With the recent turmoil in the stock market, long term stock investors as well as short term day traders are vigorously asking the question that is there any profit left in this business? Well this can be a million dollar question for many out there who had lost their hard earn money within the span of last one year! But there are still many investors as well as day traders who find the stock market a luxurious business. Now for a newbie who had lost their hard earned money will definitely disagree with this, and yes he should.
Before we go in deep for finding out the real answer, we have to make clear some points within ourselves. Say you are engineer and you tried to enter in the profession of doctor, what will happen? Ok with little doctorate experience you will be able to check some of the patient and can cure them but still there are many such diseases which you will not be able to cure due to lack of that quality of knowledge and experience that helps to cure such diseases, these diseases can only be cured by expert doctor who are in this field of industry from last many years and has deep understanding and perfect analysis point of view.
Same is the case with stock market. With little experience you can enter in this field of business and can make money when the stock market is in healthy condition, but when the stock market starts to suffer, many inexperienced and/or unknowledgeable stock investors as well stock traders goes on to lose money, and at such point of time, a highly profession and experience stock market guru can be able to detect the correct point and will be able to cure the stock market for himself and can make handsome money.
So the peoples who are highly experienced and good knowledgably and can make perfect stock analysis are still making good money in this highly volatile and unpredictable stock market.
Sunday, January 18, 2009
Is Stock Market Profitable Business?
at 12:14 AM
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