In any business or moneymaking venture, preparation and
foreknowledge are the keys to success. Without this sort of
insight, the attempt to make a profitable financial decision
can only end in disaster and failure, regardless of your level
of motivation and determination or the amount of money
you plan to invest.
In the stock market, this rule applies to the nth degree, as
you are investing your own money in what could be
considered a high risk wager, and you are playing with fire if
you do not have at least a general background knowledge of
how it functions. Since having a background in any area is
helpful in guiding you down a path in that particular region,
the more solid your basis of investment knowledge is, the
more likely you are to profit from any attempt to trade on
the open market.
In many ways, trading on the stock market can be compared
to driving – you do not have to be an expert to get behind
the wheel of a car, though you are expected to have some
previous knowledge about basic traffic laws, including
moving violations, safety regulations, and other legal
vehicular infractions, which are learned through either
specific study and coursework or even through some form of
simple exposure (such as the years you have spent riding
with your parents and others who have driven for years).
You should be able to comprehend the basic tools used to
navigate a car (where the break pedal is located versus the
gas, and how to use the rearview mirror, for example), even
if you have never touched a steering wheel.
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[YES] Can be broken down into articles
[YES] Can be used as web or e-zine content
[YES] Can be added into membership sites
[YES] Can be sold in any format
[YES] Can be packaged
[YES] Can be offered as a bonus
[YES] Can be sold on auction sites
[YES] Can be published offline
[YES] Can be given away (in any format)
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