Importance of discipline in trading

Having discipline in trading is the most important factor for success. anyone can learn or copy the best strategy in the world and make money at the initial stages. but without a disciplined mindset, no one can win trading in the long term. In fact, he loses more than what he earned in the initial stages. A successful trader is one who masters discipline even with modest strategy

Comments

Viral marketing

Startups can scale big with marketing done by themselves or by viral marketing. Viral marketing is the process where product reaches beyond the target number and become an obsession over the netizens ( considering majority of the new age startups are internet based). Viral marketing is done by people at it is completely free for the companies once they successfully implanted the idea.

Knowledge gap

Sometime the barrier lies in lack of knowledge. People often tend to develop their life using their existing knowledge which they tried and failed many times. Even while taking the financial decision people focus on planning what's they planned before and slay there. They might be good at the existing tried and failed planning. But learning about the different methods and concepts, they can actually make a better decision.

Do the purposeful work

People do start something as soon as they find interesting stuff. The curiosity behind what is in it is the driver. They see someone doing a particular thing the he never tried before. So a keen interest develops inside him and he eventually think about it for a while. If he sees it again the curiosity rises again and the urge to do it develops more seriously. As a result the temptation increases so rapidly eventually leaving him to do that. This is the base behind every new act. We see people doing things they never did before. But this is not the right way or specifically not the right mentality. Because without the understanding of what they are doing and in the absence of purposeful why, things won’t last. When the curiosity and entertainment ceases, it gets boring and frustrating. The reason is the factor that motivated him to perform this activity is no longer alive and he needs new injector which is not available. So the easiest option is to quit. To continue anything we must b...

Day as a new beginning

Every day can be considered as a new beginning. once we get with this pattern of thinking, we can observe ourselves more energized.

Planning

Planning the day before it starts gives us the advantage to work without wasting time.

Focus on mission

Startups instead of focusing on the investors and profit, they should look at solving problems and making an impact. By doing so they can create a culture where it alters the way people think and act.

Make a bright 'present'

The best way to make best way is to make best present. It is no use fearing about what would happen to the unveiled future. Tomorrow doesn’t fold its way, I mean not technically but looking from a perspective of destiny leading life. Each moment spent is a forging sword for the future. Making a better future is certainly possible. The most certain way is make the present better. Present is the only medium where we can channel the energy. Energy could be channelled to any direction. Directions leads to the destiny. That’s why most successful people rely on present and advise us to do the same. You must have heard of you want do something new, do it now. Which is true in every sense. If you don’t act now, you won’t act forever. It is true in technical terms. There is nothing happening anywhere in the world other than now. Actions are only possible in the now. Every action that took and are about to take must manifest through now. It’s now or never. The reason why most t...

Analyse and accept

It is very hard to articulate how the things unfold. It never leave like how we expected to happen. We can either get thrill from it from it for all the unexpected moves or we can shift ourselves in the dark with an aversion. We can actually make to different outcome from these two options. But only thing that highlights at the end is the effect it made it ourselves. One brings good and other, not necessarily bad, but nothing. It is same as not doing anything. Whenever we face with a situation, there is an equal probability to make it as we expected or it turns other way. Seeing that possibility before it happen will not certainly refrain it from happening, because whatever gonna happen is gonna happen. But those perception can mould our lives by accepting the situation. When we start to accept the things, we starts to analyze. When we start to analyze, we starts to improve by making good decisions. So whatever the outcome, even it is on our side, accepting and analyzing is useful. Tha...

Society can be a trap

There are lot of traps out there. Only after falling or getting out of that trap we realize that we were bondaged for a very long time. We were born into the society trap where everything is predefined. Everything is written and all we have to do is to obey them. We are not allowed to wander with our will and certainly not with any other rules. Predefined are the prime ones. When we look at those cultural scribings of activism, we could see that everything is limiting and designed to refrain is from our true potential. The hardest thing is not being unaware of this trap, it is being in the trap even after knowing you are in a trap. This makes us to think differently. Because we found something, probably, no one around found. It would be game changer for everyone. It could transform the society and culture, paving a more promising future for the generations to come. But what happen when we introduce this theory to those blind people is quite depressing. They mock and joke you, laugh a...

Investing with index

Expecting return a way more than the index average can be of greed influence. Index do gives a handsome return that sometimes even surpasses majority of the stock performance. But it is also true that index may stands still for some years. Yet in the very long it is way better than FDs.

Insanely Practical

Search This Blog