2. Golden Rules of Stock Investment
Stock markets have always lured scores of investors for their
tremendous potential when it comes to making stupendous
amount of money.
However, investing in stocks is not free from risks and making
money with stocks is not inherently easy. It takes a lot of self
discipline and patience along with research and market
understanding.
Not sure about investing or how to start? Well, you will find
the following information pretty useful.
3. Avoid the herd mentality:
Are your friends and relatives dictating your investment
decisions? You need to take independent decisions and avoid
the herd mentality!
Something that works for others might not work for you and
you may repent your decision of blindly following someone
else later on!
In the words of Warren Buffet, who is considered world’s
greatest investor, “Be fearful when others are greedy, and be
greedy when others are fearful!”
4. Research Thoroughly
Perform thorough research before investing your hard earned
money in any particular stock. Take help of good quality books,
investment related articles and websites for performing search.
Devote significant amount of time in the research process and
do not hurry with investment. You need to be completely sure
about various factors at play before investing.
If needed, take help from an established broker or automated
investment software like Clone Algo.
5. Do Not Invest in a stock, Invest in a business
Do you completely understand the business whose stocks you
are going to purchase? If not, pause and rethink!
You ought to invest in a business, not in the stock! Do you
know everything about the business in which you are going to
invest?
How strong are the fundamentals of the company? If the
company has a good past track record, it may perform well in
the future as well.
6. Prudent Investment Policy
Stock markets are known to be extremely volatile and investors
are panicky at times.
Panic selling can result in investors losing huge amounts of
money within no time!
You need to invest wisely, choose your preferred stocks smartly
and have patience. Follow a prudent investment approach and
plan to stay invested for long run.
7. Create a sufficiently broad portfolio
Identify the better performing sectors and choose a handful of stocks to
invest in each sector. Never limit yourself to a particular sector or stock!
Some of the sectors that can be considered for investment include:
•BANKING AND INSURANCE
•ENGINEERING & CONSTRUCTION
•POWER
•INFORMATION AND TECHNOLOGY
•CONSUMER GOODS
•HEALTHCARE
•AUTO
Research thoroughly and pick the better performing stocks while balancing
your available budget
8. WHERE CLONE ALGO FITS IN?
The Clone Algo Application for smartphones is designed in a way to let
users choose the Artificial Intelligence algorithms for making smart
investment decisions.
The Clone Algo Application eases stock trading, Futures, FOREX and Online
Gold Investment.
Investors who wish to get started ought to download the application, fund
their accounts and choose their preferred algos! It is as simple as that!
9. GET IN TOUCH!!
Check out the websites http://www.algomarkets.com/ and
http://www.clonealgo.us/ for more information and getting started.
Thank You!