Dream Human: March 2010

THE LAWS of Lifetime Growth

LAW ONE: Always make your future bigger than your past. Find out more

LAW TWO: Always make your learning greater than your experience. Find out more

LAW THREE: Always make your contribution bigger than your reward. Find out more

LAW FOUR: Always make your performance greater than your applause. Find out more

LAW FIVE: Always make your gratitude greater than your success. Find out more

LAW SIX: Always make your enjoyment greater than your effort. Find out more

LAW SEVEN: Always make your cooperation greater than your status. Find out more

LAW EIGHT: Always make your confidence greater than your comfort. Find out more

LAW NINE: Always make your purpose greater than your money. Find out more

LAW TEN: Always make your questions bigger than your answers. Find out more

1. Caution. - Excitement (and fear of missing an opportunity) often persuade us to enter the market before it is safe to do so. After a down-trend a number of rallies may fail before one eventually carries through. Likewise, the emotional high of a profitable trade may blind us to signs that the trend is reversing. 2. Patience. - Wait for the right market conditions before trading. There are times when it is wise to stay out of the market and observe from the sidelines. 3. Conviction. - Have the courage of your convictions: Take steps to protect your profits when you see that a trend is weakening, but sit tight and don’t let fear of losing part of your profit cloud your judgment. There is a good chance that the trend will resume its upward climb. 4. Detachment. - Concentrate on the technical aspects rather than on the money. If your trades are technically correct, the profits will follow. Stay emotionally detached from the market. Avoid getting caught up in the short-term excitement. Screen-watching is a tell-tale sign: if you continually check prices or stare at charts for hours it is a sign that you are unsure of your strategy and are likely to suffer losses. 5. Focus - on the longer time frames and do not try to catch every short-term fluctuation. The most profitable trades are in catching the large trends. 6. Expect the unexpected.- Investing involves dealing with probabilities – not certainties. No one can predict the market correctly every time. Avoid gamblers’ logic. 7. Average up – not down. If you increase your position when price goes against you, you are liable to compound your losses. When price starts to move it is likely to continue in that direction. Rather increase your exposure when the market proves you right and moves in your favor. 8. Limit your losses. - Use stop loss orders to protect your funds. When the stop loss is triggered, act immediately – don’t hesitate. The biggest mistake you can make is to hold on to falling stocks, hoping for a recovery. Falling stocks have a habit of declining way below what you expected them to. Eventually you are forced to sell, decimating your capital. Human nature being what it is, most traders and investors ignore these rules when they first start out. It can be an expensive lesson. Control your emotions and avoid being swept along with the crowd. Make consistent decisions based on sound technical analysis. These guidelines should be internalized and if you are uncertain of which way to turn with a particular trade, re-read these statements and your answer should become clear.

INDIAN PREMIER LEAGUE - IPL 2010 The big opening match

The big opening match- All the top stars would like to start off in style & win it for their team. Playing in India again should be a good test for the international stars & fans in India are keenly looking forward to that. Here’s to a tournament that exceeds all expectations. Cheers! A win would be nice to cheer up the guys & get them excited for the rest of the tournament.