yes boss!

market

is like a strict boss

who rarely appreciates your good work

but leaves no opportunity

to reprimand you

and put you on the mat

for any mistake

you commit

even innocently!

==

however,

in the market

if you accept and acknowledge

every mistake honestly and promptly

and silently self-admire

every correct thing you do,

it can turn out to be

the best training for you!

---

21 days

experiments

by psychologists

have proved

that

any routine

repeated religiously

without break

for 21 days

becomes a second nature

a habit!

--

unfortunately

it includes

all the easy

bad trading habits.

--

but fortunately

it also includes

all the difficult

good trading habits!

looking for a jackpot?

9 out of 10

traders in the stockmarket

expect to hit a jackpot

sooner or later!

--

rather, they expect this to happen

sooner THAN later!!

--

probably as soon as today

if not right now!!!

--

so much so

that their entire trading system

and psychology

and habits

are heavily tilted towards

this overwhelming subconscious expectation!

--

it is an open secret

that jackpots

generally don't show up

often!

--

majority traders

have greyed their

trading hair

while waiting ashore

the stock market river

with their expectation nets

immersed deep

without any jackpot catch!

--

on the contrary

they have spent and lost

enough bait pennies

to make a jackpot

of their own!!!

--

those few traders who did stumble on a jackpot

more out of luck

than by design

lost it double fast

and remained hypnotised

for the rest of their lives!

--

rare events like jackpot

happen

rarely

and unexpectedly,

if at all!

--

you can't make

trading castles

on the sandy shore

of jackpot expectations!

--

instead

start with small and steady gains

thru a dependable method

improve it

convert it

into a habit

and then

try to increase the size of the gains

systematically and safely!

the returns this way

will not be jackpot

but jackdrum!!!

--

in a research in U.S.

it was proved

that bumblebees

prefer those species of flower

which assure steady availability of nectar.

they avoid those species of flowers

which may, at times,

yield

a "jackpot" of nectar

but majority of the times

return the bee empty mouth!!

--

not surprisingly

bees fill more pots of nectar in their lifetime

than a jack!!!

nip that pain in the bud!

pain of loss
is greater than
the pleasure of gain.
--
so when a trade goes wrong
which is often
especially for newcomers
and
loss appears on the screen
the new-bees are left with
only one way
to overcome
and avoid
the pain of loss
???
by not booking the loss
by not honouring the stop loss
....wishing the price
to turn
somehow
into the green
and become
a pleasure of gain!
--
obviously
this doesn't happen.
as a psychological miracle
the pain of loss
gradually turns into
the PLEASURE OF PAIN
and
the pleasure of pain
gradually turns into
the teasing
PAIN OF GAIN.

road to riches!

easy money goes easily

difficult money goes with difficulty!

but when

difficult money goes easily

people stay poor!

and when

easy money goes with difficulty

you are already on the road to riches!!