kyukkamba wrote:what kind of process are you following to come to a decision?
How much time do u spend in a Day analysing or attending to stocks?
Have u made a LOSS for say 3 times or more in a row?
When should one decide that "stocks are not meant for me"?
Learn..and learn well..things revolving around this..
http://www.investopedia....cking/stockpicking7.asp
However..adjust to suit local market..for instance consider also Operating margins and share price comparatives to company sales.. Net Asset, company debt etc.. its actually fun
Read wide..add to your list One Up wall street by Peter Lynch and Jim Collin's Good to Great..
Try use fundamentals over atleast previous 3 years..always..ALWAYS..
Take special note of
MwanahisaFinally..enjoy.. in case of doubt..test out your strategy on wazua's fantasy market befor throwing ur money.
1.
C = Current quarterly earnings per share - Earnings must be up at least 18-20%.
2.
A = Annual earnings per share – These figures should show meaningful growth for the last five years.
3.
N = New things - Buy companies with new products, new management, or significant new changes in industry conditions. Most importantly, buy stocks when they start to hit new price highs. Forget cheap stocks; they are that way for a reason.
4.
S = Shares outstanding - total number of share..This should be a small and reasonable number. CAN SLIM investors are not looking for older companies with a large capitalization.
5.
L = Leaders - Buy market leaders, avoid laggards.
6.
I = Institutional sponsorship - Buy stocks with at least a few institutional sponsors who have better-than-average recent performance records.
7.
M = General market - The market will determine whether you win or lose, so learn how to discern the market's overall current direction, and interpret the general market indexes (price and volume changes) and action of the individual market leaders.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version