This explosion is pleasing to one's eyes, ears and mind. The explosion of trading profits in the Exchange! The business hours of just one day, can change the fortunes of a wise and lucky investor. One may like to observe that the day trade in shares has the elements of gambler's instinct. Every type of business activity, every type of trade possesses the traces of such an instinct. But Exchange is certainly not the gambling den. It is an area of study for the economist and the sociologist. The human element and the economic aspects play the crucial roles in deciding about the price of a share.

Stock market strategic planning involves broadly,

1. Each trade needs to be a part of the ultimate goal. Study the long-term perspectives of the company's growth. Do not make an imaginative (weird sentence), but practical study.

2. Evolve a specific research criterion for your trades. Past performance and the current prospectus have impact on the price of a share. Adhere to this plan, and modify it according to the specific demands of the business.

3. Fickle-minded approach with a view to quick profits is not the advisable strategy. Discipline and restraint are the key factors for the ultimate success.

4. Make a careful study of the latest research material. In this era of industrial and internet revolution, the investment climate changes at a fast pace. What was right for the forecast a month ago may not be applicable for the present time.

5. Some high profile brokers who make more than required use of advertisement gimmicks promise to double your income within 2-3 months. Reject such aversions outright. If money-making in shares has been that easy, they would have done it for themselves, instead of throwing the bait at the gullible investors.

6. Do not be carried away by the imaginings that you have evolved yourself as a perfect investor. The mistakes may happen at the most unsuspected moment, and a year's earnings may be wiped out in a day. Deal in shares confidently, but do not become over-confident. Always remain a willing student and study the latest internet techniques for the trade. Use scientific advancement to your benefit.

7. Make decisions on practical considerations depending upon the mood of the market, giving least priority to your emotions. Decisions need to be fact-based, not whimsical.

8. You need to completely wipe out the traces if any, of the belief that the trading in shares is the surest way to strike it rich. Success stories are the exceptions, not the rule. The authors of such success stories have also strictly followed the guidelines. Only they were intelligent in framing such guidelines and implementing them. Your sound trading strategy needs to be tempered with patience and control.

9. Buy low and sell high is the golden rule of, trading in shares. It is easily declared, but difficult to implement. The low price of a share is not the invitation to purchase it. The price may further shrink. It may shrink to the point of zero and the company may go into liquidation. Before buying any share, notwithstanding the best recommendations from the broker, you need to have well-researched reasons to include it in your portfolio. Even the predictions based on technical analysis, are not absolute predictions. Several market factors, their pressures and counter-pressures are responsible for the prevailing level of the price of a share.

10. From the point of view of a new investor, the timing of the entry into the market is important. The market has a cycle. Certain months in a year are favorable for quick growth of the investments. Study the current economic conditions that will affect the shares of a particular segment of the industry.

Constantly review the portfolio and make it part of the discipline of your investment strategy. Just because the price of a share is abruptly increasing you should not relax your vigilance. Find out what are the reasons for the sudden upswing. The revelation of your study could at times be startling.