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Important Tips for Investing in the Iraqi Stock Exchange
Investing in the Iraqi Stock Exchange requires a lot of study, analysis, and gaining experience in the mechanism of the market. It is not a gamble or a game of chance. Anyone who wants to learn how to trade stocks in Iraq must take this matter very seriously and deal with it like any other type of trade and investment. The most important tips that help to succeed in this are the following:
شراء الاسهم في العراق
Knowing the most important foundations and initial information about the stock market and its working mechanisms, and understanding the common terms used in daily transactions on the stock exchange. Such as trading, indicators, brokers, etc.
It is necessary for beginners in investing to use small amounts of money as a start. So that it does not exceed 10% of the total capital and savings. It is wrong for anyone to start investing all of their savings at once in the stock market. If the trader is exposed to a loss, he does not lose all of his money.
Determine the investor's goals behind trading, and develop a trading strategy that suits these goals and achieves them. Whether the investment is short-term or long-term. Then choose the stocks that suit the strategy and goals, and do not pay attention to rumors or random trading recommendations.
Every investor must not overlook the importance of diversifying investments, by purchasing shares of companies from various sectors and not investing the entire capital in shares of one company, as this limits the amount of risks that can be exposed to in a specific sector.
Using loss time and profit taking orders is a necessary matter that helps protect capital from sharp fluctuations in stock prices, as no deal should be left open without continuous monitoring of market movements.
Following the rule of quick stop losses and long-term retention of profits, meaning that the stock is sold if its price falls below the level set by the trader, and in return, the stock is kept if its price rises above the level set by the trader.
Keeping a record of transactions even after they have ended, in order to learn from successes and mistakes, evaluate performance, and review the strategy used continuously, and then be able to improve future performance in trading.
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