I started stock trading two years ago. I think that stock trading is really attractive and we feel heaven when we get money through the stock trading. But, as time goes by, I realized that it is not always attractive and sometimes we also feel hell.
Keeping my own philosophy of investment is really important to get a revenue. But it is really difficult to keep my own philosophy after we start investing. I always keep in mind I never do that. But..
Long-term investment through the business analysis and seeing the value of company are my philosophy of investment. Although Returns of my stock price were steadily fall down, also there was a period of good rate of return. So I continue to wait to keep my own philosophy of Long-term investment. Actually, it was not so fun and boring because I couldn’t make a lot of money.
One day, I accidentally watched a tv program related to finance. Well known analysts were recommending skyrocketing stocks. Actually the price of stocks soared to upper limit(+15%), and the next day did, too. Although my mind wavered, I tried to keet my face. But These mind was not last for very long. I was hard to refuse the temptation. Finally, I sold all of my existing stocks and bought stocks they recommended. As expected, It soared to upper limit and upper limit!! I was so happy. I thought that It is easy to make money!! But suddenly, the price sharply went down and reached lower limit(-15%), and next day did, too. eventually I lost almost all the money...
I felt many things through this experience. Also, I felt once again that keeping my own philosophy of investment is really important. Moreover, I thought the difference of investment and speculative. Do not be moved with the words of others. Let's investment at the company's value. Then we can make money!!
(And Some analysts are fraud.)
I think stock is too difficult to me
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