Failing to make good investment decision , unexpected decline of company fundamentals may lead to loss of money in long term investment
While in day trading one has to identify highly volatile stock(eg TIL ,too volatile for weak hearts !!!!!!)
Day trading is time consuming , risky but u can make real good money , real quick !
Take care of taxes and costs
As they r different for different Demat Accounts
1.For long term investment one should opt for high dividend paying stocks.
2. Dividend history should be studied .
3. Dividend money get transferred to your savings account attached with Demat
4. Profits depend on risk management
5. Trade to make money and not to prove that you are right, latter drowns you.
6. Identify few stocks and focus on them
Try to buy good businesses that you understand, bet long-term and, most importantly, buy cheap.
While in day trading one has to identify highly volatile stock(eg TIL ,too volatile for weak hearts !!!!!!)
Day trading is time consuming , risky but u can make real good money , real quick !
Take care of taxes and costs
As they r different for different Demat Accounts
1.For long term investment one should opt for high dividend paying stocks.
2. Dividend history should be studied .
3. Dividend money get transferred to your savings account attached with Demat
4. Profits depend on risk management
5. Trade to make money and not to prove that you are right, latter drowns you.
6. Identify few stocks and focus on them
Try to buy good businesses that you understand, bet long-term and, most importantly, buy cheap.
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