Quickgyan

WHAT HAPPENS IF THE LOSS IS CARRIED ON THE BOOKS?

Cannot sleep well at night.
Spolis relation with family & friends.
High level of irritation & increase in blood pressure.
Falls ill very easily.
Blames luck.
Loses the apetite to enter a fresh trade (most probably a profitable one) and then rues the fact. misses many such opportunities.
Becomes a psycho (in extreme case).

so, its better to lose small and have a perfect life!!

analysis is an art not a science
stoploss!! always maintain
trade with trend
never try to catch a falling knife!
let your profits run, cut short your losses
businesses do not close down when markets crash!
do business with brains. business of relationship is done through heart

Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.

You don’t need to trade everyday - there is the plain fool, who does the wrong thing at all times everywhere, but there is also the dalal street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily – or sufficient knowledge to make his play an intelligent play.

Losing money is the least of my troubles. A loss never troubles me after i take it. I forget it overnight. But being wrong – not taking the loss – that is what does the damage to the pocket book and to the soul.

A speculator must concern himself with making money out of the market and not with insisting that the markets must agree with him. Never argue with it or ask for reasons or explanations.

The speculator’s deadly enemies are: ignorance, greed, fear and hope

you must always put a stoploss to preserve capital

a small loss or several small losses can easily be made back with one large profit but when you let large losses run against you it is hard to get them back.

the fear of the market is the beginning of wisom.

never average a loss rather buy on the way towards profits.

the most important of all ( huge fno traders and margin traders. )

when you make a trade you should never risk more then 10% of your capital and if u have a few losses reduce your units of trade.