Archive - Feb 11, 2008

Golden Rules of Trading

- Plan your trades. Trade your plan.
- Keep records of your trading results.
- Keep a positive attitude, no matter how much you lose.
- Don't take the market home.
- Forget your College degree and trust your instincts.
- Successful traders buy into bad news and sell into good news.
- Successful traders are not afraid to buy high and sell low.

38 steps to becoming a trader

1. We accumulate information - buying books, going to seminars and researching.

2. We begin to trade with our 'new' knowledge.

3. We consistently 'donate' and then realise we may need more knowledge or information.

4. We accumulate more information.

5. We switch the commodities we are currently following.

6. We go back into the market and trade with our 'updated' knowledge.

dil ki aawaz

tanhaiyon mein unhe yaad karte hain,
woh salamat rahe yeh fariyaad karte hai,
unhi ki shayari ka intezaar karte hain,
unhe kya pata hum unse kitna pyaar karte hai.
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unko hum kya saza de jisne mohhabat mein mera dil tod diya,
gunaah to humne kiya jo unki baaton ko mohhabat samajh liya.