What You Should Trade Stock Markets Year 2023

In the year 2022, we witnessed a lot of things. End of Covid 19 in India and start of War in Ukraine. Stock markets recovered and hit an all-time high. But is your portfolio all-time high?

Next year not sure what will happen.

But one thing will remain in common for both 2022 & 2023 and beyond – 99% of traders lose money. 🙁

Do you know why this happens?

Because there is average knowledge and zero financial planning.

“Risk comes from not knowing what you’re doing.” – No not told by me, but by the greatest investor of all time – Warren Buffett. If you are losing money trading you are doing exactly this.

And it’s going to get worse.

Why?

Because of the garbage entry of knowledge via social media especially YouTube, WhatsApp & Telegram channels and Twitter.

I am sure you too watch it. Have you benefited? If not then why do you still watch? To know that magic formula to make money from stock markets? The magic formula does not exist.

Achieving success in any field takes time, hard work, knowledge and perseverance. Adding 2% a month ends up with 24% returns a year. This is what Warren Buffet has achieved – but it has been done for a very long time. Look at the below picture you will understand.

Do you know the greatest investor in the world Warren Buffett started investing at the age of 11 and made a million dollars (10 lakh dollars) at the age of 30?

So to make 10 lakhs (all of that is not profit) took him 30-11 = 19 years. This is almost 2 decades just to make a few lakh dollars. After that the growth was exponential. Warren Buffett is the seventh-wealthiest person on the planet – but he did not achieve that feat overnight, nor did it come on a silver platter. Like many of his fellow billionaires, Buffett owes his impressive net worth to years of hard work and determination.

See how his wealth increased with his age:

Can you see that more than half of his wealth came after the age of 75 – that’s the age most people never see.  And what most traders are looking for on YouTube/other social media platforms? That one trick/trade that can make them a millionaire in one day.

And I need not mention the fake screenshots you find on Twitter.

That’s the reason I am not much into social media. This is all I know, but I am sure there is more to it.

My advice is to stop listening to bad advice on social media in 2023. You will harm yourself.

Try to stick to what you know. Use the knowledge you have to trade. Keep adding small profits and you are done.

My conservative options course is enough to keep adding small profits every month, month after month. 

Do whatever, but stop learning trash knowledge in trading.

Trade sensibly, and stick to your plan in 2023.

And there is something more important than wealth – your health. At least eat healthy if you do not have time to exercise.

Wishing You A Happy & Healthy New Year 2023.

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