By trader it is presumed the positions are taken for the day only.:
What is written are good but general. Just follow these golden rules:
1. The most important thing is discipline. 2. Whether you take short or long positions, have triggers for stop loss without fail. 3. It wll be a good idea to have profit triggers also. 3. Do'nt compete with the market. 4. Best is to take position after markets have moved. If markets have been up for 3-4 days..chances are good it will dip a bit. same if the markets have been down for many days. This must be watched. 5. Trade only in liquid scrips. Study their movements well. 6. Do'nt curse your luck if stop loss triggers. Live for another day. Markets are'nt going to vanish. They will be there again the next day. Do'nt fight the market or your emotions. 7. When in doubt, do'nt enter or if in position get out. There is always another moment, another day. 8. After taking a position, take a break, read the paper, watch the news. Do'nt keep looking at the terminal with anxitey. It will give you even if you do'nt want it. 9. With time you will learn new tricks yourself. 10.Of course you will become a good psychologist of the market. But do'nt ever think you got it all. Market always has a bigger surprise. # Free Share Tutors, guideline, strategies, analysis , risk management - "share market plus . com "
RE:Free book from SHAREKHAN at sharekhan.co.cc
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RE:Free book from SHAREKHAN at sharekhan.co.cc
by facelessindian on Dec 25, 2007 04:01 PM Permalink
are kahe tension lete hai, itne paise main to ghoda lijiyega na bahut fayda hoga
RE:Great Opportunities for earning.
by RADHAKRISHNAN K B on Dec 13, 2007 01:57 PM Permalink
pls tell me how to join speedcycler.This site is not opening
The approach of the author is refreshingly new and thought provoking. The most important thing that comes out from the article is that making money in the stock market is liked not much to the market but to our own personality.
RE:An eye opener
by alokekumar on Dec 18, 2007 08:28 PM Permalink
IT IS BETTER TO APPEAL SEBI,NSDL,FINANCIAL T.V.CHANNEL-WELL OF COURSE FINANCIAL ANALYST TO START A UNIVERSITY OF STOCK & INDIAN MARKET .I WILL WELCOME CRITICISM.