Many offer advice on the so-called proven strategies of stock market, but where are the profits? Their nature is such; you can neither adopt them blindly nor give them up. An investor entering in the exchange for the first time needs something to fall back upon. You have decided about the size of the investment that you are going to make, and you visualize is growth within a certain period. What are your grounds for estimating? You must have pondered over the pros and cons of certain issues before evolving your plan of action. The investment plan that is suitable for one may not find favor with the other.



Open any broker's site, read any periodical related to the subject of shares, meet any old guard of the exchange, you will be flooded with ideas and tips as to how to proceed with the investments in shares. You get bright pictures, if your investment gets them the benefit of brokerage. The best plan of investments however has to be finalized by you on the basis of your steady experience. If you suffer some initial losses, not to get disheartened is the prime rule of the game. Your confidence is going to usher your winning streak.

Select a group of shares that belong to different segments of industry. Not to put all the eggs in one basket is the time-tested rule. You thus, diversify the risk. Once you buy the share, do not relax. Watch the movement in the prices daily. Whether they are the normal fluctuations or any abnormality is seen! When you buy a particular share, fix its selling limit on a pragmatic basis and sell when the share touches that price. This time, you must not turn greedy and hold on the share further. Book your profit and think about the next move. Within this period, you must have received better alerts and you could see upcoming trends in many shares.

You also need to cultivate the sense of timing. The importance of timing can not be overemphasized in buying and selling activities. In day trading shares, timing builds or breaks an investor. The wise saying, ?buy low and sell high,? is everybody's dream.

Avoid impulsive buying. Do no buy because everybody is buying. This ?sheep?ish tendency is very dangerous in share business. Do not buy under pressure from friends and elatives. Opinions without justification or proper research, will lead the investor nowhere. Sometimes, the prices of shares are deliberately pushed up by the vested interests, to book quick profits. Information is floated as ?insider's news.? One needs to avoid all these traps and do business following fair principles.

The wise saying goes, ?One should lift oneself by one's own efforts and should not degrade oneself; for one's own self is one's friend, and one's own self is one's enemy.?

From the day you think that you nave no friends or well-wishes in this business, and you are of your own, be sure, that is the beginning of your progress. Your best friend is your dynamic confidence and the ?never say die,? attitude.

Once you respect an idea and know that it is going to benefit you, do not be whimsical and change your opinion on the basis of hearsay. Thousand investors have equal number of opinions. Share tips are hints and cent per cent reliability is impossibility. The company's staff and senior personnel at times, are wonder struck about the growth rate of their own shares and feel sorry about the missed opportunities. Try to learn as much as possible about this wonderland of investments.