“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." - Warren E. Buffett

Thursday, March 27, 2008

Eye Of the Tiger

If you wonder what this image got to do here, then you need a lot to improve yourself.This is one of the basic feature for a successful trader. Before you invest your money into market, you should develop the skill to watch the market from outside. A watch such as a Tiger will give you an idea of when the shares are raising and when they are falling on a general note.Its better we learn some of the skill like this instead of entirely depending on somebody's advice or the way the market is going, because it is after all your hard earned money. They say as a whole the market is being ruled basically by sentiments of the investors.In one way if you accept this is right then what makes the sentiment of the public and how it affects the market as a whole. There is a lot of factors that causes the sentiments of the public like the depression in the economy, inflation, the instability of the government,any pattern change in the taxing system of the country, political situation,and the trend of the FII and so on, but even still you cannot say that these are the fixed important factors that rules the market since the market is not predictable by anybody but these are some of the reasons that had created some sort of instability in the market. To learn that you should develop the skill to watch the market.