Friday, May 28, 2010

Watch Important Share Trading Rules


Have patience to sit through your positions with discipline

Be like the devout chanting lord's name steadfastly - Be with the flow of the markets.

Trade only in Nifty, if you must in others, then trade in highly liquid scrips.

Live to fight another day - Risk management by position sizing & stop losses.

Don't pick the tops & bottoms but the major 75% of any wave.

Know your targets/exit points when you initiate a position and trade by it
When in doubt, reduce your position size by 50% or exit..

Your emotional slate of mind need to be balanced for a trading day.

Go to alpha state of mind with "Pranayama" to stay focussed & excel in your trades.

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