Joined: 17/Mar/2010
Location: India
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Posts: 115
Topic: There are four different possibilities in the mark Posted: 17/Nov/2011 at 9:48am
There are four different possibilities in the market.
You made money on correct trade - Excellent
You lost money in a correct trade - bad luck
You lost money in a wrong trade - you deserved it
You made money in a wrong trade - Very very dangerous.
Don't judge the success of anyone in the trade by the amount of money he has made.
Judge the sucess by his trading strategy. Money can get made and vanish in the blink of an eye.
A good strategy stays with you for a long period of time and success becomes enduring.
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
Posted: 18/Nov/2011 at 12:01pm
Excellent post Gaurav ji.
The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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