Investing is a three-dimensional juggling act that involves Market Approach (what to buy or sell), Trading and Timing Strategies (when to buy or sell), and Risk and Money Management (how much return and risk to take). To increase the probability of investment success all the three dimensions should be performed whether you are fund manager or an investor.
So how do you differentiate yourself from a fund manager? – Basically you come up with answers to the same three questions (what . . . , when . . . ., and how much . . .) using different means...read more
You need self belief and proper timing in order to make huge profit from the markets. Luck also plays a vital role in determining your success in markets these days.
Definitely it needs perseverance and also luck to be successful in markets. Stocks and markets are not my forte, yet i keep following markets as markets play greater role in economic growth of a nation