Sunday, June 20, 2010

8 paradoxical commandments of stock trading

1. Losers shall be the winners!

= losing positions need to be stopped. such losers will be rewarded.

= those who hate losing, will not trip losing trades and hence they will definitely lose.

2. Those who "don't know" shall be the winners!

= traders who say they "know all" will be humbled.

= those who, despite knowing, know that they "might not be knowing still", will be rewarded. "Experts" are humbled in the market.

3. Those who are willing to sacrifice will get!

= those who can't withstand the emotional pressure to book profit too early just because of the fear of losing that profit, will never be given big.

= those who are willing to sacrifice the small for the big (till the exit bell rings) will be rewarded.

4. Those who avert risk will be put in risk!

= and those who seek safety will not be safe!

5. Those who ride emotions will be shown logic!

= Those who ride logic will be presented emotions!

6. Those who can't wait will be made to wait for profit!

= Those wait shall not be made to wait any more for the profit!

7. Those are not willing to sweat will be made to pay in blood!

= Those who willingly sweat will be rewarded in flood.

8. Those who put money before the method will get money only after the method

= Those who put method before the money will get money immediately after the method.

2 comments:

rochak parekh said...

SIR,
WONDERFUL, WONDERFUL, WONDERFUL,
i only lack words to praise u
please help me

point no. 3, how do u decide ur exit point.

ARTICLE " forget her "
how do we decide, that the immediate bull run/bear run is over for now at least
please answer elaborately
thanks answering
regards

rochak parekh said...

HELLO FRIENDS,
with the blessings of Shri SAINATH MAHARAJ & inspiration of Mr. I lango ji, Javed bhai, Nooresh bhai,Jagmohan ji, Laxmi ramchandran ji, Nandi ji, Amol bhai, Shai, Gautam, San, Amit, Rajgopal and other well wishers, i too decided to start a blog of myself on todays auspicious day of EKADASHI.
please have a look at it and please dont refrain urslf from commenting on it, be it a appraisal or a criticism, since it would help me only to improve myself.
thanks
looking forward for a co-operation from my trader community brothers.
JAI SAINATH
regards