Driving a Car and Trading in Stock Market

Trading in Stock Market is Like Driving a Car. Please see the followings:

1. Determine your destination.
(Select the potential stocks using FA)

2. Plan your route with the help of map.
(Set the strategy for entry and exit using TA with the help of chart)

3. Follow the your planned route with the help of road signs.
(Follow the strategy and look out for signal from the indicators)

4. Drive with care and watch out for the traffic.
(Invest with care and have a knowledge on the market)

5. Watch speed limit and do not break the rules.
(No chasing of price and do not break the rules set)

6. If miss the turn, do not worry, use the next turn or find the way back with the help of road signs and map.
(If miss an opportunity, wait or look out for the next one)

7. Reach your destination safely and sound.
(Exit when the exit signal is shown, cut loss or take profit)

8. Gain confident, knowledge and proceed with the next destination.
(Learn from the previous trade and proceed with the next one)