Friday, April 2, 2010

"ye suicide hi tha!"

Market doesn't know u r holding long position.

Neither does it know that u r short.

It will move in the direction it has to move and not in the direction to kill u!

Market only knows whether the majority is long or short

or whether the majority are over-reacting or returning from over-reaction.

Over-reaction creates trading opportunities

which get encashed while returning from over-reaction.

So, market in itself is not ur enemy.

It didn't ask u to go long or short

Market never kills anyone

it doesn't want to!

why should it?

As they say, Market always does the obvious in the least obvious way!

It is not the markets but the sharp players in the market who play tricks on you

to scare u to give them ur money.

They know u lack confidence.

They know u haven't done ur homework.

They know u have prematurely jumped into the trade without waiting for the odds to be in ur
favour.

They know u r scared.

They know u are unwisely leveraged.

They know u don't have sufficient buffer funds to hold to ur position.

They know u have a stop loss and where.

They know how to whipsaw u.

It is they and not the market per se which is out to "kill" u!

I repeat, market never knows whether u, as an individual, have a long or short position.

It has no intention to "kill" u.

U kill urself.

By taking incorrect position.

By taking premature position well before the odds are overwhelming in ur favour.

By weak money management.

U urself become a sitting duck for the predators and blame the market for it.

Stock trading is virtually the biggest online game in the world "played" by millions everyday.

Amateurs are playing for "thrill"

Pros (young as well as veterans) are playing for "profits" from "trading opportunities"

People say 'they are unlucky'

I say 'u choose to be unlucky'

As Principal Bhupinder said in his article

"Luck is just Pluck!"

In the movie '3 Idiots', 'Rancho' tells 'Virus' "Ye suicide nahin, murder tha!"

But in your case, whenever u lose

"ye suicide hi tha!"

1 comment:

amit said...

i am missing ur comments these days.waiting egarly. amit
amit.sharma1975@yahoo.com