There are expert traders, a lot of smart people, and thoughtful common men and women in this business and all of them are on a quest to predict the mood of the market.
Everyone is concentrated on the spiral curve of stocks. You dont need to outwit them, but tag along. Bet on the winners, bet at the right time, and know when to stop. Thats the mantra of successful stock trading.
Now, the brokers or agents play an important role in identifying stocks for you. Choose them judiciously as they choose your wealth almost all the time. High commission doesnt guarantee you great results.
There are brokers who charge minimum commission, but provide valuable service. You have to choose them with care. It doesnt mean you have to depend on the brokers for life. You can start your research and start expanding your knowledge about the tricks of the trade.
Identify the industrys myths and stay far away from them. Never ever go for a dipping stock and expect a miracle turnover in a short period time. Statistics says that a dipping stock is usually doomed to failure. Bet on the horse that is winning, but again dont go overboard. Its all about holding yourself...
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