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Multiyear Breakouts gives you the best multibaggers in your life believe me just master this strategy to earn easy money
I have only mastered this one strategy for last 7 -8 years and my portfolio stocks include 90% multiyear breakout stocks
8 out of 10 have been 2x/3x or 5x few have sold early few kept like Dixon,Neuland,Usha Martin,NALCO and others
I have been fortunate this strategy has helped me to earn real wealth over time but yes you need a lot of patience to capture that one big move
Unless you don't see buying a stock as owning a business, you will treat the market as a gamble, not an investment.
When you view stocks as ownership in real businesses, you are more likely to focus on long-term growth, company fundamentals, and wealth creation, rather than short-term market fluctuations or speculative trades.
#investing
Gyan - which is for me..
Big money you can make :-
1) By stick to your idea.
2) believe in your study.
3) during down time accumulate.
4) dont look here and there.
5) dont think the stock will run next day ( stock always double / triple in 1 or 2 months - rest of the time it is in the sleeping mode)
The Most : - Silent / relax and dont distract ....
Develop Greater Emotional Self-Control
Create Space Between Your Emotions and Response
While you may not be able to always control your emotions, you can control what happens next. Hit the pause button and create space to take time to think before you respond. This may mean practicing the twenty-four-hour rule. If you don’t have to respond on the spot, then don’t. Defer your response to the next morning. Things rarely look the same after sleeping on it overnight.
Stop and Consider a Wide Range of Options
Even if you have all the facts, your first impulse may or may not be the right response. Stop and take a moment to explore alternative ways to respond. Practice objectivity. Ask yourself, “What course is going to produce the best outcome for all parties involved?”
Practice the Discipline of Delayed Gratification
Self-control is a discipline developed through practice and hard work. Think of it as a muscle that must be exercised to be strong. Look for opportunities to postpone rewards whenever possible to develop the habit of waiting. This can be as simple as delaying a minor purchase decision or declining a tempting desert after dinner. Every time you exercise the muscle you build strength.
From a mental point of view, emotional self-control means keeping all things in perspective and avoiding excessive highs or lows. The objective of your team is to make the best and most effective decision based on the facts of the situation and not on emotional feelings. As the leader, your self-control plays an important part in this process.
#Informative
DO YOU WANT TO LEARN STOCK MARKET INVESTING???
For those wanting to start with stock market, Zerodha Varsity is a good place to start with learning.
📌 Here is the possible order which one can start learning.
1. Introduction to stock market.
https://t.co/nX9C7FIRUM
2. Personal Finance & Mutual Funds
https://t.co/BdxnXHbDDz
3. Fundamental Analysis
https://t.co/MsBCTOaLyn
4. Technical Analysis
https://t.co/8SPiVZwsUX
5. Taxation
https://t.co/b8apFMmEOR
Note: I would skip all parts thats related to trading.
📌 Together with these, the below tools/website could be very helpful.
1. https://t.co/wVkGbBRY4B
This website helps with providing basic fundamentals aspects of the companies, Exchange filings, announcements, Annual reports etc.
2. https://t.co/gF7M7cSYog
This is an alternative to screener which is helpful in providing fundamental aspects of company.
3. https://t.co/IFWjNUOKFJ
This website is integrate with AI and we could ask questions and get responses based on AI. This also provides fundamental aspects of companies across the globe.
4. https://t.co/Huq1P35w73
Official website of NSE. Most of the website take this as the base for getting data.
5. https://t.co/Mt5bfTHuml
This website also provides information for companies listed in BSE.
6. https://t.co/yQzcIpGAKu
This is a social platform where good discussions happen and could be considered for learning and reading experienced peoples view and watch their discussions to get an overview of stock analysis.
7. https://t.co/e6x9iybGZV
This website provides good insight into stock news.
8. https://t.co/cYHG1W4l3a
Moneycontrol is an alternative for getting stock market related news.
9. https://t.co/sG2cwI3hoa
This is a good website to analyse mutual funds and their portfolio.
10. https://t.co/TwXuzUXKBk
This website can be helpful for technical analysis and understanding charts.
There are many websites, but the above mentioned websites could be a good start.
📌 Apart from the above, reading the below books also will help in nurturing the investor in you.
1. Rich Dad, Poor Dad.
2. Psychology of Money.
3. Value Investing & Behavioural Finance
4. The Intelligent Investor
5. How to make money in stocks.
6. The little book of common-sense Investing.
7. One up on the wall street
8. Technical Analysis Explained
9. Joys of Compounding
Hope the above information is helpful.
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Thanks.
Stock which makes higher bottom is to hold.
I gave eg just few post back.
Now don't try to confuse things asking some foolish questions. Common sense use karo. There can be never a pinpoint answer for anything in stock market.
The lower bottom can be broken for a little bit here and there, that doesn't get counted, unless stock is back on upward bias.
Don't ask question on each and every post.
It don't work that way. I can't explain everything I post in thread and bear.