How To Keep Your Investing Safe and Secure
Stock Market -Investment-Secure Investment
How To Keep Your Investing Journey Safe and Secure
Today we are going to tell you that how you can keep your investing journey safe and make it healthy to going ahead without any problems because lost of people enter in share market to make money and that is every traders and investors aim but most of people come in fraudulent situations and their smart strategy because people want to earn money immediately and they don't want to give enough time.
So what should you do as a trader or investor to keep investing and trading safe and by following a proper way which not get you in trouble.
Follow the tips below to walk on proper and reliable way and keep your investing journey healthy.
1. Always Be Aware And Verify Things
When you open dematerialization (d-mat) account then you get the calls from brokers and other unknown sources
Why you want to give your money to them? Only Because of you don't know how to do this and also you want to make money from first day..... If you are thinking like this then you are making big mistake because if you do trading dependently then you can't learn single thing from that.
Don't think that you just want to earn money instead think you want to first learn and then earn.I am sure that You can do this independently but first you need to give some time for this. Listen one thing,
"Anybody wants to Learn new things that takes some time to understand at start , and that are most important basic things."
Then why you want to do hurry. Read and study some basic things you will definitely learn some things in month. I was also started with reading newspaper, articles and from internet. You can also start like me. Initially start with delivery so you can observe market daily and understand how all things works.
You will Understand:
• What is market?
• How it works.
• How you can trade in market and earn profit.
Slowly you can understand all the things believe in yourself after some days yon will know some important things about market, which will help you to trade in the market independently.
You can only and only understand market if you observe it carefully and regularly.
2. Follow Proper And Reliable Way
Everybody wants to make money and money Is useful to everyone but that not means you can choose any way to earn it. Because in share market if you do things by proper way then only you get the results otherwise your loss is fix not because of wrong position but by wrong and unreliable ways,ideas and information and here in this way you will have only loss in most times.so follow and listen the reliable sources only where you can know and understand actual process.
3. Keep Account Details Hidden From Others
You are a investor or trader or may be both so when you trade or do something or want to know something then talk to the people on who you can Trust or who are close one to you.
Ask your queries to your investment adviser or your customer care assistant but only after verifying them that they are official advisers of you broker and the care contact no. is right.
Don't tell any details of your account to unknown persons and to phone calls because that may be fraud calls.
3. Don't Make Buzz About Money
Some time what happen you invest in some company and immediately you get the profit and we are at extremely happy state just like we are a experienced investor and made millions and this is their result but in real this is just coincidence and you will start telling this to others in happiness and that is not good because wrong people take advantage of it. And they are also your close or others because that kind of people take right information and good ideas from you ,make their profit and don't tell you. And when you ask them then they will say i don't know i am learning from you.
Keep your study, research and techniques silent and just share with close ones or give general advice to other peoples because its your hard work.
4. Accept Profit Equal To Loss.
This rule is must in market and I think evey investor and trader accept this then and then only you will go to next step of money making otherwise you also like other thousands of wrong people.
Investment is buying good company and hold it to get good returns and trading is buying selling ,buying selling buy sell small sessions and so on here I am trying to says that in investments if you are not getting results and still you are holding it but some time your friend or other people who are doing the same thing and when they are speak about their investment and they are in profit then for seconds it will like your brain thinks like ohh I am doing wrong or i am in wrong company should i change my decision and invest in same share in which my friend are.. so I am also get the profit....so on many thoughts come in your mind and this is totally wrongs because you are taking here 100% risk.
For example think it, if you get out from your investment in loss and put your money in your friends suggestion and there also you may be have loss then what you lost money in both cases but and even you will get the profi in second case then also you are not in profit because you have exited in loss in first case so here that is the recovery of that loss and you cant earn more porfit because you take positoion ahead of friend. but
if you continue your investment decision then you could get good profit than second. This mind state directly take doubt on you and your study and that is not good to go long way. So constant on your decision even you lost in that case.
So don't think you will get profit and every time you will have loss you just keep balance in both.
This is very big mistake and lost of many new investor do this and lost money.
5. Don't follow Anything Blindly
You are investing your money to get good profit that not mean investing in any company is good and right and you will get profit so before following any one and ideas verify them first and then take the investment decision.
6. Follow The Government And Exchange Rules
Always strictly follow the rules and regulations set by government and stock exchange.
Always keep update yourself with new rules and improvement in exited rules.
Don't do any thing which is wrong and makes you in big trouble to only get immediate profit there are many good ways to earn money in share market.
Don't ask anybody directly visit the SEBI official web site or ask good authorized person from share market field and take information from them.
7. Regularly Crosscheck Details
When you start trading and investment then when you buy and sell shares then all the information will save in your investing account.
So you should check
Trade details of every trade like check buying price,selling price , brokerage , all totals , dates and all the other taxes and do your calculation and crosscheck it with your email and account details once in a week and all the once in month.
Now Sebi has mandatory all the exchanges to providing sms and email facility to all investors regularly. like nse, bse, nsdl,csdl to provide every day weekly and monthly details of executed trade by trader. This work is more if you are a trader for investment its less work because for investment its not frequent buying and selling.
8. Don't Enter In Unsolicited Schemes
People who are new one and don't understand the technical things they try to looks for the share ideas from anywhere without testing and any basic think they directly buy that share and continues this habit. But let me tell one thing here if you are participate in this type of schemes then you are not alone in that scheme there are thousands of other people are like you who are also participate in that schemes so they tell ideas to all the traders same time and you know that if buyers increase then price also increase then you think they are good and providing right ideas because you got the profit. But market is not anyone's control and they are taking your advantage by providing services to you. Now everything is online once you pay their monthly charges and if you have loss in somTrading sessions then they will say this is your mistake you was not bought share at right time and told price, so don't participate in any guaranteed returns schemes or dont pay any charge to your brokers for ideas ,profits and schemes.
This is real truth and happening again and again so you don't do this as good investor other wise you are giving them opportunities to make you fool and your loss and money from you.
Sebi is also taking investor awareness programs to aware people from fraud and bad process to keep This investment system is more secure and safe.
You can also participate in investor awareness program just need to go Sebi official web site and register your self as per subject about which information you want.
9.Don't Respond To any Unknown Things On Phone.
Technology is invented very widely and everybody have smart phone and internet so fraud makers taking advantage of this technology by sending SMS and emails of money making ,less prices offers and guaranteed higher returns .so don't click on to any sms and links which from unknown names or number. Because that msg and links are junk and suspicious or contain viruses that may steal your account details to make fraud with you to take your money.
If you getting this type of msg then immediately delete them or complaint to cybercrime department of India on their website.
10. Learn And Give Wise Advice To Other
You know as a human being if you don't share or promote or support invalid things and just say NO then lost of problems are not going to create
and that will not make anyone's loss and mostly not creates any misunderstanding ,wrong opinions, spred wrong information.
so if you know things well and are a good experied trader then and then only tell this to other ones, friends ,family or know close ones otherwise don't tell anything and just say I don't know ,that will not make any invention but stops spreading lost of wrong things and mostly the losing money in market just because of wrong information.
Investment/ Trading/ Safety
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