“ Play with a straight bat ”
Learn the trading before trading (seems simple but how many follow it?). Be technically strong.It is important to do the right things rightly, otherwise u "loose ur wicket".
“ Stay at the crease ”
Have patience. You will have ample correct opportunities. don't do a stupid trade and loose so much of ur capital that ur career is finished before starting!
“ Running between the wickets “
Do efficiently what has to be done. don't be slow in encashing oppotunities.
“ Footwork ” -
Take risk, Use your talent. No Risk, No Reward
“ Concentrate on line and length ” -
Consistency is crucial. Discipline in stock trading is boring but is the difference between the Pros and Amateurs...Stick ruthlessly to your trading rules. No questions asked. Enter when there is an Enter signal as per the system. Exit when there is an Exit signal as per the System. Have a Stop loss as per the System. Period.
“ Keep the scoreboard ticking. 1’s and 2’s are also important“ -
Don't miss small profits.they add up big, too!
Tendulkar's century has 60% contribution from 1's and 2's.
“ Save 25-50 runs in fielding ” -
Save brokerage, Earn those extra bits by using bids and limit orders.
Money saved is money earned. It’s compounding effect is huge!”
“ Helmet, Guards, Pads, Gloves” -
Use stop loss. Play with only that much of capital that won't break your back in case something seriously goes wrong (they sometimes do in stock market). Safety net in life is important! Trade sensibly.
“ Don’t get hit-wicket ” -
Beware of stupid, careless and suicidal trading decisions.
“ Build the foundation of innings” -
Concentrate on investing in foundation of ur trading career.
You have to learn to walk before you run and take off
“Rotate the strike“ -
Take small breaks from "Trade batting". Give opportunity to other aspects of life too. Take a breather. this will keep u mentally fit and sharp.
“ Build partnerships ” -
What clicks, keep clicking. Stick to ur tried and tested winning method.
1 comment:
nice....and precise
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