This is the last installment of the series on stock market investment principles. We discussed about the first seven principles in the past three articles. Now we will be discussing the last three principles. If you wish to view the article in its entirety please visit my blog.

8.) Study Study Study !!! – You have to do a lot of study if you want to be a a successful stock market investor. Don’t expect that you can just place in your money and hope that it will somehow grow. Read a lot of books and materials on the stock market. I started out this way. I searched the internet for materials on the stock market, especially the Philippine stock market. The Philippine stock exchange has an “investor’s primer.” I bought this material and other stuff from them.

Attending seminars on how to trade in the stock market can further add to your knowledge. Some brokerage firms conduct free seminars for those who are new investors. Last year I attended a 2 day seminar by CITISEC Online. They are one of the most active, most innovative and well managed brokerage firms in the Philippines. The information that you learn in the seminar will certainly help you in your quest to succeed in the stock market. Continuous study is required if you want to be successful in investing in the stock market. Do not not stop learning.

Read all the materials you can and attend all the seminars you can in order to learn. Don’t be discouraged when there are terms you could not understand. For example just reading this post alone, you would probably raise your hands and tell yourself not to invest anymore since there are some terms you could not understand. You don’t even know what “points” are when I was talking about them in point number 2. You don’t even know what the heck is the Philippine Stock Exchange Index (PSEi) or what does “Blue Chips” or “Bull run” mean. Worse you don’t even understand what a stock is and how it basically works. But so what? I started out not knowing what some of these things are.

Most of these things were never taught in school. But I learned slowly by reading and experiencing it myself. You should watch the movie “Pursuit of Happyness” You will be inspired on how one man’s struggle to learn the stock market has led him to make millions through stock market trading.

9.) News Clues – Know today’s news and use them to your advantage. There are a thousand factors that are in the news that will definitely have an effect as to which direction the market will take. The most important page that an investor should read is the business page. This will give you an idea as to which stock should be bought or sold. My preferred daily news reading is the Philippine Daily Inquirer. I get ideas here on the possible directions the market will take.

10.) Don’t delay today is the best day to start – Experience is the best way to learn. You may start small but the most important thing is that you start right away. Put off procrastination. Study how to go about it without rushing, but don’t delay. If you already know the basics about investments start buying your first stock. Making your first profit from your first sale is truly rewarding.

Are you willing to learn more about investment strategies ? Visit the blog of Zigfred Diaz where he blogs about several interesting topics such as investments, money management, business, making money online and Stock market investing

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