Investing in the stock market is
one of the best things you can do with your money, provided you know what
you're doing. If you are not sure, seek advice immediately from an expert, say
a stock broker who can advise on you on stock market, share prices, real time alerts
and other related news. You have a wealth of choices in how to buy and sell
stocks these days, but you still need a stock broker to convert all possible financial investment option into a successful portfolio.
These
days, everything is available online. You do not necessarily have to sit in the
broker’s office for hours together. In today’s time, it is important to find one
who provides best stock broker online service and guide you in the right track
in order to make rewarding decisions. Every piece of information gathered from
the stock broker will help you avoid suffering the financial consequences of any
poor choices made.
Essentially
you must determine the level of service you need and share plans with your stock
broker whether you want to buy investments for long term and hold or trade more
often, either in intraday or on delivery basis. Karvy Stock Broking Limited is
one among the top 10 stock broking companies in India providing financial
services and stock market research tips through its online website karvyonline.com. The website offers
real time data, stock market news, technical charts, and also provides ratings
for each individual stock for online share trading review.
Most
investors tend to make the common mistake of mixing trading strategies with
investments. Karvyonline highlights the following common mistakes investors
make in the stock markets and provides you the best online stock trading
strategies:
Mistake
1: Not doing own research but rather believing in what your friends say!
What to do: Find out where your friends pull out information from. Are they genuine? If you feel investing in a particular stock based on that information is worthwhile, it is always advisable to scrutinize it and consult with your broker before taking a final call.
What to do: Find out where your friends pull out information from. Are they genuine? If you feel investing in a particular stock based on that information is worthwhile, it is always advisable to scrutinize it and consult with your broker before taking a final call.
Mistake 2: Putting too many eggs
into one basket!
What to do: Although you may be focussing on the short term, it is not advisable to gamble all of your money into one stock. Instead diversify your money and invest in stocks that will give you better returns.
What to do: Although you may be focussing on the short term, it is not advisable to gamble all of your money into one stock. Instead diversify your money and invest in stocks that will give you better returns.
Mistake 3: Chasing yield
What to do: It is good to invest into stocks that pay you timely dividend; however they are not the only source of making money. It is better to spread out and include high yield growth stocks for appreciation.
What to do: It is good to invest into stocks that pay you timely dividend; however they are not the only source of making money. It is better to spread out and include high yield growth stocks for appreciation.
Mistake 4: Ignoring Facts
What to do: When your stock broker advises you to buy/sell a product giving you target prices and stop losses, do analyse it once as a lot of research goes into making that logical call. Although you take the final decision, it is wise to question them rather than ignoring their advice.
What to do: When your stock broker advises you to buy/sell a product giving you target prices and stop losses, do analyse it once as a lot of research goes into making that logical call. Although you take the final decision, it is wise to question them rather than ignoring their advice.
Mistake 5: The Past Is Not the
Future
What to do: It is good to draw conclusions from the past but do not place too much importance on past returns. When selecting an investment, dig deeper into previous years’ stock market, share prices, company’s performances etc.
What to do: It is good to draw conclusions from the past but do not place too much importance on past returns. When selecting an investment, dig deeper into previous years’ stock market, share prices, company’s performances etc.
Whether
you are an investor or a volume trader, you can benefit from the stock market
research tips provided by the best stock broker online service, where you will get access to a broad selection of
investments, thereby gaining confidence in taking the right decisions. You need
to be sure of what is important for you before finalizing on the Financial
Investment Option.
