Golden Rules to Live Joyfully in Stock Market Game
As the word ‘ game ’ used here is not for a fun… really stock market is a game, any game it should have some rules without that it cannot grow and sustain for longer, so the Rules for Stock Market game is a must.
You do not enter in to the Stock Market because of compulsion or someone would have told to do so; you think twice… think thrice before entering into the Stock Market …once enter then do not look back
• Rules are Mine …I am responsible for my act..I must able to respond any situation
• Be calm.. Keep your mind peaceful while trading and Be patient … always patience pays you the reward
• If, You are disturbed mentally, do not engage the trade .. it will fail
• Keep Positive thinking will hold you in the game.. Negative thinking neglect you from the game
• Close your eyes, ears & mouth too.. Business Channels, Dailies, rumors about stock market will make you polluted
• Have faith in your system and trading levels, your stop loss and the target levels … trade accordingly
• Greed and Fear are two sides of the coin in Stock Market failure – You must ignore it
• Always Trade with Stop loss (Try to restrict the risk/loss)
• Cut the loss when it little and Ride the profit carefully and book your profit then and there
• Emotional trade makes you sick and disappear you from the game and Ego is the direct enemy for stock market game
• Do not borrow money to trade/ invest in share market
• Don’t Trade on Free Tips/Rumors and don't ask any free tips or advice to any one
• Protect the capital is foremost then making profit.. it is secondary