know stocks

Stock market always attracts us but some of us might know very few about it. The ups and downs, speculations, the tips, somebody says I made double my money in a week, and we are losing money......sad right? So is there any sure strategy? That we can double our money? And we will get good returns on our money? So yes you can make money but you should have a very long prospective not that put today and get tommorow....it too works 'sometimes'....not always, when you earn money once,twice and if you are quite lucky...then thrice but not always. It is very much possible that you may lose all your money in just a one bad "tip"....so its always risky to go by tips....and if you have sure tips too, should put very few amount in it...say only 10% of your portfolio. So if you win you might earn very littel as compared but if you lose the risk too is very low....so always try to play safer mode. Never be greedy...thats the first rule of stock market....
So where to put money? If you take my opinion I will always suggest that you should mainly invest in NIFTY Stocks.....the nifty 50.....as you mihgt know there are 50 selective stocks from each sector, which represent the market, so whenver you put yopur money in these stocks even when market is higher, and if the market collapses also you too will lose some money but the risk side is comparatively ....and the chances are that the stocks start moving upwards fast once the correction is over. So its the saffest play to put your money into. Then try to go sectorwise...like now technology, capital goods, telecommunication stocks are in limelight so better to invest in it. Avoid commodity stocks if you are fresher, since they have global impact on the prices........
What bout mid cap? yes there too are few midcap stocks where you can invest and get good returns over a period of time.......
Think first as you want to TRADE in stocks? or Invest in stock market......its totally different from each other, since a trader is who, who is playing day today and goes on technical charts, and he has nothing to do with the price of the stock he will just follow a perticular strategy say if he makes 20-25% he will sell it off no matter if it even doubles too!!!!!!! cos he is playng for very short time....
Invester is 'investing ' money in stocks and has long term prospective, say of 1 year or more so when you are invester one should not worry about the ups and downs of the scrips or the market.........never follow it day to day since it will only disturb you, remeber you have put your money for long term and you want a perticular returns after that period, so these short term changes should not disturb you. Thats why you must follow the strategy of investing in BLUE CHIPS only cos it has the potential to give you atlest 30% returns in year, sometimes it can be more too.
about technicals and fundamentals i wll tell in my next post....