How to play stocks to get rich

If talking about getting rich in stock trading, it can be divided into 2 types: get rich quickly but with a lot of risk and get rich slowly but with little risk. And which one will be called Get rich fast but very risky and which one is called Get rich slowly but with little risk This article has answers.

If you play small stocks or hold significant stocks If you hold 70% of the largest shares, then you are the only one. And then wait for the stock to go up a lot. This method is quite risky. Because if the stock goes up a lot, you become rich without realizing it, but if the stock falls, you also lose a lot. If you're already rich, there might be some hurt. But if you have a limited budget, you may go bankrupt. In this case, it is getting rich quickly but very risky. But if you invest in 5 stocks with a total of 70 percent diversified risk It is considered that the percentage of risk is not as high as holding one. This method may solve some problems. because it is considered to have diversified the risk It is another way that is quite interesting.

If you play many stocks that can be combined at 70 percent, you will get rich quickly as in the first model. but the risk It's definitely less than holding a single one. The method is suitable for people with a certain level of knowledge. Poor stock selection or doing a career with high savings Most of them are investing for the future when they retire rather than investing money now. In this case, it is getting rich slowly but with little risk.

Getting rich fast, slow, high and low risk is not a factor, just the number of shares held. But the nature of the stock has an effect, cyclical stocks, commodities, or spinning stocks are stocks that really make you rich quickly, but are very risky. On the contrary, if the stock is strong Sustainable stocks will get rich slowly but with little risk.

If you want to get rich as quickly as possible, there is a method as well, that is. Going down one hundred or more by borrowing margin or using blog trading many times, ask if you get rich quickly. I can answer that it's very fast but it's also very risky. Anyone who likes to take risks can choose this method.

If asked which method is good I must say that if you want to be safe, you should choose to get rich slowly. Because there is less chance that you will fall. If you are a person with limited strength But if you have unlimited budget, you can choose the way to get rich quickly. If you like a lot of risk Take luck to help, recommend a super rich style. It's all up to you to choose.

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