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WallStreet vs WallStreetBets... IT STINKS!
#14
(02-26-2021, 06:42 PM)xdude Wrote: There are plenty of people who invest in stock markets and currency markets without a clue what they should do. If you are inexperienced then there are basic rules to follow. One of those universal rules and buy when stock prices fell low and sell when rise.  But many do it the other way and lose money. Also if you want to get into day trading then you will be losing a bit of money till you start underlying correct vibes. This is why nobody should invest big till you learn it well. Plus there is the risk factor. How much risk you are willing to take.

Many small investors got good profits from the GameStop drama. Especially those who decide to take a risk and bought it while it was under 10 and rising. They bought it before the price goes high and exit the market before it hit the peak.

Yep, I've see newbies sink due to investing all their funds at one place, price drops steeply and then it's gone. People need to master the bull and bear concepts before entering this field. Personally I feel this is one sphere where a high level of professionalism is required to make profits, so if you can't do it yourself it's always better to hire a broker. 

Smart investment is also the key. Putting in big amounts at a few places can be awfully risky than putting small amounts at more number of places. At least this ensures that even if a couple of your investments fall that doesn't ruin you as an individual. 

There are a lot of things to be kept in mind parallelly while investing, the ones I spoke of are just the basics.
Sayan Bhattacharyya,

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