Friday, October 2, 2009

A few rules for today - Please do read this

Today is 2nd October 2009 a national holiday. For most of the newer generation it is just that - a holiday.The significance of Gandhiji is perhaps reduced to only his image on the Notes of Indian Currency and beyond that he has been relegated to the mental archives of the pentagenerian. Once in a while a Lage Raho Munnabhai comes in to remind us why he is rightly called the FATHER OF THE NATION.So, on this day today, let us solemnly affirm that:
We shall trade with self discipline.
We shall not be greedyWe shall not be impulsive.
We shall be emotionally detached to our investments.
We shall never follow a stock.
We shall never act on hear say.
We shall book our losses and profits with utmost precision.
We shall not gloat over good deals.
We shall not sulk over bad deals.
We shall never trade more than 10% of our capital in one trade.
We shall spread our investments across multiple sectors.
We shall ear mark a part of our portfolio for defensive stocks.
We shall never get swayed by what we see on the trading terminal.
We shall always maintain courage even in the face of adversity.
We shall not credit others for our gains.
We shall not blame others for our losses.
We shall accept full responsibility for our actions and the consequential results.and lastly,
U will not curse me for this article,Have a great day. May this Jayanti - Birthday signify the birth of our new found financial independence and self reliance.

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