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Old 5th August 2008, 11:48 AM
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okay point taken


Date 08/05/08 time 10.42 am

Hi,
Yes i fully understand where u r coming from, But did u know this golden rule of trading that only 3% of the people make money in this line trading. and 97% lose money. To that extent u r right. But trading is not to be unndertaken by those who r casual players or just simple plain monied.
But then the twin human tendencies which govern the working of the stock markets viz greed and fear, are equally prevelant when u r a long term player. It is only a figment of ur imagination which makes u believe that one will win in the long run. I keep telling this to everybody around me. When u cant even predict where the price will be in a few hoors from now, how does one buy ur argument of predicting what ill happen say, six months down the line. This is a cliching and convincing factor. The rule as they taught me back in the school of hte markets is a simple one" either u spend time to study the markets and then enter keep watching it like a good movie. "We dont take up acting just becasue we like a movie do we!!!
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  #12 (permalink)  
Old 5th August 2008, 11:49 AM
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okay point taken


Date 08/05/08 time 10.42 am

Hi,
Yes i fully understand where u r coming from, But did u know this golden rule of trading that only 3% of the people make money in this line trading. and 97% lose money. To that extent u r right. But trading is not to be unndertaken by those who r casual players or just simple plain monied.
But then the twin human tendencies which govern the working of the stock markets viz greed and fear, are equally prevelant when u r a long term player. It is only a figment of ur imagination which makes u believe that one will win in the long run. I keep telling this to everybody around me. When u cant even predict where the price will be in a few hoors from now, how does one buy ur argument of predicting what ill happen say, six months down the line. This is a clinching and convincing factor. The rule as they taught me back in the school of the markets is a simple one" either u spend time to study the markets and then enter or else keep watching it like a good movie. "We dont take up acting just becasue we like a movie do we!!!
__________________
sinn fien

Neeraj B


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