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1. Never trade with money you can not afford to lose. 2. Buy when markets are in the grip of panic. 3. Only buy fundamentally strong stocks. 4. Always ride the trend and never try to decide a trend. 5. Invest in companies with proven management. 6. Don’t invest in loss-making companies. 7. Always select the stocks, for there are always bullish stocks in the bearish and bearish stock in the bullish market. 9. Always while trading keep the amount same in each trade and not the quantity, for ex.:- If you have trade 250000/- in one, trade 250000/- in another rather than trading 1000 share in each. 10. Blaming market is trying to hide your mistakes from yourselves, making fool of ones self, thereby losing an opportunity to learn, markets are never wroung, the blame lies with trader. 11. Always introspect at the end of the trading day, next day will work wonders. 12. Never ever enter a trade where the risk to reward ratio is less that 1:4. 13. Always trade in 2 to 3 stocks at any given point of time, how lucrative the market be, be master of some then being jack of all, keep buffering profits, you will find stock markets a wonderful place to be in.... |
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