Let's say in stock market, if we take a position just because the price of the stock or any option premium looks attractive, it will end up in disaster. First, we need to have a purpose for taking any position. It can be like, multiplying the capital or doubling the money in 1 year or 2 year. When we have this clear purpose about using our capital, that will definitely give way to ask a high quality question. When we have this question, we will definitely get the high quality answer and that will lead to take a high quality position
Let's say i have a purpose to double my money in 1 year. Now, due to this purpose i will ask a high quality question to myself to understand how to achieve it. Else, i will try to read some book on how to achieve it before investing or trading. Even i would seek some experts advise before taking any position in stock market. By doing so, the success rate is increased compared to taking a position without having an purpose
- To double the money every year, What is the Maximum and Minimum Time, I'm ready to hold the position ?
- To double the money every year, Can i manage my other expenses without disturbing the positions taken till the defined time frame ?
- To double the money every year, how much can i invest consistently ?
- To double the money every year, what knowledge is required and how to get it ?
- In the process of doubling the money every year and in case of Disaster / Crisis, what is the Plan B ?
- To double the money every year, what are things which i should never do ?
When we look at the Ice Berg, only 1/9 of that is above water and whatever we see is only the tip of it. We can segregate that into 5 parts. Define Purpose, Ask Question, Set Priority, Productivity and Profit. Any person who have the desire to achieve big in life should have the clear purpose and ask very high quality question and get the big answers. When we have the big purpose and high quality questions, we will have the profits which will show up on time. I wish you great success by defining purpose and asking high quality question yourself before investing or trading in stock market.


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