Never chase a stock
Trade according to the levels
Dont do blind trading
Apply strict stop loss
Wait for the target or stop loss to hit
Trade according to the Trend; Trend is your Friend
Don't trade in hurry
Trade with full strategy
Try to average at decent price gap
When your predictions goes wrong exit the trade immediately
Set a achievable target and exit once the target is achieved
Dont be over ambitious and wait for huge targets
Intraday trading is about controlling your nerves
Always utilize 50% of your capital and keep 50% of your capital in reserve
Don't trade in huge quantity. Quantities should be decided on how much loss is acceptable by you
Buy when markets are in the grip of panic.
Only buy fundamentally strong stocks, which are undervalued.
Buy stocks grown in top line and bottom line over the past years.
Invest in companies with proven management.
PE Ratio and Growth in earnings per share are the key.
Look for the dividend paying record.
Stocks have been the high yielding asset class over the past.
Stocks are an asset class.
The basic property of any asset class is to grow.
Buy when everyone is selling and sell when everyone is buying.
Invest a fixed amount each month.
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
In the business world, the rear view mirror is always clearer than the windshield.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Price is what you pay. Value is what you get.
Someone is sitting in the shade today because someone planted a tree a long time ago.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
Risk comes from not knowing what you're doing.
Only when the tide goes out do you discover who's been swimming naked.
Our favourite holding period is forever.