Saturday, August 22, 2015

not a club, pub or casino

take trading like a business, not like a lottery, gamble or luck and hope thing.

in trading, avoid adhocism as you would in a business.....
invest time effort mind money emotions in trading as you do would in a business
understand that you would have to establish the trading as any business....
just rhetoric, chest thumping, joking, fooling, bravado won't do
be a businessman
be in the business of sale purchase of stocks or indices
let results and consistency be the pins to your ego balloon
buy or sell stock or index like you would a flat or land or alike
build the trading business painstakingly
market is not a club or pub or casino
learn the tricks of this trade.....not to lose but profit
business is not entertainment, trading is not show business
amateur traders should avoid the inadvertent joy of being a reluctant stripper
don't enjoy your loss
trading,unfortunately,is the only trade which is not traded like a trade but spent like a hobby.....alas
reveal your profits and losses to your parents, spouse or siblings and see the casual approach evaporate
amateur traders keep avoiding slaps and keep hearing imaginary fake misplaced claps
trading is a difficult serious business....take it like one
maintain profit and loss account
ask self about the roi
keep an eye on expenses
do swot analyses
do frequent reality checks
take that slap....everyday after breakfast lunch and dinner

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