Stock markets have become the talk of the town in Indian nook and corner. Everyone, whether old or young, has their own opinion in every household. Historically, the Indian index more than doubled in less than 2 years–the main reason for unrealistic and unending enjoyment. Since the markets tumbled in March 2020, millions of new people have opened their Demat accounts in hopes to earn this whole money heist.
Trading and investing in markets come with their own set of risks, just like any other type of business. New traders and investors often think they can earn profits easily and end up blowing up their entire capital. It is very important to understand that, like any other field, one should learn at least the basic concepts and rules first. If you’re unclear you can always learn through stock market courses for beginners.
The situation in stock markets:
It is an irony that most of the new traders and investors are clueless that over 90% of active people consistently lose their money in the markets. Most of them admit to having zero to little knowledge about stock markets and willingly do not learn, even after losing lakhs and thousands. Another section feels they need to be extremely intelligent if they want to make money. This thinking is completely wrong. If software running on specific commands can make money, why can’t you?
The reluctance to learn:
One of the biggest reasons behind such failures is a reluctance to learn. Now you might wonder, WHY?
Truth be told, stock markets are 80% psychology and 20% knowledge. You would have seen people trading continuously even after having a loss. They refuse to wait for a couple of minutes to figure out what went wrong. Instead, they go all out to take revenge. Stock markets are not against you. Rather, you need to align yourself with the trend in current markets.
Advantage of a stock market course:
A good stock market course doesn’t teach you exceptional strategies. It empowers you to manage your emotions while making an investment or trading decision. It will provide you with confidence to stick to your systems- in profits and losses. Students who have gone through the stock market course for beginners will not even flinch with fluctuations in the price. They will feel various emotions like FOMO or getting a loss, but will never take an irrational decision upon it. Therefore, they never find themselves in a financial mess, unlike common retail people.
First, understand that YOU CAN NEVER BE PROFITABLE IN EVERY TRADE YOU TAKE. You will have losses and it’s totally fine. Even the biggest and finest people in stock markets have a lifetime accuracy of not more than 60%. Now, the answer to your problem is pretty simple-Have a system that suits you. A trading or investing system is a set of rules and strategies through which you make buying and selling decisions. With a stock market course, you learn best, backtested and genuine strategies and systems to choose for yourself. After implementing your action plan, you easily eliminate your emotional impulses like greed and fear, thus making you profitable.
You can always develop your trading system. The only drawback is the fact that it is a time-consuming process and might require years to figure out the best from scratch. Most of the time elapses in backtesting and forward testing. Contrarily, a stock market course provides you with a strong fundamental executable action plan which you can customize with growing experience. Good stock market courses for beginners, fast-track your investing and trading journey with systems and in-depth knowledge of stock markets.
The Goela School of Finance provides a basic to an advanced level stock market course in which we provide our students with profitable action plans. By executing these systems, they can create income and long-term wealth from stock markets. Most of them are from a non-finance background. We have equipped our students with the right market mindset, system, and skills required to excel in the markets, independently.