One of the most frustrating things a trader can experience is being dead on right about a trade, taking it, BUT.. still losing money! How can this be? This can happen in five different ways, each of the first four contain a lesson for better planning the fifth way to lose money in this list… Read More »
As a Trader it totally amazes me to see how we are almost “hard-wired” to do all the wrong things. It’s almost as if we were put on this planet to determine how many ways we can mess up our trading. How do you respond to a loss? How you respond to losing trade. During… Read More »
FORGIVENESS A Seth ji gave three lakh rupees to his younger brother for business. His business settled very well, but he did not return the money to the elder brother. The internal relationship between hatred and malice became very deep. Seth ji, all the time started criticizing his younger brother in front of every relative.… Read More »
In trading, like in several other disciplines, the most consistent person wins. If you keep adjusting your trading strategy, you’ll probably never get to see consistent trading results. Consistency comes first in your actions and (fairly) consistent results from the market come second. That is not to say that you have to stick to the… Read More »
In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Happy Teacher’s Day to the Great Teachers who have taught me how to Trade and above all being *Humble* !! Remain calm and stay disciplined The stock market can be very unpredictable… Read More »
Once a little boy was playing outdoors and found a fascinating caterpillar. He carefully picked it up and took it home to show his mother. He asked his mother if he could keep it, and she said he could if he would take good care of it. The little boy got a large jar… Read More »
May Lord Ganesha destroy all your worries, sorrows and tensions. Happy Ganesh Chaturthi! Always pray for sharp ears like Ganesha to hear everything clear. Warm wishes on Ganesh Chaturthi He had bought and sold hundreds of stocks and several properties over those years, but had never really made any real money. He owed it to… Read More »
In everyday life, bad habits can have any number of side effects. Weight gain, illness or social exclusion, for example. Bad trading habits, by contrast, affect people in just one way.They lose money. Letting costly habits creep into your trading is all too easy to allow. After all, you don’t have a boss to tell… Read More »
It all began in January, 2002. Deepika Dadlani had just joined for her second term of training in the Air Force Academy, and Ronald Kevin Serrao was in the final term- a senior most trainee cadet in the Academy- an office bearer. The first thing he had noticed about her was her name on the… Read More »
When one starts any business, one has a pretty clear idea as to what would be the cost of starting the business. This may go from a few thousands (if you are starting a web based company) to a few crores (say to get a start in the construction business). But when it comes to… Read More »