Trading and the Himalayan Monks...

 If you are hungry and dont have food, some one with kind heart can give you food. If you dont have job, some one who needs employees can give a job. In trading, if you dont have balanced mind, even you got best education in trading, best traders who can give you entries, targets, you can not make money. Your destiny is in your hands in trading.



How it is connected to Himalayan monks?

Meditation

If you meditate daily and balance your mind during tough time, you can be the best trader.

Most people start with the mind set, I know everything and I am super smart in my field. But they fail to realise trading needs different skill set.

Dont trade without proper education. And practise what you learn. Moving one strategy to another with out proper understanding of anything will give loss at the end. 

Trading is not for the people who are fickle minded.  Only the strong and balanced mind wins.

Comments

Post a Comment

Popular posts from this blog

Friend - Partner in crime...

 There will be atleast one friend in our life to whom we can contact at any time to share happiness/sadness.  The friend who can translate my silence. The friend with whom I can laugh about my foolishness. The friend who can convert my weakness to strength. The friend with whom I made the pact to look after each other The friend  who can stop me before I commit a crime :) Though I started to write thinking about all my friends, only my best friend filled my mind when I am writing this. To my best friend, you are the most sincere, dedicated, kind, wise, focused and action oriented person I have ever known. 
Read more

Hello

 Hello Traders, I am going to post about our indexes bank nifty & nifty here. With charts & information about OI related to it. Support me to post more here.
Read more

How to prepare for a challenge?

Everything needs preparation, especially a challenge.   There are few steps for preparation. Decide wholeheartedly – I am going to do it, I only can do it. This type of mind set is needed. Make your mind to understand that your brain has decided to take the challenge and it has to give cooperation.   Most of the time you know what is right and you wont do it. Its because you have not made your mind to understand the importance of it. Recollect your past performance so that your mind will get ready to face the challenge. Once you have decided to take the challenge, you should prepare for what you need to face the challenge. For example, if you are planning to run in a marathon, then you need a fit body, running equipments like shoes and training. The reason why you are doing it should be strong. That only will hold you during tough times. If your reason for why you are doing it is weak, at least what will happen if you didn’t do it should be strong. The people who make history h
Read more