Important Point considered while Investing or Trading in Equity or Commodity Market
1. Focus on proper trading strategies rather than making money.
2. Always have check on risk vs reward.
3. Sometimes the Best Action on no Action.
4. When you are young, things are Very Cheap for you.
5. When in Doubt just stay out from the trade or investment.
6. No room for emotions, feeling in trading.
7. Don’t make trade when you are mentally unfit.
8. The true Battle is not with the market but learning how to control your wn emotions, impulses, physiological and human nature.
9. Avoid Over-trading.
10. Take a giant step back from the trading market.
11. Interaday trading is well of Death.
12. Discipline is rest of your life.
13. Be greedy when others are fearful and Be fearful when others are greedy.
14. Patience is the key to success.