Saturday, May 28, 2011

learn fishing to be a successful trader

when i was in college
i often used to go for fishing
alongwith my friends...

we all had got
our handmade fishing rods

we would take along
a good supply of bait
to put in the hook
bit by bit
for luring the fish.

for quite a few times
it happened
that i put the bait
lowered the hook into the water
took it out after some time
only to see the bait gone
but no fish!

i felt so bad...

till one day
when the bait was gone
and a big fish had come!

since that day

i never mind
the disappearance of small baits!

because i knew
that on and off
some bait will get me a big fish!

with this one and only and simple trick
we caught so many fishes
in our college days!

bait
was our tiny investment
for
big rewards!

this experience
came handy
during my most difficult trading days!

when i trade
i take it as a fishing game!

i decide my entry point
and the stop loss
and i consider the difference between the two
as the bait!!!

that bait is meant to be fed to the fish
it is not a loss!

quite often
it gets me the fish
sometimes quite big!

this psychological trick
did wonders for me!

but remember
a bait is a bait
not full feast!

if you don't have a stop loss
or don't honour it
the sharks take away
the ship full of bait!

---

happy fishing!

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