Sunday, April 5, 2009

What is Stock Exchanges ?

A Stock Exchange is a place that provides facilities to stock broking firm to trade company stocks and other securities. A stock may be bought or sold only if broking firm is listed on an exchange. Thus it is the meeting place of the stock buyers and sellers. India's premier Stock Exchanges are the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

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Jesse Livermore Said

"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor."