3 Absolutely Important Basic Fundamentals Necessary To Beat The Stock Market & Earn Great Returns

Earning great returns from the stock markets is necessary to achieving mega money and financial freedom. People focus on tips, strategies, analysis, news about their equity investments and what not. These things are no doubt important but they come at a later stage after other core principles.

In my view the most important basic fundamentals necessary to succeed in stock markets are the same as in life. In the decreasing order of importance these are:
1. Personality.
2. Management.
3. Strategy.
One can have the world’s most brilliant strategies but if one lacks the personality fundamentals and the necessary management skills then his/her results would be suboptimal at best. This might seem little odd to a person who has been achieving success in stock markets without thinking this way but he/she must be already possessing these all fundamentals within himself/herself. Suppose you lack all the three, what kind of result would you expect? The answer is pretty easy. The market would beat you till you lose all your money
 or you lose all your interest!!! If one lacks any of three, the results are bound to be suboptimal or frankly poor.
The other moot question which arises is that how can an illiterate or a person who hasn’t read a word is doing so much better than so called experts in the equity markets. The answer lies in the simple fact that he/she has 1^st or 2^nd fundamental which is working very well for him/her. So that person doesn’t even need the 3^rd fundamental to work for him/her!!! Quite simple isn’t it!!!
We will see them one by one what do I mean by them and how to use them for our benefit.
1. Personality: One requires all the great qualities for success in stock markets that is necessary for success in life. Some of them would be self discipline, patience, honesty, truth, integrity, listening, lack of greed, fearlessness, desire for continuous learning and knowledge, peace etc. So use all the tools at your disposal to develop these great virtues in life and you will start achieving amazing success in stock markets for sure.
2. Management: One has to learn to manage the tools as well as resources at his disposal so as extract the maximum reward with minimum risk. Money management is absolutely critical to having a long term success in stock markets. Risk management is important. Also necessary is time management as well as other resource managements.
3. Strategy: This is also absolutely critical but ranks 3rd in order of importance. One can develop any strategy of his own whatever he wishes. I love Goldblatt, Buffet, Dodd, Graham and Bill Williams and one can use the best strategy which suits them.
These are the most essential fundamentals that will take one to achieve mega success in stock markets and move forward on the journey to financial freedom.

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