If anyone thinks that it is not easily to earn money in the market . Then this story is for you get one's act under control.
In 2013 , I was left with almost nothing to invest..The brokers tips did not work for me eventually lost a lot of the money in the market...So decided to be a watcher..So started monitor the market ,and then my eyes went on a stock Larsen which was moving up and down vigorously. So kept my eyes on my favorite stock Larsen which was trading around 1300..I have traded on this stock many time and was earn good returns ..This time things were different no money to put in but have got good time to analys. So started to watch it more closely to understand its behavior or trend in the market.
So, after watching the stock some days able to understand its movement// So finally I was able to trace the bottom of the stock which has around 1200 and top is around 1400...
Once i got the clarity and some money.
Now, waiting for the stock to either to ome at 1200 level to buy or 1400 to sell..
Now the stock was trading at 1250 so placed the order at 1220 ..the stock which did not see that level at least for a few days
But you cannot time the market.. So after i brought the stock ,the market ave gone through a fall so as Larsen..
Now it was 1205 but i was very much sure that bounce will be in a big way if the market goes positive..
Exactly after a few days the market took positive turn ..And Larsen jumped to 1350...Giving a profit which brought me again into market.
Summary: Patience, even you are not trading donot loose your focus in the market and the direction of the stock or market is moving at. So that once you decided to come back it will be easily to judge which sector stock or index to trade with along with its direction like whether to buy or sell ..
Trust me this gives you a good returns then an advice from a broker..
Goodluck//
