessary to take action everytime you read some news .
you learn the art of not doing something when the news around is different.
there are somemore art of living you learn when you trade in stocks.
trade in small lots of shares and you would acquire lots of tricks inherently which would help you in life.
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