{"id":88,"date":"2009-05-20T12:38:24","date_gmt":"2009-05-20T07:08:24","guid":{"rendered":"http:\/\/idostocksmyself.wordpress.com\/?p=88"},"modified":"2020-03-04T15:00:01","modified_gmt":"2020-03-04T09:30:01","slug":"first-month-in-the-stock-market","status":"publish","type":"post","link":"https:\/\/www.moneyworks4me.com\/investmentshastra\/first-month-in-the-stock-market\/","title":{"rendered":"First month in the stock market"},"content":{"rendered":"<div class=\"zemanta-img\" style=\"display: block;\">\n<div>\n<figure style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"http:\/\/commons.wikipedia.org\/wiki\/Image:Bombay-Stock-Exchange.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" title=\"The Bombay Stock Exchange in India.\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/Bombay-Stock-Exchange.jpg\/300px-Bombay-Stock-Exchange.jpg\" alt=\"The Bombay Stock Exchange in India.\" width=\"300\" height=\"398\" \/><\/a><figcaption class=\"wp-caption-text\">Image via <a href=\"http:\/\/commons.wikipedia.org\/wiki\/Image:Bombay-Stock-Exchange.jpg\" target=\"_blank\" rel=\"noopener\">Wikipedia<\/a><\/figcaption><\/figure>\n<\/div>\n<p>It has been exactly one month since I started investing in the <a class=\"zem_slink\" title=\"Stock market\" href=\"http:\/\/en.wikipedia.org\/wiki\/Stock_market\" rel=\"wikipedia noopener\" target=\"_blank\">stock market<\/a>. Before that I spent a month becoming aware of the various forces involved. What can I say the day I joined work is where it all began.<\/p>\n<p>So much of information to process! So many companies to look at! The very idea of generating money so easily and quickly was enough to get me addicted.<\/p>\n<p>Of course a month down the line the enthusiasm has substantially reduced L for obvious reasons. Anybody who has been a part of this market will agree with me on this. There is so much to study so much to explore a lifetime is not sufficient for this mammoth task. The fact that I have a job to do alongside definitely does not help matters.<\/p>\n<p>I have outlined the mistakes I have made in the first month itself as a reference so that I <strong>NEVER<\/strong> repeat them again.<\/p>\n<p>Mistakes so far in the stock market (1st month 6<sup>th<\/sup> April to 5<sup>th<\/sup> May)<\/p>\n<p>1. Could not control myself when I saw the stock\u2019s price rising and sold it too early<\/p>\n<p>2. Bought on the basis of <a class=\"zem_slink\" title=\"Newspapers\" href=\"http:\/\/www.wikinvest.com\/industry\/Newspapers\" rel=\"wikinvest noopener\" target=\"_blank\">newspapers<\/a> without any information about the <a class=\"zem_slink\" title=\"Company\" href=\"http:\/\/en.wikipedia.org\/wiki\/Company\" rel=\"wikipedia noopener\" target=\"_blank\">company<\/a><\/p>\n<p>3. Bought a disastrous company on the basis of a friends tip despite knowing it has bad financials<\/p>\n<p>4. Bought without proper analysis of the sector<\/p>\n<p>5. Bought a stock after its price had already risen a lot<\/p>\n<p>6. Did not note down all variables I had earlier shortlisted<\/p>\n<p>7. Sold when I knew the company was going to post favorable results in the next few days<\/p>\n<p>8. Sold when <a class=\"zem_slink\" title=\"Dividend\" href=\"http:\/\/en.wikipedia.org\/wiki\/Dividend\" rel=\"wikipedia noopener\" target=\"_blank\">dividend<\/a> was a few days away.<\/p>\n<p>9. Did not sell even after making sizeable profit.<\/p>\n<p>All said and done I have made some profit this month. Of course I am assuming that the remaining <a class=\"zem_slink\" title=\"Investment\" href=\"http:\/\/en.wikipedia.org\/wiki\/Investment\" rel=\"wikipedia noopener\" target=\"_blank\">investments<\/a> which have not yielded any action so far will not result in any loss.<\/p>\n<p>If you liked what you read and would like to put it in to practice <a href=\"https:\/\/www.moneyworks4me.com\/registration\/\">Register at MoneyWorks4me.com<\/a>. You will get amazing FREE features that will enable you to invest in Stocks and Mutual Funds the right way.<\/p>\n<\/div>\n<hr \/>\n<p><a href=\"https:\/\/www.moneyworks4me.com\/\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px; margin-left: 40px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/mw4me-logo.png\" alt=\"\" title=\"\"> <\/a> <a class=\"hide-mobile\" href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"> <\/a><\/p>\n<div class=\"hide-mobile\" style=\"height: 100px; padding-top: 15px;\"><strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<div class=\"hide-desktop\" style=\"float: left; width: 100%; text-align: center; padding-bottom: 15px;\"><a href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"height: 100px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"><\/a><br \/>\n<strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<div style=\"text-align: center;\">\n<p><span style=\"color: #0070c0;\"><b>Need help on Investing? And more<\/b><b>\u2026.<\/b><b>Puchho<\/b> <b>Befikar<\/b><\/span><\/p>\n<div class=\"puchhoBefikarIcon\"><img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/puchho-befikar-logo.png\" width=\"59\" height=\"46\" alt=\"\" title=\"\"><\/div>\n<p><b><i>Kyunki<\/i><\/b> <b><i>yeh<\/i><\/b> <b><i>paise<\/i><\/b> <b><i>ka<\/i><\/b> <b><i>mamala<\/i><\/b> <b><i>hai<br \/>\n<\/i><\/b><a href=\"https:\/\/www.moneyworks4me.com\/\" target=\"_blank\" rel=\"noopener\">Start Chat<\/a> | <a href=\"https:\/\/www.moneyworks4me.com\/\" target=\"_blank\" rel=\"noopener\">Request a Callback<\/a> | Call 020 6725 8333 | <a href=\"https:\/\/api.whatsapp.com\/send?phone=918055769463&amp;text=Need%20any%20help?\" target=\"_blank\" rel=\"noopener\">WhatsApp 8055769463<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It has been exactly one month since I started investing in the stock market. Before that I spent a month becoming aware of the various forces involved. What can I say the day I joined work is where it all began. So much of information to process! So many companies to look at! The very [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1163,1162],"tags":[12,17,24,31,34,48,49,83,84,85],"modified_by":"MoneyWorks4me","_links":{"self":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/88"}],"collection":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/comments?post=88"}],"version-history":[{"count":0,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/88\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/media?parent=88"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/categories?post=88"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/tags?post=88"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}