Stock Market! We are all familiar with this term. Come let’s see through this article how victory is beyond fear.
Are Teachers afraid of teaching or school or their students? Are Lawyers afraid of Court Rooms or their Clients? Are Architects or Engineers afraid of their Clients or Buildings or Automobiles? Are the shopkeepers afraid of their goods or customers? Never! Then why are people so afraid of stock market?. Come let’s see and analyze this stuff.
If a lawyer is told to do a heart surgery, though he might be the best lawyer with his best law practices he will be very afraid of doing the surgery, actually he will feel that it would be against law. Similarly if a teacher is asked to fight a case in court for a person, will he or she not be afraid? If a grocery shopkeeper is told to teach students in high school or college will they be afraid? Yes definitely they will be very afraid. The first reason of their fear would be that they will think that they do not have enough knowledge and skill needed for the work they are told to do. Definitely they will be afraid because there is a fundamental and technical reason behind their fear. Come let’s see what the reason behind the scene in more details is.
If a person who wants to start business or any profession he gathers knowledge about that. He or she get acquire skills for that relevant stuff. He meets the professionals or experienced persons in the relevant field and often attains training in that field. But what is often seen in stock market is people start trading and investing without gaining knowledge, skill and expertise and the result we all know today, tomorrow or in few days or weeks they all suffer loss. Similar to this; professionals / businessmen before starting their business they study, gather information about the field, they learn from experts similar to them we have to learn, study, acquire knowledge and also we have to properly apply the knowledge and acquaint skill on right application. This is the only and main reason why people lose money in stock market.
Michael Jordan says “You can practice shooting 8 hours a day, but if your technique is wrong, then all you become is very good at shooting the wrong way. Get the fundamentals down and the level of everything you do will raise”.
Bruce Lee is “I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”
So practice takes us to that level of success where we want and we should be to. Right knowledge, right practice and also right application of the knowledge is also that much important.
Your bright future is waiting in the stock market if you understand this basic concept. George Washington said “Education is the key to unlock the golden door of freedom”. Sir Benjamin Franklin said “An investment in knowledge pays the best interest”. So please invest your time before investing and trading in stock market. Don’t lose your hard earned money. It is a kind request specially to the youth as they are the future of their families, do attain proper knowledge and skill and do not invest and trade before learning, as in the past few years due to social media penetration in youths mind and due to movies on stock market youth are inclined towards easy earning and passive income source. I here do not mean to see the market is meant for overages, I mean to say show your maturity as a trader as Michael Jordan also adds “If you do the work you get rewarded. There are no shortcuts in life”, so please avoid shortcuts. If you like the posts please share the post to the needed one to help them prosper with knowledge and wisdom.