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Platinum Rules for Day Traders to Make Money from Stock Market

Posted By On 2/04/2009 07:18:00 PM Under

1. Do not solely rely on market sentiments as it changes overnight and same can be attributed to the emotional state of people.

2.Analysts go wrong due to human behaviour prevalent in stock market.

3. Identify the level of NEWS and find out that you are at which stage when you receive that news as news is generally discounted.

4. Do not be jealous of incompetent people becoming successful in market as at times market do not behave rationally and it plays a wild card option and in that stroke of luck they make money.

5. Learn to spot maximum 5-6 invetsment opportunities in a quarter.

6. Be patient in life.

7. Keep the emotions under tight rein and avoid falling prey to herd mentality.

8. Stock market opens its doors to riches every day and thus you are never late in making money from stock market.

9. One can make more money in a bear markets.

10. As a thumb rule avoid margin trading.

11. Use derivatines as a hedging instrument instead of a speculative instruments.

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