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Friday, 4 April 2014

SHARE MARKET- MY GOLDEN RULES

MY GOLDEN RULES :



  1. Accept That The Stock / Financial Market Is 101% Hardcore Business.
  2. Learn How To Do That Business In A Professional Way & Gain Experience Thru Self Analysis, Professional Teaching Or By Experienced Mentor’s Assistance For Market Value Clarifications.
  3. Decide, With How Much Amount You Want To Start Your Business, Analyze Your Risk Appetite As Well As % Of Return You Want At The End After Deducting The Expenses & Taxes.
  4. Stop The Same Old Myth Watching Television, Reading Newspaper, Broker’s Advise, Help Of Tips Providers.
  5. Trust On Your Education Religiously & Do Practice As Much As You Can.
  6. Never Ever Listen To Anyone’s Else Opinion, Trust Your Chart, This is the only Fact Provider.
  7. Trade/Invest Always Level Based Instead View Based.
  8. Don’t Rigid, Don’t Overconfident & Don’t Emotional
  9. Remember If Everyone Is Thinking The Same Than Someone Isn’t Thinking.
  10. Remember You Are Trading/Investing Other Trader/Investor Not Stocks Or Future Contracts.
  11. Before The Start In Any Trade One Must Know The Risk Reward Ratio.
  12. Like In Any Other Business Don’t Expect Gain For First 6 To 8 Months, Instead Try To Analyze Your Trading/Investment, Profit Will Automatically Come.
  13. Trading/Investment Without Stop Loss Is A Dangerous Omen. Keep In Mind, People Who Hesitate To Place A Stop Loss; Are The Once In Loss. Stop Loss Must Be In The System Not In The Mind.
  14. Be A Smart Businessman , Don’t Go For A Small Moves, Make Handsome Profit That Will Happen Only With Passions. Remember Only One Trade Will Earn You A Yearly Profit.
  15. Last But Not The Least , The Biggest Strategy In Market Is Discipline Nothing Else.