Dos and Don'ts Of Investing in stock market | stockdaddy
No one can pull you down when you have your own stronghold weapon. The stock market is just a business of the right skills. When you get it you will already win the battle. Make sure you know everything inside out from stock market fundamentals to advanced. In this blog, you will learn the important dos and don’ts that every investor must know before investing. These do’s and don’ts are going to be very useful in your investing journey.
Read the full blog for a better understanding.
DOs:
- Deal only with SEBI/stock exchange-registered intermediaries.
- It is very important for you to maintain and keep copies of all investment documentation at all times ( e.g, application forms, acknowledgement slips, contract notes).
- Follow up diligently and promptly, for example, if you do not obtain the required documentation within a reasonable period, contact the responsible party, such as the trading member, corporation, or other entity, right away.
- Give your Trading member/agent/depository participant precise and unambiguous instructions so they can avoid making any mistake.
- Indicate whether you wish to trade by using a physical method or electronic method.
Don’ts:
- Dealings with unregistered traders, sub-brokers, and intermediaries are not recommended.
- Don't sign any documents with a third-party mediator unless you've thoroughly read the terms and conditions.
- Don't be fooled by companies that display official approval/registration because the approvals may be for something other than the securities you're buying.
- Do not make business decisions based on rumours or 'recommendations.'
- Do not entrust the safe keeping of your Demat Transaction sip book to any third party.
Before you start investing, it is very crucial to get complete knowledge of the stock market. Every investor must know the dos and don'ts of the stock market. Hope this blog assists you to determine the key points before your first investment. In case you want to get in-depth knowledge of the stock market and are looking for some authentic place to learn then StockDaddy is one of the best stock learning platforms where you can learn anything about the stock market.
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