Welcome to the world of bulls, bears, open/high/low/close price, candle sticks, charts, investors and traders. This world does not have twelve colors that we learn in school. It knows only one color 'Color of Money'. It does not have 7 color rainbow. It has two color charts Green and Red. This is the world where day does not start with sun rise and does not end with sun set. Day here starts with open price and ends with close price. Weather in this world is amazing. Seasons are known as quarters and there are cycles too. It has its own formula of gravity. But remember law of gravity 'what goes up comes down' applies. Here there are only two weathers, hot and cold, and remember weather he is cyclic. What is hot today, will be cool tomorrow. What is cool today will be hot tomorrow. So remember hot and cool both are good. Like any other world, here as well there are good things and bad things. Good things sometimes come in form balance sheet with nice numbers and bad things sometimes come in form of tips and rumors.
Understanding some principles can make your life easy in this world.
- If someone is making profit, there is always someone who is making loss.
- Beware of roaring of bulls, respect silence of bears
- Bulls have no fear, bears have no mercy
- Good things are good, bad things are bad. Things don't change without transformation drivers.
- No one is helping you to make money. They are helping themselves. Either they are making sure of achieving their targets or saving their losses.
- Price and Value are differnt. Prices move, and Value change. Prices move fundamentally, technically and psychologically.Vallues change mathematically.
- Investments bring returns, trades provide margins.
- Investment is based on value and earnings, trade is based on price and terms.
- Investing and trading strategies are learned but not taught
Understanding some principles can make your life easy in this world.
- If someone is making profit, there is always someone who is making loss.
- Beware of roaring of bulls, respect silence of bears
- Bulls have no fear, bears have no mercy
- Good things are good, bad things are bad. Things don't change without transformation drivers.
- No one is helping you to make money. They are helping themselves. Either they are making sure of achieving their targets or saving their losses.
- Price and Value are differnt. Prices move, and Value change. Prices move fundamentally, technically and psychologically.Vallues change mathematically.
- Investments bring returns, trades provide margins.
- Investment is based on value and earnings, trade is based on price and terms.
- Investing and trading strategies are learned but not taught
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