1. Psychology plays an important role in making money in stock market. Psychology is a sum of your thoughts and actions. If we have two persons with same trading software, same capital, same paid tips and still at the end of the month one trader will be raking money and other would have had gone broke.

2. The above example elucidates the importance of psychology in stock market. If one feels frightened, arrogant and upset; one is likely to lose as feelings does have an impact on stock trading activity and bank balance.

3. As a thumb rule one can stop trading; if one feels that the judgement is clouded by fear factor. If one can control the emotions than one is bound to make money from stock market. One has to win the own battle of hearts and mind first before dreaming to win at stock market. Remember the playing field at stock market is slanted and has odds stacked against a retail investor as compared to market operator.

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