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6 Cardinal Rules for Achieving Success in Stock Market

Posted By On 9/11/2010 12:57:00 PM Under

If one makes it a habit to follow the given cardinal principles of stock market, than chances are very rare that one will lose money in the stock market. The same are as appended below:
Take position according to market conditions
(a) As a thumb rule one should not get emotional with your money.
(b) Make it a point that one always follow the strategy strictly.
(c) One has to make sure that one is along the trend prevailing in the market and is not acting against it.
(d) Definitely have the stop loss written on a plain paper before one enters in a trade.
(e) Do not trade beyond your capacity.
(f) Do not blindly short sell in falling markets as stocks and indices have a tendency to bounce back.

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