Friday, July 1, 2011

what's your mindset?

scalping
= pocket money mindset

day trading
= salary mindset

entering trade without checking the trend
= gambler mindset

entering trade anticipating a trend / trend change
= shopkeeper mindset

entering trade after confirming trend and remaining in the trade till first correction
= trader mindset

remaining in the trade till the trend continues despite intermittent correction
= businessman mindset

remaining with the stock till the business keeps growing
= wealth creator mindset

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