Take Our Survey! Nifty Reporter's Live Diary........: Control your ego!

Wednesday, 10 August 2011

Control your ego!

Follow up:

In the morning, when I did not send any buy calls except Cipla, many of the followers asked why i was so orthodox and timid in giving buy calls on such a day when all indices are green. I advised only one thing........Don't carry any long positions over night. Even if you are long in Nifty futures, Please close them before closing time. They could not understand...... You can see with your naked eyes whats happening in the world markets tonight. But when I am updating this blog, Dow and European Indices were trading 3% lower. They all are pinging me to know how I could sense the problems....

From the last ten days, I was writing only one thing. We are into bear market and we see volatile movements. Sometimes stoploss trigerrs. Now the whole channels and sites are writing that we are into bear markets..... Thank GOD! Atlast they too could sense it. 
 
I always tell one thing......stop running in a herd. You will be butchered. Don't trade out of curiosity.. Always wait for your turn... These stock markets are going to be here.... Don't run like a mad cow.... When you take positions,  always wait till the markets prove that you are wrong..............

No comments:

Post a Comment