Trading lessons from Elephants...

Here are some trading lessons from one of the most amazing and gentle animals on our planet:-

1. Stability
Fact : Despite huge size, an elephant is amazingly stable.
Trading Lesson : Remain stable and calm in the market despite heavy stakes.

2. Moves in Herds
Fact : An elephant herd can have 5-1,000 individuals and it is led by an old female.
Trading Lesson : Go with the trend started by "elders" (big players).

3. Long trunk poking places
Fact : Elephant keeps looking for "things" by poking his long nose.
Trading Lesson : Keep looking for trading opportunities by turning more and more stock graphs.

4. Throwing mud on self after bathing
Fact : Elephants curiously throw mud over thamselves after having a bath.
Trading Lesson : Don't be too happy when you profit. Take it easy. Move forward.

5. Crows on the body
Fact : Crows riding the elephants keep pricking them and cawing in their ears. But elephants don't seemed to be bothered much.
Trading Lesson : Don't bother too much about the experts on your back. --------

6. Make move silently and quickly
Fact : Because the elephant foot has underside soft cushions, elephants can walk almost noiselessly. Also, they can run with a speed of 25mph (40 kmph),faster than the most rapid human athletes, despite their huge size.
Trading Lesson : Make quick and silent trades!

7. Read between the lines
Fact : Besides the trumpeting, elephants also communicate through infrasounds with a frequency of 14-24 Hz.
Trading lesson : Catch the unspoken silent but clear signals in the market of the approaching trend reversals and big moves.

8. Mammoth Size
Fact : Elephants are the biggest creatures on land.
Trading Lesson : Think big

9. Tusks and Teeth
Fact : Elephants have two tusks to show and teeth inside to chew.
Trading Lesson : Good traders have backup plans inside them if the need arises! They have more than what they reveal!

10. Elephants can swim
Fact : It is amazing to see such a heavy animal swimming effortlessly!
Trading Lesson : Be nimble, swift, quick, flexible and responsive in responding to situation despite heavy positions!

11. No fear of the lions
Fact : Everyone fears the ferocious lions except the elephants
Trading Lesson : Don't fear the punters, take advantage!

12. Food
Fact : An elephant daily eats 150-300 kg of food and drinks 80 litres of water.
Trading Lesson : Keep learning (food for mind)

13. Fears the ants
Fact : Elephant knows even an ant in the trunk can kill it!
Trading Lesson : Be alert to the smallest threat.

14. Tiny tail
Fact : Elephants have proporationately very small tails
Trading Lesson : Keep trading expenses minimum

15. Big Ears
Fact : Elephants have fan-like big ears
Trading Lesson : Listen to every opinion that matters

16. Loves bathing in rivers and lakes
Fact : Elephants love sitting and playing in water for hours!
Trading Lesson : Keep your cool and enjoy life outside trading

17. Thick skin
Fact : Elephants have very thick and stretchable skin!
Trading Lesson : Take mistakes and lessons in your stride. Have a "thick skin". Bear the blows and move on!!!