Every investor wants to make fortune in stock markets. Your skills & luck can play a huge role in achieving success. There are several ways luck can help to make money in stock markets.
Sometimes, your luck can help you to beat others particularly for short term. However, for long term period, skills will always outpace your luck depended performance.
Generally, roulette wheels & lotteries sit on the luck side while swim & crew races are on the skill side. But, stock investment usually resides between the two extremes i.e. skill & luck.
You can’t separate skills from luck. You need to adopt a perfect balance between the two to outperform in the stock markets. Here are 11 wonderful & lucky ways to earn profit in share markets:
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(1) Best & Right Time To Make Positions
It is one of the unbeatable ways luck can help to make money in stock markets. Stock investment at the right time is the key to achieve tremendous rewards.
You can maximize your returns by entering or buying script or stock index at the bottom of bear cycle. Similarly, you can maximize your profits by selling or shorting script or stock index at the top of the bull cycle.
Unfortunately, this task of buying at the bottom & selling at the peak is quite difficult. Those who can catch stocks at any extremity feel themselves lucky.
You can’t time the markets but you can make positions sometimes at the right time. This can be credited to your good luck.
If you are successful in making positions around these turning points perhaps you are lucky. However, if you can’t make positions at the right time then also it could be your bad luck.
Thus, luck can play a major role in identifying the best & right time to make positions.
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