The time to buy is when the gloom is deepest Earnings without cash-flow is like a beautiful but empty suit

There are old traders and there are bold traders, but no old and bold traders Where ever you will try f, control your emotion ator Failed in doing so t, expect it, live with to control Market you will loose, rather control yoursel and your action. Even Greatest of Greatest Trader Specul over period of time, Nothing is more mightier then marke it.

The only true wisdom is in knowing you know nothing. - Socrates If you find yourself caught in "market frenzy" go for a walk and cool down Too much of churning is injurious to your wealth Market test patience and reward conviction The key is to trade when the odds weigh heavily in your favour. Not just when you think something's probably going to happen (up, down or sideways). That's not en ough. You want the odds to be overwhelmingly biased if you're going to put your h ard earned money at risk. Once you are doubtful , surrender to markets wish. See what markets is showing y ou, not what you wanted to see. Markets are supreme and no one can be above mark ets Without management integrity, no margin of safety can be high enough In Stock Market Investing Understating is more Important then Information Avoid Companies that withhold or try to hide bad news Market test patience and reward conviction Focus on Return on Capital (ROC), not earning per share Talent and effort are nothing without focus and determination In Stock Market money moves for active to passive investor Once you decide to work for yourself, you never go back to work for somebody els e." In reality, patience is crucial, but is a very rare investment commodity Curiosity will conquer fear even more than bravery will. Formula which combine timing and price The human side of every person is the greatest enemy of the average investor or speculator In a down-trending tape, feed your buy recs and price targets into a shredder. I n an up market, dart-throwing monkeys can go head-to-head with the best and the brightest out of Wharton. "Formulate and stamp indelibly on your mind a mental picture of yourself as succ eeding.

Hold this picture tenaciously and never permit it to fade. Your mind will seek t o develop this picture!" Courage does not always roar. Sometimes courage is the quiet voice at end of the day saying, " I WILL TRY AGAIN TOMORROW" Trading is dictators game' you cannot have a committee Trading is Simple but not easy The easiest time to make money is when there is a trend Trends have counter trends to shake the weak hands out of the game ( market ) Controlling looser is must; let your winner ride Speculator must know when to get in; more important he must know when to stay ou t; and most important he must know when to get out once he's in Learn, Observe, Practice The investor of today does not profit form yesterday's growth Doing your homework is infinitely more rewarding than trying to be on top of the market. Try every day to make yourself stronger, better and more integrated as a person Risk Management Techniques, The most important of these are position sizing, sto ps and money management. When you no longer need the approval of others you will have found the power wit hin you. If you know the enemy and yourself you need not fear the results of hundred batt les He who know when he can fight and when he cannot, will be victorious You have to believe in yourself Trading is a War, and ART !!!!! "The best protection against inflation is your own earning power. If you are the best teacher, you will command earning power and get your share of the national economic pie, regardless of the value of the currency. The second best investme nt is in a good company." - Warren Buffett "Those who have knowledge don't predict. Those who predict don't have knowledge. " - Lao Tzu " Success is what you do with your ability. It's how you use your talent "Stock speculation is largely a matter of A trying to decide what B, C and D are likely to think-with B, C and D trying to do the same." - Benjamin Graham "When purchasing depressed stock in troubled companies, seek out the ones with t he superior financial positions and avoid the ones with loads of bank debt." - P eter Lynch

"In the financial world it tends to be misleading to state, "There is no free lu nch." Rather the more meaningful comment is, "Somebody has to pay for lunch." Martin Whitman "To value a business, analyze where it will be 10 years down the road. Is there someone to run the business, and is it reasonably priced? The only two classes y ou need as an investor are "how to value a business" and "how to think about the stock markets." - Warren Buffett The whole secret of a successful life is to find out what it is one's destiny to do, and then do it. If you find yourself caught in "MARKET FRENZY" go for walk and cool down "While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster." - Benjamin Graham To get rid of non productive assets and free up capital. It is difficult for the promoter (read as Investor / Trader) to control the increasing pole of such dea d assets but this must be done. One of the biggest mistakes is to focus on a stock price instead of its value." - Warren Buffett Formal education will make you a living; self-education will make you a fortune "All of us have the power of choice. I choose to be rich, and I make that choice everyday." - Rich Dad The Human Sprit is powerful. It know it can do anything." - Rich Dad "Once you have knowledge, you can lay in wait for opportunity- and seize it when it come along" - Rich Dad Timing is vital. It is much more important to buy cheap the to sell higher "The market does reflect the available information, as the professors tell us. B ut just as the funhouse mirrors don't always accurately reflect your weight, the markets don't always accurately reflect that information. Usually they are too pessimistic when it's bad and too optimistic when it's good." - Bill Miller Investing is a Skill, if you can't understand it, don't do it. Individual thinking is prime soul of Investing or Trading Success "Even the intelligent investor is likely to need considerable willpower to keep from following the crowd." - Benjamin Graham " When your values are clear, your decision-making is easy." "An investment operation is one which, upon thorough analysis, promises safety o f principal and a satisfactory return. Operations not meeting these requirements are speculative." An investor's Worst enemy is not the stock market, but his own Emotions and Beha viour "When you come to a conclusion, you have to really not care what other people sa y." - W.B.

"Perfect" is the mortal enemy of "good enough." "The best assets you can have during inflation are your abilities." - Warren Buf fett "Develop into a lifelong self-learner through voracious reading; cultivate curio sity and strive to become a little wiser every day." - Charlie Munger The most important aspect of successful trading are confidence, consistency and discipline "Enthusiasm for 30 minutes is okay, for 30 hours is better, but for 30 days... now you're starting to get serious." " Once you decide to work for yourself, you never go back to work for somebody e lse." - Sir Alan Sugar Investors Focus on Business Performance; Speculators focus on Price Performance "What we think or what we know or what we believe is, in the end, of little cons equence. The only consequence is what we do" - John Ruskin "Cash combined with courage in a time of crisis is priceless." - Warren Buffett "You Do not have to control Market, You just need to control yourself and your g reed & fear" - Alchemist By three methods we may learn wisdom: First, by reflection, which is noblest; Se cond, by imitation, which is easiest; and third by experience, which is the bitt erest. - Confucius "Selling is something we do to reduce risk not something we do to lock in gains. " When you are tough on yourself, life is going to be infinitely easier on you. "Sit Tight, When you are Right" - Alchemist "In a bull market, one must avoid the error of the preening duck that quacks boa stfully after a torrential rainstorm, thinking that its paddling skills have cau sed it to rise in the world. A right-thinking duck would instead compare its pos ition after the downpour to that of the other ducks on the pond." - Warren Buffe tt "Stock picking can't be reduced to a simple formula or a recipe that guarantees success if strictly adhered to." - Peter Lynch The Success in trading comes not from knowing a myriad of patterns or technical' s ,etc but from the way you organize your day and the consistency of your approach . It is better to lose your opinion instead of your money! In market your Trade is counted more than your opinion - Alchemist In market fight is against yourself - Alchemist The problem is to limit the losses. No one may ever hope to become so expert tha t he never takes a loss

Every man is a damn fool for at least five minutes every day; wisdom consists in not exceeding the limit. - Elbert Hubbard THE MOST IMPORTANT KEY IS TO FIND A STRATEGY THAT FITS YOUR GOALS, PERSONALITY, AND COMFORT LEVEL; OTHERWISE YOU WILL NEVER HAVE THE CONFIDENCE NECESSARY TO TRA DE SUCCESSFULLY. " The world is changing very fast. Big will not beat small anymore. It will be t he fast beating the slow." "Mathematics is ordinarily considered as producing precise and dependable result s; but in the stock market the more elaborate and abstruse the mathematics, the more uncertain and speculative are the conclusions we draw there from." - Benjam in Graham Short Term Thinking is the enemy of long term investment success "All you need for a lifetime of successful investing is a few big winners, and t he pluses from those will overwhelm the minuses from the stocks that don't work out." - Peter Lynch The whole secret of a successful life is to find out what it is one's destiny to do, and then do it.