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Sunday, December 4, 2011

DEVANAD: A EVERGREEN YOUTH TRADER


Millions of hearts plunged into grief with the sad demise of evergreen youth Devanand. I still remember how I tried to imitate his hairstyle in early adolescent years. Good Bye Dev sahib.
The philosophy of his iconic and cult song “ mai jindagi ka sath nibhata chala gya, hark fikr’ ko dhuyen me udata chala gya” has great significance if applies on trading. Trade with the trends.  No matter where market moves, up or down or sideways. Make your trading strategies in accordance with the market movements. And don’t let your worries (losses/risk) take over your strategies. Just forget about the losses you incurred. Let the bygone be bygone. If your trade to make up your losses you will be forced by your intuition to trade more on higher leverage and eventually it will lead you to see further losses. So keep in mind : mai zindagi ka sath nibhata chala gya, har fikr’ ko dhuyen me udata chala gya.

GOOD BYE DEV SAHAB.

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