2. Take the corrections sportingly and must follow the listed tips to avoid losing hard earned money during the corrections.
(a) If you do not understand the market than avoid stock trading as a primary source of income.
(b) Use your wisdom during correction and do not listen to herd or TV analysts. It is said that the first reaction is the best reaction.
(c) Do what you think is right and do not see stock fluctuating every 10 minutes else you will get a heart disease in bonus.
(d) patience is the key to ride over a recession or correction.
(e) Follow your identified Guru only and speak to the real time investors.
(f) Understand the market pattern / cycle.
(g) Try to be in the game for longer duration.