SUCCESS MANTRA TO SUCCEED IN STOCK MARKET:
Now markets becoming volatile and unpredictable small investors are again rethinking their decision to enter the market. From 2009 till now small investors stayed away from market while the market moved from 8000 to 20000. The data shows HNI, PRIVATE EQUITY & HNI’S is creating huge portfolio in Indian stock markets.
Now lets’ analyze the reasons of recent melt down. Friday sell off was triggered by the rumor of PM resignation over 2G scam. China not hiked the interest rate preferred the reserve ratio hike. Irish debt crises will find solution shortly.
Do you want to miss the rally again?
My dear friends market is supreme, nobody on this living earth can predict its’ move. Lets’ respect it and go along with it; it will never let you down.
The following are some of my investing principles learned over 26 years of my investing life.
· There is always a profitable investing opportunity in all market conditions.
· If you have control over your greed and fear you will never lose money in the stock market.
· Failure is the first step of journey toward Success; make your failure as your inner strength rather than your weakness.
· Blaming others and finding excuses are two most destructive road blocks to success.
· Trade within your limit; decide stop-loss as per your risk appetite.
· Never put all your eggs in one basket, as there is no short cut in stock market to be rich overnight remember large castles are build brick by brick.
· Let your profitable trade flourish to maximum, but close your wrong trade at your earliest.
· Never try to repair a wrong trade, it is not a shoe. Rather concentrate your time, money and energy on another opportunity.
· If all goes wrong in spite of your best effort take the advice of an expert or take a trading break.
· And the most important thing always remains a learner like me learning from the mistakes of self and fellow investors.
REMEMBER ONE THING
THE MOST OPPERTUNE TIME TO INVEST IS
WHEN THERE
GLOOM, GLOOM & GLOOM
EVERYWHERE
courtesy: AK.Sharma
