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This isn’t just a book; it’s an essential guide designed to assist beginners dipping their toes into the vast ocean of stock trading. You’ll feel like Alice, adventuring into a mystical Wonderland, navigating through the exciting and sometimes unpredictable world of shares. It’s a journey that can be as thrilling as a roller coaster ride with its towering highs, sudden dips, and unexpected twists and turns. Building a successful portfolio is akin to erecting a house of cards; it requires patience and precision, but can topple easily if not carefully managed.
I recall a time in my 30s when my investments led to nothing but loss. A vivid memory is of the day India carried out an atomic test at Pokhran, which led to an abrupt plummeting of the Sensex due to anticipated trade restrictions. My shares took a hit, and my broker went under, leading to a staggering one-day loss of over 3 lakh for me. This prompted me to critically analyze my investment strategy. I realized that my lack of fundamental understanding about shares and reliance on others’ advice were the main culprits behind my losses. However, like Warren Buffett’s golden rule, “Never lose money,” I stopped incurring losses once I learned to pick stocks independently.
This book aims to equip you with the basic knowledge of shares necessary to make informed investment decisions. It will guide you in understanding the nuances of the stock market, empowering you to make choices that align with your financial goals. Read more.