Stock Trading

Do you want to become financially rich?

This question invariably raises the eyebrows. Who does not want to become rich? Everyone does.

Your bank account and your attitude determine the comforts you enjoy. Then what is the vehicle you are taking to reach that money bin you want?

In case if you are aiming towards Stock Trading, here are some of the reasons to take up or not to take up seriously.

PINK REASONS:

1. Stock Trading is relatively easy to learn: Compared to medical, engineering or rocket science, one can learn the science of Stock Trading relatively easy. There are plenty of books and courses available in the market. Internet can bring them to your door step.

2. Stock Trading is a home based business: Stock Trading is one business which suits well to those who love to stay at home and avoid spending time (non renewable resource) in traffic. Single parenting mom or dad will have lot of time left to take care of the child. A grand mom with low physical strength to do other jobs can trade stocks. It is an opportunity for old buddies to stand on themselves and lead a respectable life.

3. Stock Trading is relatively easy to set up: Compared to a clinic, grocery shop, beauty parlour or even a petty shop, setting up of Stock Trading business is easy.

4. Stock Trading does not involve physical inventories: In Stock Trading what ever you buy and sell are virtual assets and are credited / debited to your DP account.

5. Stock Trading does not need workers: No boss, no colleagues and no subordinates. Do you like it? I love it.

6. Stock Trading has the flexibility of capital: One can trade stocks with as little or as big capital. As your capital increases you need not change any of your setup. In any other business as the capital increases, the office size, number of worker, expenses, etc; keeps increasing.

7. Stock Trading is a business on move: Do you love moving around? I do! You can stay in Egypt for a month, Paris for two months, Kashmir for three months and Hawaii for four months. Still you can carry on your trading.

8. Stock Trading can multiply the capital in relatively short time: Capital can be increased relatively faster comparable to a few. As and when one gets more experience in selecting trade setup, the profit increases exponentially.

9. Stock Trading business can be capitalized any time: If one is in need of cash, one can sell her stock in a few minutes and get the cash delivered to ones bank account in a few days. In case one is interested in closing down her business, it can be done in a few days. Of course one can restart her business with similar ease.

BLUE REASONS:

1. Stock Trading needs getting educated FIRST: If one is reluctant to learn first, Stock Trading is NOT for them. This is not a 'get rich quick scheme'. It involves 'learn first; earn next and keep learning forever'.

2. Stock Trading is a disciplined game: Discipline is something which takes a strong will to develop. It is a fight against oneself. Violating trading rules can bring down your capital enormously and in a very short span of time. It can wipe your name in no time from Stock Trading business.

3. Stock Trading does not make you work: If one needs someone to tell him what to do and what not to do, Stock Trading is not for them. One has to be responsible for both their success as well as their failure. Do not blame anybody for loosing money (except you). If you want tips to trade then Stock Trading is not for you.

4. Stock Trading demands vigilant care: Of course all business needs to be cared. But Stock Trading needs much more tender care and love. It demands more vigilant care. Shorter the trade cycles, more is the care and vigilance needed.

Consider all these points before you decide to take up or not to take up Stock Trading.

Whenever any one asks me about Stock Trading, I always tell them that it is like goldmine. You can take away as much gold as you want. Buy if you are careless you might loose your life also.

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