Friday, May 27, 2011

my motivation in stock trading

i accidently ventured into stock market
in 2003 september.

at that time
i knew nothing about it.

i was a total stranger to it.

it was more of gambling to me.

i had fractured my left foot
and was confined to my home
for around one and a half months.

i had nothing else to do
so i downloaded
all the material i could
from the internet
related to stock trading.

i took out the printout of all that material
as i have always been more comfortable reading from paper
than from the screen.

i also remember
that the printout ran into more than 200 pages
it became almost like a text book.

i still remember i had crammed almost everything in there.
dow theory seemed so fascinating!

now when i look back
i shiver to recall
how useful as well as how useless
all that theory was.

the above statement might seem paradoxical but isn't.
it is a stark reality!

all the theory was useful
because it taught me the sintax and rules and basics.

but all that was useful
from today's context
because operators use
that very knowledge
to deceive everyone.

first they make us learn all that
and then don't play with those rules!

everything is there in the theory
except the tricks operators play.

if you know the theory
you know it and yet you know nothing.

and if you know the things they never tell you
(because they never know it
or because they can never know it, as it keeps changing)
you have some hope.

but for that
you have to know the basics.

anyhow,
coming back to those times
i want to share the watershed moment
when i finally decided
that i wanted to go for it
a full fledged plunge into stock trading.

two thoughts sealed my decision

one,
i realized
that the price could either go up
or down!
there was no third direction.
price couldn't come out of screen or paper.
it had to move in 2d and not 3d!

this resulted into my favourite stock market line
and my motivation

"The market will either go up or go down. So, there is always 50% chance of winning. All you need to do is try and increase that %age with technical indicators and market understanding."

after this i never looked back.

whenever in doubt or pain

i just looked at these lines...

--

and then came my second favourite line which fuelled my effortslike jet fuel

"The stakes of cracking the code of success in stock market are mind boggling!"

total time and money freedom.....

it would be like getting back your life

real life!!!

thereafter,
many hurdles and setbacks appeared
but i survived all of them.

--

all these memories
popped in my head today
when i read the following quotation today
in
'1001 motivational quotes for success'
by Thomas J. Vilord
"In every problem there is a hidden treasure inside.It's your job to find it."

1 comment:

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