CREATING ANT HILL

Creating wealth with minimum investment requires tenacity and timely action. Indian stock market offers enough opportunities for small investors even with dismal amount of money to invest. For that one requires (my rules)

• a demat account
• some spare money, which one can effort to lose completely
• understanding of the market dynamics
• courage to take calculated risks
• disciplines and rules, one should frame for himself and follow religiouly
• open ears and judgements
• a beleive that market spares no mistakes, not even the experts
• willingness to fight it out
• ability to learn from mistakes of others
• ability to smile even with unintentional loss to book
• boast successes and hide failures

Probably the first two are the easiest to have, and the last two most of us have already. The other virtues are not that easy to achieve, however we will credit them to the successful traders. Rests do not have them, may be in very limited amount.

There are many rules framed by experts one cand find them in websites, blogs, megazines and books. I will try to go through them and try to reframe my sets of rules. In the meantime I will continue investment and I will keep records of my investments in this blog.

Ciao.