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As stock markets reach new highs, it’s crucial for retail investors to approach investments with strategic considerations. When considering investment in the retail sector, it is crucial to approach it with a comprehensive strategy that encompasses various aspects, including risk management and key factors. From market research to Trends Analysis and from risk management to key factors to consider before investment.
Stock Market (Image Source: iStockphoto, TN Digital)
As stock markets reach new highs, it’s crucial for retail investors to approach investments with strategic considerations. When considering investment in the retail sector, it is crucial to approach it with a comprehensive strategy that encompasses various aspects, including risk management and key factors. From market research to Trends Analysis and from risk management to key factors to consider before investment.
In evaluating a company’s stock for potential investment, Sooraj Singh, Founder and Managing Director of Get Together Finance, emphasizes the significance of scrutinizing pivotal factors, when you choose to trade or invest in companies choose it wisely. He said, in the initial days, to polish your understanding, choose the companies with strong fundamentals. It can be companies of top indices like NIFTY, SENSEX, etc. By fundamental aspects, it is implied that the company associated with stock should have good liquidity. Further the stock should not give unnecessary upper and lower circuits. These stocks at many levels try to trap your money.
Singh also stressed on risk management in trading and investing. He said, definitely, risk management is the pillar of trading or investing. Risk management allows you to set realistic targets and helps you plan your trades wisely. He added that the appropriate risk management strategy that we preach in our classes too is never to let greed take over you and set realistic targets and learn to accept stop losses. 1:2 or 1:3 is a good stop-loss-to-target ratio in every trade.
Regarding the future of the stock market and the possibility of reaching new highs, Singh confidently affirmed, without a doubt, YES! The Indian stock market is poised to consistently deliver positive outcomes and is unlikely to let investors down. He added seeing the progress of the country and improving foreign image, the country and its market are going to amaze people. Time-to-time corrections are definitely going to come, but this does not imply that the market is going to be down always. To keep this trust alive in you, learn to analyze the market. When you go in-depth and see how far the Indian stock market has come, you will see how much potential is still left. Never let sudden crashes or mere downfalls dismantle your belief from a bullish view.
For those who are just starting in stock market trading or investing, Singh said, if you are beginning a career in the stock market, take this as an opportunity to build wealth and strengthen your emotional resilience. Classes or courses will enhance your knowledge, but the practical market will test not only your knowledge but also your patience and emotional resilience. Knowledge is power, but this statement is only a half-truth. Knowledge is potential power; it becomes actual power only when put to use constructively. Never compare your progress with others. Furthermore, never let profits make you overexcited and losses make you lose control over yourself.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of TN Network)
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