Gambling, Game or Business

Many of us doubt what we are doing in the market? whether we are gambling, playing games for fun, or doing business. It completely depends on how we define it.

Running a successful business requires much market study, consistency, plan execution, financial management, and other business development skills. A person who wants to start a business, studies a lot about the market in and out thoroughly. In this process, they calculate the budget, scope of business, marketing, production, profit margin, risk appetite, competitor Etc.

No entrepreneur wants their business to fail. In the same way, Indian parents don’t permit their children to fail even a single exam in school. All they say is to study well, you will crack it. Likewise studying the market is the basic step in taking good investment or trade.

Even after studying for exams many of us fail in exams, it’s not because we don’t study, it’s because our study is not enough to crack it. In the case of competitive exams, everyone studies hard, and many are thrown out of the race by the cut-off. From this we can realize that not only studying help us to reach goals but, our study has to be realistic, accurate, and unbiased also.

The market is all about 50% study & 50% psychology. In the present market scenario (based on the SEBI data) it looks like people are coming to the market to check their luck. They think the market works on 90% luck and 10% by the operator. There are some hard realities that we have to accept in the market.

-by

Vishal Kumar K R