Comments on Trading Steps: Trading Tips and Tricks

Dear Sir, As you have mention that "emotions...

2010-02-12T23:25:06.900+05:30

Dear Sir,

As you have mention that "emotions do not need to be controlled" but what I thing is that during trading our emotions like greed, fear, etc. will come to play and due to this we can divert from our trading plan or method and due to this we may miss a supernormal profit or take a loss. So don't you think in this type of case we should control our emotions?

And one more topic for discussion is that, sir I have much interest in trading and I like to become professional trader but whenever I think that Trading as a business then at that time one question comes to my mind is that if we say that trading is a business then like other business in which main objective of the business man is earn profit but at the same time he produce something which is needed by the people, but in trading only trader get the profit and no one else is benefited. So can we call it as a business? Please respond to it.

Mr. Sudarshan, as we approach the end of the finan...

2010-02-12T12:06:56.320+05:30

Mr. Sudarshan, as we approach the end of the financial year, the returns of the market has to be accounted for, if you think this is the right place we could you have a healthy discussion on the tax aspect. If one contacts CA's we get divergent views to the same problem as the law has a lot of greay areas leaving us at the mercy of the ITO, your inputs would help, if this is acceptable to you I have a few questions which I would post once you agree ONLY, these would benefit everyone and PARTICULARLY ME.
Thanking you,
Regards,

JAHAN-PANAA TUSSI GREAT HO . To be very frank. U...

2010-02-12T09:52:41.911+05:30

JAHAN-PANAA TUSSI GREAT HO . To be very frank. Unintentionally, I have already understood your Principle No. 1.(by many trial & error methods and experiences on the Trading Floor.] And now, from Monday , I promise to practise, Principle No. 2 too. A few days back I requested your kind attention, and was seeking some explanation on the following quotation. ''SOMETIMES PRICES TREND,SOMETIMES PRICES TRADE,.... PRICES DONOT MOVE IN RANDOM MANNER.'' (words may vary] This is said to be one of the princples of DOW THEORY. Kindly give your opinion. Thanks , Bye.