I do agree with all of you...
Like Abdul said it true that you can earn a lot of money & a small error can vanish off your gains..
Another important thing is that how do you judge the stocks?? what are the parameters??
According to me, it depends upon your risk profile..
If you are a risk taker then you can earn much more..
High Risk = High Return..
Stock Fundamentals are seen only by the long run investors.. Their risk are low and hence the returns are also low..
Technical Calls are looked by Short Term investors... Their Risk are high & hence even returns are high..
Research Tips are used for the intraday purposes... They have the highest risk but they fetch the highest return...
IT all depends upon you and your risk taking capacity...
Dear Cityboy,
who said to take the Stock Market as the measurement of the Economy??
It is not the measurement but it reflects the economy..
It the companies are performing good, their prices should go up (it does go up).. So, it many times used to see whether the economy is going up or not..
Secondly there is a link of everything with the economy..
If Stock MArket goes up then Dollars have to go down... It is because it is assumed that when the Indian Stock MArket goes up, more & more FDIs comes in they bring in dollars and so the demand for dollar against rupee goes down and hence rupee value increases.. The exact opposite is the case when the FDI exits...
So whether you like it or not, your entire life (in India) is someway or the other associated with the stock market..