Tips for Buying Stocks
Stock is one of an important business entity in which we pay invested capital by its business founders.
Follow simple tips for buying stocks:
- Always buy stocks of company which you know yourself, don't trust on advice given by brokers, friends or your colleagues because it may waste all of your money and you got nothing out of that deal.
- Avoid buying stocks when the price falls because you never know whether this price got stable and this is the reason why losers buy more when price falls.
- Always buy stocks according to the latest market trend because many stock moves with the market. It's better to buy long and sell short according to the market trend.
- Always set a financial limit while buying stocks otherwise you will dump all your money in trash and just get loss out of that deal.
- Always remember Whatever goes Higher, Will come down.