Loss Always Play in Back Of Mind

1. I receive a number of comments and Emails where people say that they have lost X Rupees and want to recover the same with my tips for Indian stock market.

2. Mt only advice to such people is to invest in stock market with an open mind. It must be understood that one must invest with that much money only which he/she is ready to lose as if a person is emotionally attached he cannot make money.

3. The reason for forgetting the loss is that if one does not forget loss than it keeps on playing at the back of the mind of an individual and moment he sees some profit he books it and whereas in a loss making he keeps on giving additional room to the loss making order and his loss mounts. Thus a loss making order covers profit made with 10 profitable tips as we do not let the profit making tips run.

4. So break free of the loss and profit mentality and invest in stock market like a cold machine and this is in particular true if you want to day trade.