Trading is a one man industry!
Like any industry there are 5 crucial M's
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"Man"
there is only one!
and that is you!!
Employ, train and manage a good "you"
Fire the bad "you" before it "fires" you!
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"Money"
the principal amount
must have enough to deploy
must have enough in reserve
safeguard it
but use it
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"Material"
margin amount and opportunity are the material of trading industry!
together, they are the raw material for the finished product
- profit!
both are important - alone none is of any use!
don't waste these materials which are in short supply and very costly!
also, in this industry, no re-work is permitted on the finished product!
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"Method"
Yes, method is a must in this industry also
no method = all rubbish
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"Machine"
The trade is the machine in this industry
Till you put the material in this machine
nothing will come out!
so, overcome your fear and take that trade!
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