tag:blogger.com,1999:blog-7552674752068328652008-07-27T09:52:18.109+05:30Muraleedharanhttp://www.blogger.com/profile/08054405346952171984noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-755267475206832865.post-81797879742187776392008-07-12T10:59:00.006+05:302008-07-12T12:10:33.447+05:30<span style="font-family:arial;"> Your knowledge ,experience and the mind are more powerful resources than the tangible resources.Your knowledge about investment and and trading comes from your reading,hearing,seeing and doing.There are different learning styles and most people have strength and weaknesses as learners.<br /> An acronym that is useful in remembering learning styles is VARK.<br />V-Visual,A-Auditiry,R-Read and write,K-kinesthetic (learning by doing) .If we hear it,see it, read it,the skill and information is more likely to be automatic.<br /> Mind is the place where you get all sorts of emotions.Any basic student of trading knows that emotional trading wanes out your trading capital.Fear ,Greed ,Hope and Pride are the major emotions that leads capital wreckage.<br /> The major resource for trading is "YOU".You must learn to initiate and manage your own trades,nothing else is going to work for a long period consistently.This is the hard reality of trading.Your personality,emotions,beliefs,attitude, everything is going to ply vital roles in your tading success.This is one of the many reasons people fail in financial markets.<br /><br /> In my next posting I introduce to the topic "Fear and Euphoria" in trading and how it affects your trading life.Till then Good Day.<br /></span><div class="blogger-post-footer">index.html</div>Muraleedharanhttp://www.blogger.com/profile/08054405346952171984noreply@blogger.comtag:blogger.com,1999:blog-755267475206832865.post-10337288448395772552008-07-10T08:42:00.000+05:302008-07-10T09:30:52.755+05:30<span style="font-family: arial;"> Y<span style="font-family: times new roman;">ou have to take an inventory of your resources before you think of investing.What is your net worth? What is your monthly income level? What is your age?What is your monthly commitment?What is the monthly surplus you have?What is your risk tolerance level?How much capital do you have?How much of that is risk capital?<br /> Once you have a clear idea of your resources you can think of investment.Where do I invest?What for do I invest? Am I investing for income or capital appreciation or both?<br /> There are various places you can park your fund. Your income will be proportionate to your risk tolerance level.You can go for fixed deposits Or post office saving where your return will be fixed but risk is also limited. You can as well invest in Mutual Funds or buy equities.You can invest in gold or real estate.<br /> You can do trading in equity shares,bullion,forex,commodities,derivaties,futures and options.Choice is yours.You can invest or trade yourself or find somebody who can do that job for you.These are some food for my readers thought till I meet you with my next post.<br /> <br /> <br /> <br /></span></span><div class="blogger-post-footer">index.html</div>Muraleedharanhttp://www.blogger.com/profile/08054405346952171984noreply@blogger.com