“To be a successful business owner and investor, you have to be emotionally neutral to winning and losing Winning and losing are just part of the game.” - Robert Kiyosaki
Here at Srilanka Share Market, we’re on a mission to provide first hand information to those who are willing to invest or trade in Colombo Stock Exchange. Also heading into share market could be scary, but we SriLanka Share Market turn that fear into fun by providing educational, research materials from respectable sources.
Sunday, 30 September 2018
Saturday, 29 September 2018
Quote for the day
“You will come to know that what appears today to be a sacrifice will prove to be the greatest investment that you will ever make.” - Gordon B. Hinkley
Friday, 28 September 2018
Quote for the day
"The problem human beings face is not that we aim too high and fail, but that we aim too low and succeed." - Michelangelo
Thursday, 27 September 2018
Quote for the day
"We find comfort among those who agree with us, and growth among those who don't." - Frank A. Clark
Wednesday, 26 September 2018
Quote for the day
"Challenges are what make life interesting. Overcoming them is what makes life meaningful." - Joshua Marine
Tuesday, 25 September 2018
Quote for the day
"Most of the important things in the world have been accomplished by people who have kept on trying when there seemed no hope at all." - Dale Carnegie
Monday, 24 September 2018
Quote for the day
"Patience, persistence and perspiration make an unbeatable combination for success." - Napoleon Hill
Sunday, 23 September 2018
Quote for the day
“A person who cultivates any interest in self-improvement will necessary encounter successes and failures, both of which life lessons can be useful to remember when seeking distant mileposts. Failure stimulates evaluation and new learning. Success stimulates development and retention of good habits.” - Kilroy J. Oldster
Saturday, 22 September 2018
Quote for the day
“Failure is constructive feedback that tells you to try a different approach to accomplish what you want.” - Idowu Koyenikan
Friday, 21 September 2018
Quote for the day
"Achievement is largely the product of steadily raising one's level of aspiration and expectation." - Jack Nicklaus
Thursday, 20 September 2018
Wednesday, 19 September 2018
Quote for the day
"The three great essentials to achieve anything worth while are: Hard work, Stick-to-itiveness, and Common sense." - Thomas A. Edison
Tuesday, 18 September 2018
Quote for the day
"The secret of business is to know something that nobody else knows." - Aristotle Onassis
Monday, 17 September 2018
Quote for the day
"You cannot judge what should bring others joy, and others cannot judge what should bring you joy." - Alan Cohen
Sunday, 16 September 2018
What You Can Learn From Successful Traders
By Tom Buckland
1. Do not expect instant results
One of the many problems have, especially beginners, is instant success. Nobody who has ever gotten anywhere has done it overnight.
Looking at successful traders, they have gotten to the top from hard work. It may be easy to think they got rich quick, but you will not have seen all the time and effort they put in during the early stages.
Don’t let anyone let you think otherwise.
2. Take responsibility
You must understand that everything you do is your responsibility. If you don’t do all the jobs needed to make it as a successful trader, you cannot expect to be one.
A common example to think about here is in fitness. How many times have you heard people say they’re going to lose a few pounds but do not proceed to change their ways? What happens? They stay exactly where they are.
Be honest with yourself.
3. Treat it like a business
The most successful traders realize that elite forex trading or first-class stock market trading comes from treating as aspects of professional trading like a business.
Treating it like a hobby can cause you to lose discipline and you could end up losing a lot of money through being careless. Trading comes with profits, expenses and risk, just like any small business out there.
Ensure that you treat trading like a business.
4. Keep a journal
Record everything that you do and write it down. By doing this, you will be able to track all successes to take into future strategies.
On the other hand, journals also allow you to keep track of your mistakes. This way, you will have evidence of what didn’t work so you can either improve the strategy or bin it completely.
Record keeping is important.
5. Do your research
To become a successful trader, you must be prepared to learn every day. The markets are constantly changing, meaning you must be up to date with the latest strategies to capitalise.
Everything that you will learn will be required in some form or another in the future. This research will allow you to focus on what information is correct worth pursuing.
Stay up to date with current affairs to gain an extra edge in the markets.
6. You must be consistent
You will find times during your trading career that you will think to yourself that the work is too repetitive and becomes boring.
However, you must remain consistent in your approach and work ethic. Eventually it will become a habit. Everything that has become great has gone through the tedious times just like you, so you are not alone.
Accept that things may become repetitive and stay consistent.
7. Don’t be afraid of failure
Every trader, businessman, entrepreneur has experienced failure in some shape or form. In fact, it’s part of the process of being successful.
What separates the successful ones from the rest is learning from the failure to improve and grow. You may have challenges but just like all previous others in your life, they can be overcome.
Embrace failure and use it as motivation for future success.
Source.: www.newtraderu.com
The best things to learn in life come from those who have proved successful in doing it themselves. Make as much effort as you can to learn from these people and what they have to offer.
This applies to all aspects of life, including stock market and forex trading.
The most successful traders are doing things most others are either not doing or not prepared to do.
Here are 7 things you can learn from the world’s most successful traders and you should start applying to your own career and/or life.
This applies to all aspects of life, including stock market and forex trading.
The most successful traders are doing things most others are either not doing or not prepared to do.
Here are 7 things you can learn from the world’s most successful traders and you should start applying to your own career and/or life.
1. Do not expect instant results
One of the many problems have, especially beginners, is instant success. Nobody who has ever gotten anywhere has done it overnight.
Looking at successful traders, they have gotten to the top from hard work. It may be easy to think they got rich quick, but you will not have seen all the time and effort they put in during the early stages.
Don’t let anyone let you think otherwise.
2. Take responsibility
You must understand that everything you do is your responsibility. If you don’t do all the jobs needed to make it as a successful trader, you cannot expect to be one.
A common example to think about here is in fitness. How many times have you heard people say they’re going to lose a few pounds but do not proceed to change their ways? What happens? They stay exactly where they are.
Be honest with yourself.
3. Treat it like a business
The most successful traders realize that elite forex trading or first-class stock market trading comes from treating as aspects of professional trading like a business.
Treating it like a hobby can cause you to lose discipline and you could end up losing a lot of money through being careless. Trading comes with profits, expenses and risk, just like any small business out there.
Ensure that you treat trading like a business.
4. Keep a journal
Record everything that you do and write it down. By doing this, you will be able to track all successes to take into future strategies.
On the other hand, journals also allow you to keep track of your mistakes. This way, you will have evidence of what didn’t work so you can either improve the strategy or bin it completely.
Record keeping is important.
5. Do your research
To become a successful trader, you must be prepared to learn every day. The markets are constantly changing, meaning you must be up to date with the latest strategies to capitalise.
Everything that you will learn will be required in some form or another in the future. This research will allow you to focus on what information is correct worth pursuing.
Stay up to date with current affairs to gain an extra edge in the markets.
6. You must be consistent
You will find times during your trading career that you will think to yourself that the work is too repetitive and becomes boring.
However, you must remain consistent in your approach and work ethic. Eventually it will become a habit. Everything that has become great has gone through the tedious times just like you, so you are not alone.
Accept that things may become repetitive and stay consistent.
7. Don’t be afraid of failure
Every trader, businessman, entrepreneur has experienced failure in some shape or form. In fact, it’s part of the process of being successful.
What separates the successful ones from the rest is learning from the failure to improve and grow. You may have challenges but just like all previous others in your life, they can be overcome.
Embrace failure and use it as motivation for future success.
Source.: www.newtraderu.com
Quote for the day
"Focus on the journey, not the destination. Joy is found not in finishing an activity but in doing it." - Greg Anderson
Saturday, 15 September 2018
Quote for the day
"Believe that life is worth living and your belief will help create the fact." - William James
Friday, 14 September 2018
Quote for the day
"Living in dreams of yesterday, we find ourselves still dreaming of impossible future conquests." - Charles Lindbergh
Thursday, 13 September 2018
Wednesday, 12 September 2018
Tuesday, 11 September 2018
Quote for the day
"Continuity gives us roots; change gives us branches, letting us stretch and grow and reach new heights." - Pauline R. Kezer
Monday, 10 September 2018
Quote for the day
"Life is a series of natural and spontaneous changes. Don't resist them; that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like." - Lao Tzu
Sunday, 9 September 2018
Quote for the day
"Change is the law of life. And those who look only to the past or present are certain to miss the future." - John F. Kennedy
Saturday, 8 September 2018
Quote for the day
"I cannot say whether things will get better if we change; what I can say is they must change if they are to get better." - George C. Lichtenberg
Friday, 7 September 2018
Quote for the day
"If you don't like something, change it. If you can't change it, change your attitude." - Maya Angelou
Thursday, 6 September 2018
Wednesday, 5 September 2018
Quote for the day
"Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best you are capable of becoming." - John Wooden
Tuesday, 4 September 2018
Quote for the day
"There are two different types of people in the world, those who want to know, and those who want to believe." - Friedrich Nietzsche
Monday, 3 September 2018
Quote for the day
“A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.” - Herm Albright
Sunday, 2 September 2018
Quote for the day
“Great achievement is usually born of great sacrifice, and is never the result of selfishness.” - Napoleon Hill
Saturday, 1 September 2018
Quote for the day
"Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it." - Bruce Lee
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