TILL NOW I HAVE PROVIDED YOU ALL THE BASICS,THESE WILL EQUIP YOU IN THIS FIELD,BUT JUST THE THEORETICAL KNOWLEDGE IS NOT GOING TO HELP.
YOU NEED TO KNOW HOW TO PUT ALL THIS KNOWLEDGE TO WORK AND HOW TO ENHANCE IT DAY IN DAY OUT.FROM HEREON I WILL TRY TO DO THE SAME AND HOPE YOU TOO.
I WOULD LIKE TO SPECIALLY MENTION THAT THERE ARE TWO MORE IMPORTANT TRANSACTIONS NAMED 'FUTURES AND OPTIONS' STILL LEFT.BUT THE COMPLEXITY INVOLVED REQUIRES YOUR BASICS TO BE PERFECT.SO FIRST WE WILL TRY AND APPLY ALL THE THINGS WE LEARNED SO FAR AND THEN ONLY MOVE TO 'FUTURES AND OPTIONS'.
SO WHAT DOES BEING STREET SMART IMPLY WITH SHARE MARKET? BEING STREET SMART MEANS DOING THE RIGHT THING AT THE RIGHT TIME. LETS JOT DOWN A FEW STEPS FOR THE SAME
FOLLOWING THE MARKET:
NOW WHEREVER YOUR MONEY IS INVOLVED ALL THE CARE SHOULD BE TAKEN.YOU NEED TO FOLLOW THE MARKET AND KEEP A WATCH ON ALL ITS OPERATIONS. DOES THAT MEAN SPENDING THE WHOLE DAY AT MY BROKER? DEFINITELY NO. THE MARKET CAN BE FOLLOWED PRETTY EASILY ALONG WITH YOUR DAILY WORK. SAY YOU WORK 9 TO 6 THEN WHAT ALL DO YOU NEED TO DO?
THE MINIMUM YOU SHOULD DO IS
* READ A BUSINESS NEWSPAPER
* WATCH BUSINESS NEWS AT LEAST ONCE A DAY
* BE AWARE OF MAJOR HAPPENINGS IN THE COUNTRY,BY READING AT LEAST FRONT PAGE NEWS.
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