What are the basics needed for investment in stock markets?
I agree with “A Nobody” in that before you spend $,01 you better know what you are doing and why you’re doing it. Yes important to have your own trading/investing rules along with a good money management policy Here are some investing/trading rules that have worked for many investors/traders 1. The first and primary rule should be never enter into a trade without knowing when and where you’re going to close the trade. 2. Never invest on emotions; feelings have no place in determining investments. 3. Only buy stocks with real sales and real earnings, does not apply to pennystocks since they are crap shoots and are traded as fun things and not as investments. 4. Only consider buying stocks with each of the last three years’ earnings up 25%+, return on equity of 17%+ and recent earnings and sales accelerating. 5. Avoid cheap stocks, buy only higher quality stocks selling $10 a share and higher. 6. Never buy if the firm is filing or in bankruptcy. 7. Learn how to use charts to see sound ba
