Saturday, August 28, 2010

Trading lessons from turtles

Fact : Turtles have been on the earth for more than 200 million years.

Lesson : Survive

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Fact : Sea turtles excrete salt absorbed in sea water from their eyes, which is why they seem to cry.

Lesson : Traders never cry! Even when they appear as if they are crying

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Fact : Some female turtles produce eggs four years after mating.

Lesson : Believe in your trade!

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Fact : Turtles live on every continent except Antarctica.

Lesson : Traders should be willing to trade anything anywhere which offers opportunity to make money. Unlike turtles, traders are willing to go even to Antarctica if there is a deal!

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Fact : All chelonian turtles lay their eggs on land, even the marine turtles.

Lesson : Good traders trade on (ground) realities.

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Fact : Turtles range in size from the 4-inch Bog Turtle to the 1500 pound Leathery Turtle
6 and a half feet long and weighing up to 1,500 lb.

Lesson : Even if you are a small-time trader, be a proud one. You are in the same pit as Rakesh Jhunjhunwala!

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Fact : Turtles will live in almost any climate warm enough to allow them to complete their breeding cycle.

Lesson : Anything for profit!

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Fact : The soft shelled turtle uses it's long tip nose and nostrils like a snorkel to breath under water.

Lesson : Improvise to handle difficult situations.

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Fact : The shell of a turtle is made up of 60 different bones all connected together.

Lesson : A human trader has 206 bones. We should survive longer.

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Fact : Most land tortoises have high domed carapaces that offer protection from the snapping jaws of terrestrial predators.

Lesson : Absolute safety of the principle amount - First rule

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Fact : Turtles have hinges on their shells that actaully allow them to completely enter their shell by closing up the openings.

Trader : When there is danger, withdraw from the market.

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Fact : Turtles have good eyesight and an excellent sense of smell.

Lesson : Spot the oppotunity, smell the trouble - fast!

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Fact : Only one out of one thousand sea turtles survive after hatching.

Lesson : Congratulations! You are one of the surviving ones!

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