Stock trading experience Essay Example | Topics and Well Written Essays - 750 words

Stock trading experience - Essay Example Working in stock market is very complex job;it does not only require money but also high skills and techniques along with the fact that the player must be lucky also.The following essay discusses the experience of stock trading. This activity helps in gaining huge experience about the market fluctuations and also keeps the instinct on the line. The following essay discusses the experience of stock trading. Stock Trading Experience Just few weeks ago, I decided to enter into the stock market and become the professional trader. The motivation and interest was developed to work in the stock market, while I was in my school life because in my school life I was very good at mathematics and statistics and loved to play with numbers. One of the biggest advantages and opportunities were my teachers who supported me a lot to polish my skills and techniques. At one point of time, I was strongly suggested by my statistics teacher to take the advanced computer classes and statistics and mathemat ics tuitions. The advanced lessons and classes also helped to be positive at all times towards trading in the stock market and when I was in college, I finally decided to start trading (Nassar, 1999). In the initial stages and to gain the professional experience, I spent some time with the professionals who were already in the stock market.... tical skills were better than others of same ages, but when it comes to the trading of stock, I found out that my skills and expertise were very restrictive to the theoretical aspects. And in the professional life, there are many big fishes that have more knowledge, experience, expertise and skills than me. But I tried my best to understand all the concepts, techniques, approaches and expertise to ensure that in the future these elements will help me to become the successful stock trader and generate the positive outcomes and results. After spending six months as a trainee stock trader, I then decided to move on and become the individual in the stock trading market. I went to my bank and visited an assistant to lend ?100,000. After few days, the requested amount was lent to me by my bank. After couple of days, doing my homework and prepare the entire plan, I approached the stock market to make efficient investments. But sooner I realized that the situation in the stock market is not as I was initially thinking and expecting. Before deciding and availing the investment opportunity, there were many aspects that were found to be very critical and difficult. But after long considerations and detailed homework, I took a step and made an investment of ?75,000 and bought the shares of the company whose stock prices were constantly going up. Sooner I bought the shares, the very next day, the prices of the stocks starting decreasing. As I entered into the market as a regular investor therefore I did not had the time to wait for the prices to go up again. But I waited for 3 days and found out that the prices were constantly going down because the current financial position of the company was not strong. On the day 4th I had no other option but to sell the stock at lower prices